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The total number of applications for the nationwide automobile trade-in subsidy has exceeded 10 million.

12/05/2025

The Ministry of Commerce released data on May 12, showing that as of May 11, the number of subsidy applications for the 'trade-in old for new' policy for cars in 2025 has reached 3.225 million, with 1.035 million for scrappage and renewal, and 2.19 million for replacement. Since the implementation of the 'trade-in old for new' policy for cars in 2024, the cumulative number of subsidy applications has exceeded 10 million.

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