Imports & Exports | Japanese Used Cars

Toyota Set to Jolt Used Car Market

Wednesday, December 7th, 2011

Toyota is set to jolt the second-hand car dealer industry when it begins to import used Toyotas into the country for auction.

The company will set up the car bazaar near Belle Vue on Mombasa Road where it has bought land across from the Kenya Bureau of Standards premises.Toyota will bring in cars ranging from five to seven years old which it will also guarantee in quality, mileage and function. The move is likely to hit second hand auto dealers hard as Toyota is the most sold brand in this category.

Outgoing Toyota Kenya MD Hylton Bannon said work is currently ongoing to put up the auction premises and a Toyota service centre at the location. “We will bring them and sell them by auction,” Bannon said. He spoke during the opening of Toyota’s Westlands’ service centre on Monday evening.

The facility is meant to serve the firm’s clients in the area who have previously been forced to go to Industrial Area for service. Another facility is to be put up in Gigiri.

Toyota reckons by selling used vehicles it will not cannibalize its new vehicles sales as they address different demographics. “The average Japanese trades in their vehicle after five years,” a Toyota representative said explaining why the company will bring in vehicles starting at five years old.

Currently, most of the used vehicles imported tend to be eight years old in accordance with the law. Some, Toyota said, have their odometers rolled back to reflect false mileage or have been in accidents. The vehicles Toyota will bring in will have a warranty of about three months.

The move will also ease the load for Kenyans who have to go through middle men and sometimes lose their money seeking to import ex-Japan vehicles. Toyota will also set up a major parts centre at the auction that will serve the region. The only other one is in South Africa.

Source: http://allafrica.com/stories/201112020075.html

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SLBCJ Motor Vehicle Summit Tokyo from 08th to 12th December 2011

Wednesday, November 16th, 2011

There is more than 40 years long history on motor vehicles trade between Sri Lanka and Japan and it is still to be continued having recorded a significant volume of the total trade between our two nations. At present the exportation of Japanese used car to Sri Lanka is increasing including the modern cars such as electric and hybrid equipped vehicles.

Given the circumstances, importation of best quality, most efficient and value for money vehicles to Sri Lanka from Japan, particularly in the used cars’ context, has been sometimes a problematic due to trends and changes of the trading methods and patterns, regulations and other various matters that are in exist. At the same time, this trade among the two countries has been affected the developments such as the Japanese economic recession, appreciation of Japanese Yen and the March 2011 earthquake, tsunami and the nuclear disaster that occurred in the East part of Japan.

In considering all these aspects of this trade, the SLBCJ included this sector as to be addressed in its Promotional Year Plan for 2011 and has organized the SLBCJ Motor Vehicle Summit Tokyo from 08th to 12th December 2011, jointly with the Embassy of Sri Lanka. During this Summit it is being scheduled to make a useful dialogs among the participants broadly on the concerns on Sri Lankan import side as well as the Japanese export side. Further, visiting the 42nd Japan Motor Show in Tokyo Big Site that will be held from 02nd to 11th of December 2011 and the leading car manufacturing factory in Kanagawa are also would be the other best opportunities of participating at this Summit.

The participants and the resource persons from both sides at this Summit will be included the senior government experts who are involving regularly in this sector, vehicle import/ export associations and relevant private sector businesses such as buyers, sellers, auctioneers, exporters, importers etc.

We are therefore extending our sincere invitation to you to take a part of this most useful and exiting Summit.

For more detail, Please contact :
Forum timings : 01:30 PM–06:00 PM
Dinner : 07:00 PM / Summit Dinner at GRAND PRINCE HOTEL, TAKANAWA
Participation fee : 20,000 (JPY) per head

For more detail, Please contact :
If you are interested in joining this event, please check full detail at below url :
http://slbcj.com/mv_summit-2011.html or email to : info@slbcj.com

source : http://www.slbcj.com/mv_summit-2011.html

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Toyota Kirloskar Motor to increase prices in Jan 2010

Tuesday, December 1st, 2009

Bangalore, 1st Dec 2009: Toyota Kirloskar Motor (TKM) today announced its plans to hike prices of its key models – Innova, Corolla Altis and Fortuner.

The price increase will be in the range – 1.5% – 2%. The price hike will be effective from 1st Jan, 2010.

Commenting on the increase, Mr. Sandeep Singh, Deputy Managing Director, Marketing, TKM, said, “So far, we have absorbed the increase in total costs – owing to the unfavourable exchange rate and increasing input costs – however, now we are compelled to pass on, a part of it, to the customer. We will continue to provide value for money and quality products to our customers, in line with our philosophy of “Customer First” “.

Vehicles, Cars

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Car importers in Japan seek tax breaks

Thursday, October 8th, 2009

The Japan Automobile Importers Association recently said it has asked the government to revise tax breaks for buyers of imported vehicles are not at a disadvantage.

Imported cars have suffered sluggish sales compared with domestically produced cars because most imports are ineligible for recent tax breaks of subsidies for cleaner-running vehicles, it said.

Imported cars are believed to be at a disadvantage because the government’s standard for measuring fuel consumption places more importance on lower traveling speed than in Europe of America.

Japanese Used Vehicles for Sale

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Importance of international Driving Permit

Friday, September 18th, 2009

An International Driving permit (IDP) is proof that you hold a valid driver’s license in your own country. And it provides a translation into almost a dozen languages, mainly so that police and other authorities in other countries can read your license in their own language. It may not be absolutely necessary to have it, since many countries recognize each other’s licenses, but traveling with an IDP has many advantages.

The permit is intended to overcome the difficulties drivers might have while traveling in other countries that may have widely varying licensing requirements. The IDP is a special license for tourists authorized by United Nations conventions on road safety in 1923, 1923, 1943, 1949, and 1968. Nearly 180 countries are signatories. The IDP is printed in several languages.

It is valid in all the signatory countries. In addition, many other countries that did not sign the treaty recognize the permit and accept it in their territories.

An IDP is easy to obtain if you know where to obtain if you require a driving test, and is available for a small fee. It is, in fact, an official translation of your domestic driver’s for a small fee. It is, in fact, an official translation of your domestic driver’s license.

Requirements
Applicants for an IDP
must:

be 18 or older,
have a recognized driver’s license,
submit to passport-type photo, and
make their application on an official from provided by the issuing authority.

An IDP cannot be post-dated, extended, or renewed, and is valid for only one year from the date of issue. Each time a new IDP is required, the driver must repeat the entire application procedure. The IDP must be applied for in the country of origin and cannot be used there in place of a regular driver’s license. Why is the IDP so valuable Well, local traffic police may not be able to understand the language on your normal driving license while chances are they may be familiar with at least one of the languages on the IDP.

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