Policies are steadily implemented, and Guangdong’s second-hand car market stabilizes and rebounds

On October 27, the 2022 Guangdong Used Car Conference was held in Guangzhou. Facing the new situation, new opportunities and new challenges, Guangdong Automobile Dealers Association invited the heads of relevant government departments and industry experts to interpret the new policies and talk about the development trend of the industry. At the same time, the upstream and downstream enterprises in the used car industry also shared the experience of successful transformation. In the future, the Guangdong Automobile Dealers Association will work together with enterprises in the industry, relying on new policies, out of a new pattern, and create new development opportunities for the industry.

Yan Fei, President of Guangdong Automobile Dealers Association

Yan Fei, president of Guangdong Automobile Dealers Association, said that with the gradual implementation of various new policies in October, the second-hand car trade in Guangdong Province has stabilized and rebounded. The industry continues to develop healthily.”

The new policy has pointed out the direction for the transformation and development of the used car industry. The heads of the Guangdong Provincial Department of Commerce, the Taxation Bureau and other relevant departments explained the policy in detail. At the same time, Cui Dongshu, secretary general of the National Passenger Vehicle Market Information Association and the Automobile Market Research Branch of the China Automobile Dealers Association, also made an outlook on the future development trend of the automobile market.

Cui Dongshu, Secretary General of the National Passenger Vehicle Market Information Association and China Automobile Dealers Association Automobile Market Research Branch

Since the beginning of this year, a package of policies conducive to the development of used cars has been gradually implemented. In July, 17 departments including the Ministry of Commerce issued the “Notice on Several Measures to Revitalize Automobile Circulation and Expand Automobile Consumption”. Notice”, the policy bottlenecks that have been restricting the development of the second-hand car market have been eliminated one by one, and the second-hand car industry has ushered in the best period of development. But at the same time, the industry is also facing many difficulties such as the normalization of epidemic prevention and control, the downturn of the macro economy, and the severe contraction of consumer demand, and the industry has to overcome various discomforts caused by the running-in of new and old policies. How to grasp the “east wind” of the policy and meet the challenges is a problem that every enterprise must seriously consider in the transformation and upgrading.

With the implementation of a series of policy measures, the second-hand car market will bid farewell to the temporary downturn, bringing huge opportunities for the development of the industry. In the interactive session, representatives of used car dealers, used car trading markets, used car service providers, and banking companies had face-to-face exchanges and had a dialogue on the innovation and reform of used car dealers under the new policy, accelerating the transformation and upgrading of the used car industry.” Empower”.

[Reporter] Shao Yumei

【Author】 Shao Yumei

[Source] Southern Newspaper Media Group Southern + Client