Policy Supports Buying of Autos

News from central government reports that it will implement the "Auto Industry Adjust and Encourage Plan" in March. The government will offer 5 billion Yuan to help the farmers to change the old tricars and low speed wagons to new light trucks and minivans from March 1st to December 31st in this year. Auto experts analyze that the policy would bring at least 1,000,000 units auto consumption. It also means when the consumer buy one, every auto can bring 3000 to 5000 Yuan feedback from the government.

From last year’s statistics showed that the minivan totally sold more than 1million units. Many automakers will adjust their market strategy according to the good policy, especially for the minivan manufacturers.

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