On March 6, a group of posters about the "opening of the strongest preferential season for car purchase in the history of Hubei" triggered a heated debate, and the content of government and enterprise subsidies for many automobile brands was clearly visible.
According to statistics, 58 models of seven brands of Dongfeng Motor Group, including Dongfeng Citroen, Dongfeng Peugeot, Dongfeng Nissan, Dongfeng Honda, Landau, Dongfeng Fengshen and Dongfeng Fukang, participated in this round of car purchase subsidies, with subsidies ranging from 5000 yuan to 90000 yuan. It is understood that this round of subsidies is limited to Hubei Province and is valid until March 31.
However, the drawback is that Dongfeng Junfeng's overseas sales products are not among the subsidies.
In the view of many insiders, the collective price reduction action of Dongfeng Motor Group came from the government. On February 5, the Wuhan Municipal People's Government issued the Notice on Policies and Measures to Stimulate the Vitality of Market Entities and Promote High-quality Economic Development (hereinafter referred to as "Measures"), which stated that "the purchase of new energy vehicles that meet the requirements will continue to be exempted from purchase tax in 2023."
The Measures also proposed that "seize the opportunity of the extension of the special policies for promoting automobile consumption in the whole province, and support the Wuhan Economic Development Zone and Jiangxia District to jointly carry out car purchase subsidy activities with automobile manufacturers and sales enterprises, which will continue until March 31, 2023."
At present, Junfeng Company is increasing its promotion efforts to consolidate and expand more domestic and foreign markets.