·Shanghai will increase the limit of foreign brands

The latest news about Shanghai's policy of increasing the limit of foreign-brand vehicles. The reporter learned from the press conference of the Shanghai Municipal Government on the 25th that the relevant departments in Shanghai are studying the comparison of policies and programs, and are preparing to increase the restrictions on the vehicles of foreign brands.

On April 15 last year, the Shanghai Traffic Management Department implemented a new policy for foreign brands, and it was forbidden to hang small passenger cars such as other provinces and cities in 8 areas during peak hours.

“The effect is obvious in the first few months, but as the total number of vehicles increases, the follow-up effect gradually weakens.” Xu Wei, a spokesperson for the Shanghai Municipal Government, said that the relevant departments have evaluated the time limit for the extension of foreign cards in Shanghai. The department is studying the comparison of policies and programs to increase the restrictions on foreign vehicles. However, in order to truly solve the traffic congestion, restricting foreign cards is only a transitional measure, and the key is to upgrade Shanghai's public transportation.

According to the press conference, the number of cars in Shanghai increased rapidly in 2015, reaching 450,000 vehicles, including 240,000 foreign-brand vehicles. By the end of the year, the total number of foreign-brand vehicles reached 1.24 million.

The data shows that as of the end of 2015, the number of motor vehicles in Shanghai reached 3,340,400, including 2,109,800 vehicles; and 6,506,600 motorists.

According to industry insiders, with the development of Shanghai's economy and society, car ownership will continue to grow rapidly. The news that the foreign-branded vehicles have increased their restrictions will lead to the continued popularity of Shanghai license plate auctions.

In the Shanghai February license plate auction that ended on February 20, more than 190,000 people participated in the auction, refreshing the record of the number of people in the history of Shanghai. The lowest transaction price of the Shanghai license plate auction reached 83,200 yuan, and the winning rate was 4.3%.

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