Money is being thrown at the car market, many places have launched car purchase incentive policies, and industry consumption may usher in a small peak.

The Changsha Municipal Development and Reform Commission recently issued a new policy to promote automobile consumption. Consumers who purchase vehicles from SAIC Volkswagen Changsha Factory, Changsha BYD and other car companies at designated dealers and settle in Changsha can receive a one-time subsidy of 3% of the bare car price. Each car The maximum subsidy shall not exceed 3,000 yuan. The automobile industry is a key area for stabilizing growth and expanding consumption, and is expected to achieve the effect of "breaking through a little and reaping a harvest". Recently, Foshan, Xiangtan, Guangzhou, Zhuhai and other places have successively introduced policies to encourage automobile consumption. Last week, 23 departments including the National Development and Reform Commission jointly issued the "Implementation Opinions on Promoting Consumption Expansion and Quality Improvement to Accelerate the Formation of a Strong Domestic Market," which also has many ink on the automotive field. The China Automobile Association report believes that the sudden epidemic has become an inducement factor for some users to purchase cars. Through the analysis of users who had no plans to buy a car before, but who have strengthened their demand for car purchases due to the epidemic outbreak, "driving to reduce the chance of infection" and "family travel safety needs" are the main factors that strengthen their purchase of private cars. It is expected that sales of car companies will gradually pick up after March, driven by the recovery of terminal consumption. In terms of related companies, according to the vehicle sector of the theme library, GAC Group: its GAC Toyota and GAC Honda brands each had a production capacity of 120,000 units/year at the end of last year, and are expected to usher in a dual cycle of production capacity and products; Changan Automobile : Its subsidiary Changan Ford launched a new model "Adventurer" at the end of last year, and is expected to launch "Aviator" and "Navigator" this year, entering a strong model cycle; China Grand Automobile: It is a leading dealer group in China, with store coverage In 30 provinces and 59 car brands, new car sales are better than the industry. *Disclaimer: The content of this article is for reference only and does not constitute investment advice*Risk reminder: The stock market is risky, so be cautious when entering the market