·Beijing city car market is expected to be hot this year

Despite the impact of the total license, the 1.6-liter and below displacement passenger car purchase tax concessions, the prospect of this year's Beijing auto market seems to be not optimistic, but in the opinion of industry experts, the Beijing auto market is not as pessimistic as imagined, with The increase in used cars and scrapped cars to replace new cars will gradually improve in Beijing this year, and may even return to the 2008 level.
It is understood that starting from February 15, 2017, the following models of the national I and China II emission standards in Beijing will be completely banned from driving in Beijing's Fifth Ring Road for 24 hours. This regulation will involve about 400,000 vehicles on June 30, 2006. The elimination or upgrading of the old models produced before will undoubtedly benefit the sales growth of new cars in the auto market. According to industry forecasts, if 400,000 vehicles choose to voluntarily upgrade or continue to use according to 10% of the owners, there are nearly 300,000 vehicles that choose to scrap the updates, which will at least bring 300,000 new cars to the market this year.
According to Yan Jinghui, consultant of the China National Federation of Industry and Commerce Automobile Dealers Chamber of Commerce, Beijing will have 150,000 new allocation indicators and 400,000 suburban old replacement vehicles in 2017, with a cumulative total of more than 500,000 local rigid demand, marking In 2017, the Beijing auto market will show the characteristics of the bull market and return to the state of selling 500,000 new cars in Beijing in 2008.
According to statistics, in 2016, the number of new car transactions in Beijing was 449,800 units, a year-on-year decrease of 2.28% compared with 460,300 units last year, and a decrease of 10,500 new cars compared with the same period of last year; a decrease of 12.65 percentage points from the year-on-year decline in 2015. It is the third consecutive year of new cars in Beijing. Sales showed a negative growth trend.
Yan Jinghui believes that in addition to the scrapped release of the old cars of China I and China II, there are more than 3 million updated stocks. That is, in the future, there will be a large number of old cars under the age of nine years entering the renewal period. According to the data, there are currently 5.6 million vehicles in Beijing, of which 56% and nearly 3.14 million vehicles were sold between 2006 and 2010. At present, they have entered the peak of renewal and replacement.
It is worth noting that, according to Beijing's current new policy, fuel vehicles are replaced with electric vehicles, and their license plate numbers remain unchanged. According to some surveys, nearly 20% of fuel owners are interested in purchasing electric vehicles. They are actively consulting about the purchase of new energy vehicles with fuel vehicles. This has undoubtedly brought new increments to the new energy vehicle market.
Yan Jinghui said that Beijing's new energy vehicle purchase index has entered a tight period. Concerns about the scarcity of indicators have led to an increase in the cherishment of indicators and a lower rate of abandonment. The subsidy will gradually affect the sales of new energy vehicles, especially in terms of renewal. Flexible car buyers, but as manufacturers focus on improving product quality, actively adopt internal digestion costs, improve cruising range, strive for the original price range subsidies, increase sales service outlets and other practical measures, market sales will be restored. (Beijing Business Daily reporter Lan Zhaohui)

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