CCTV News (News Network): On April 13, the reporter learned from the Ministry of Commerce that this year, the scope of automobile trade-in subsidies, service experience and policy efficiency have been further optimized, which has stimulated the consumption vitality of the automobile market. As of 0:00 on April 10, 2025, there were 2.232 million applications for automobile exchange subsidies, including 747,000 applications for automobile scrapping and renewal subsidies and 1.485 million applications for automobile replacement subsidies. The continued effectiveness of the automobile trade-in policy has led to the intensive launch of new products by automobile companies, and the passenger car market continued to have a good trend in March.
