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Wuhan's Car Replacement Policy to be Suspended from Tmr; Scrap Renewal Policy Continues
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The vehicle replacement policy for 2025 in Mainland China will be suspended from 24:00 tomorrow (19th), according to an announcement by the Wuhan Municipal Bureau of Commerce. Consumers must purchase vehicles by that date and complete registration and subsidy applications by August 31. Late submissions will not be accepted. Applicants must correct any materials by September 30, or they will be deemed to have forfeited their eligibility. Additionally, the vehicle scrap renewal policy will continue to be enforced. AASTOCKS Financial News Website: www.aastocks.com |
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