Car下乡details - Car下乡

by lovevol119 on 2009-03-02 22:38:26

Rural Auto Program Details - Rural Auto Program January 14, the State Council's executive meeting reviewed and in principle approved the automobile industry adjustment and revitalization plan. The plan proposed that from March 1, 2009 to December 31, 2009, the state would allocate 5 billion yuan to provide one-time fiscal subsidies for farmers who trade in their three-wheeled vehicles and low-speed trucks for light-duty trucks, as well as those purchasing micro-passenger vehicles with engine displacements under 1.3 liters.