A few days ago, the Russian government launched a car scrapping incentive policy that will be implemented until the end of this year. China Single Scissor Lift,Low Profile Scissor Lift Table,Motorclyle Scissor Lift,Low Profile Electric Lift Table, we offered that you can trust. Welcome to do business with us.Made in Italy with new technology, there are many styles for you to choose, welcome to consult our sales staff to provide you with a more detailed introduction. Single Scissor Lift,Low Profile Scissor Lift Table,Motorclyle Scissor Lift,Low Profile Electric Lift Table Yingkou Yuanmech Machinery Co Ltd , https://www.yuanmech.com
According to Russian media reports, the Russian government will allocate 10 billion rubles from the budget, and subsidize the owners of scrapped cars from September 1, 2014 to December 31, 2014. It is estimated that this will at least pull 170,000 vehicles. New car sales.
Different from the previous one, the target of enjoying the subsidy policy for scrapping subsidies has changed slightly. Under this stipulation, car owners can apply for government subsidies when they retire vehicles with a vehicle age of more than 6 years. In the past few years, the scrap subsidy preferential policy was only for vehicles with a vehicle age of more than 10 years.
In addition, the owner of the vehicle will receive the “old-for-new†discount for the car dealership while receiving the scrap subsidy.
Denis Manturov, Minister of Industry and Trade of the Russian Federation, said that "Russia's plan to promote automobile scrapping will be extended to all types of vehicles: cars, off-road vehicles, trucks and buses." "Whether it is a natural person or a legal person, you can enjoy preferential policies when you buy a truck after scrapping a car or buy a car after you scrap a truck. This policy has no restrictions on specific models."
According to the plan, the subsidy fund for scrapping cars is about 40,000 rubles, and the subsidy for scrapping trucks is about 350,000 rubles. The discount rate for "old-for-new" is between 40,000 rubles and 300,000 rubles. The funds will be advanced by the automakers first, and by the end of the year, the government will compensate.
The policy, announced by the Ministry of Industry and Trade of the Russian Federation, aims to save the Russian auto market, which has seen a sharp drop in demand for new cars in recent months. In the past, many Russian automakers have repeatedly called on the government to take measures to save the declining auto market. According to statistics from the European Business Association Automobile Manufacturers Committee, Russia’s car sales in July 2014 were only 180,000 units, a decrease of 54,500 units compared with 234,500 units in the same period last year, a year-on-year decrease of 22.9%, a reduction of 6 The month was expanded by more than 5 percentage points. In the first seven months, Russia’s cumulative car sales reached 1.41 million units, a decrease of 155,000 units compared with 1.565 million units in the same period last year, a year-on-year decrease of 9.9%. Among them, the sales of foreign brand cars also fell by 7.5% year-on-year.
Experts believe that the Russian car scrapping encouragement policy is the hope of domestic auto dealers, they will be active, handle business and prepare relevant materials. This policy will boost the Russian auto market to a certain extent. In the next few months, the Russian car scrapping encouragement policy will gradually reveal its driving force on the market. May may not be much reflected in September, but by October, the effect may be more obvious. The year-on-year decline in Russian car sales may also be gradually reduced from the current 10% to around 5% in November and December. If there is no restriction on the price and production country of the new car that enjoys the preferential policy, it will greatly promote the sales of SUV.
In 2010-2011, the Russian authorities jointly invested a total of 16 billion rubles to implement similar measures, which significantly stimulated car sales. At that time, Russia’s “old-for-new†subsidy policy stipulated that every Russian consumer who has been deprecated in accordance with the prescribed procedures for more than 10 years (and the current owner has been registered in the Russian vehicle management agency for more than one year) will receive the purchase of a new car. The Russian government subsidies of 50,000 rubles. To this end, the Russian Ministry of Industry and Energy has approved a list of 65 designated replacement models that consumers can enjoy with the “old-for-new†subsidy of 50,000 rubles. 17 models from the Russian Volga car factory, 9 models from Ulyanovsk, 7 models from the Gorky car factory, and Volkswagen, Fiat, Chevrolet, Opel, Ford, Renault, Skoda, Toyota, Nissan, Isuzu, The “industrial assembly†models of foreign brands such as Kia and Hyundai have benefited from Russia’s “old-for-new†subsidy policy.
At the moment, although Russia’s anti-European and American sanctions are needed, it may exclude the “industrial assembly†models of Russian auto companies in the relevant countries, but Chinese brands may not generally benefit. Because the Russian automakers who are deeply mired in the slump in production and sales are more urgently in need of salvation. For example, Volga Cars, Russia's largest automaker, lost 1/4 of its sales in July 2014, down to 28,000. In the first seven months, sales were only 220,000 units, down 16% from the same period last year.
As for whether Russia will extend the car scrapping subsidy policy by 2015, the Minister of Industry and Trade of the Russian Federation Dennis Manturov said, “This will depend on the situation of the Russian auto market and the situation of automakers at that time. Continue to stimulate the market. The measures will depend on the development of the Russian auto market segment, which is estimated not to be before July next year."