【CAAM: Detailed policies on scrappage and trade-in for new vehicles should be introduced as soon as possible】

The information released today (10th) by the China Association of Automobile Manufacturers (CAAM) shows that in the first quarter of this year, China's automobile industry has started smoothly and achieved a good start. Chen Shihua, deputy secretary-general of CAAM, said that specifically, automobile production and sales have shown rapid growth, both passenger cars and commercial vehicles have performed well; the market share of new energy vehicles has remained stable at over 30%; and the export of complete vehicles still maintains a high level, continuing to play an active role in driving industry growth. In the market, detailed policies on scrappage and trade-in for new vehicles should be introduced as soon as possible, and should form a good interaction with local promotions and enterprise marketing. (CCTV News)