Archive for May, 2008

Pakistan Automakers Push Import Ban

May 27, 2008

Pakistani automakers are lobbying the government to ban the imports of used cars into Pakistan.

They argue the high demand that local vehicle producers couldn’t cope with a few years ago has dropped and there is no need for allowing older vehicles in for import. They also cite the fact that local producers have invested billions of rupees to increase their production rate. Since demand dropped and supplies have skyrocketed, they believe their local investment may become the losers if imports are allowed to continue.

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Vietnam Plays with Tariff Rates, Business Confidence Drops

May 27, 2008

Within the last 16 months, the Vietnamese Government has changed the tariff rate for importing vehicle 5 times.

The current rate of 83% – effective since April 22nd – was particularly effective at dropping business confidence given that it was put into effect on a one day notice. All previous agreements were charged the new rate despite the fact they were made well before anyone new of the new rate.

Luckily for importers and exporters alike, Vietnam not to long ago joined the WTO which put a ceiling on how much the tariff rate can go up. So importers shouldn’t expect more raise unless Vietnam plans to violate their WTO agreement.

New Zealand Used Car Market Subdued

May 27, 2008

In a combination of rises in fuel prices, costs of living, and government legislation, overall used car sales have dropped. Large, fuel inefficient cars got hit the most with a 20% drop in sales.

In comparison, smaller vehicles and “performance” vehicles have been able to sustain sales. Smaller vehicles because they tend to be more fuel efficient. Sporty “performance” cars because most likely the average consumer for these types of vehicles aren’t concerned with rises in costs too much.

Used car exporters will want to focus more on offering smaller, fuel efficient cars to New Zealanders. Kei-class cars might even break out into main stream exports if fuel prices continue to rise.

Source: New Zealand Herald

Japanese Auto Auction Series Part 4 – AAAi / ARAI

May 12, 2008

Official Website: www.araiaa.jp
Established: 1920; Incorporated: 1956
Number of Auction Sites: 4
Auctions Held: Tuesday, Thursday, Friday, Saturday
Locations: Bayside, Fukuoka, Oyama, Sendai

This auction company has two names attached to it which can be confusing. Don’t be mistaken, it is one company being referred to: ARAI. AAAi simply means “ARAI Auto Auction international”. They have this longer name because they are capable of directly shipping the vehicles from the auction. This can reduce you FOB costs if your export agent takes advantage of this offer.

ARAI is a very diversified auction group in that they have many specialised auction meetings. On Tuesdays they have two locations where they sell 2 wheelers (motorcycles and such), Bayside and Fukuoka, and one location, Sendai, that sells four wheelers (cars). On Thursdays, Oyama has a 4 wheeler (car) auction. On Fridays, Bayside then switches to also sell cars. Finally on Saturdays, Oyama opens up an auction called VT auction (Van & Truck) specialising in the larger vehicles of the market such as commercial vehicles.

ARAI Auto Auctions provides a large assortment of vehicles to choose from and somewhat sorts them out according to type. This is useful for your auction agent (your exporter) to organise his schedule better to fit more auctions in for you.

For more information about other Auto Auctions such as ARAI/AAAi, join our Newsletter.

Related:
Japanese Auto Auction Series Part 1 – USS
Japanese Auto Auction Series Part 2 – JAA
Japanese Auto Auction Series Part 3 – Zip

Japanese Auto Auction Series Part 3 – Zip

May 1, 2008

Official Website: www.zipco.co.jp
Founded: 1996
Number of Auction Sites: 2
Auctions Held: Tuesday, Thursday
Locations: Zip Tokyo, Zip Osaka

The Zip auto auction is unique from other auctions in Japan. What makes it different is that it focuses on auctioning imported cars only. If you are looking for an non-Japanese car to import into your country, this is the place. You will find LHD vehicles as well as RHD vehicles which makes it very flexible for foreign buyers. This auction is very valuable for exporters to participate in.

Whether you are looking for an everyday French or American car or an exotic German or Italian car, this is the place for you. To give you an idea of what you will find here, you’ll see cars made by Alfa Romero, Aston Martin, Audi, Bentley, Bertone, BMW, Cadillac, Chevrolet, Chrysler, Citroen, Ferrari, Fiat, Ford, General Motors (GM), Hummer, Hyundai, Iveco, Jaguar, Jeep, Lamborghini, Land Rover, Lincoln, Maybach, Mercedes Benz, Mercury, Mini, Opel, Peugeot, Renault, Rolls Royce, Rover, Saab, Saturn, Smart, Volkswagen, Volvo and many others.

You may find that it is cheaper to buy an non-Japanese car from Japan through Zip than have one shipped from the Country of Origin. If you are planning to buy foreign in Japan, make sure your exporter has membership to Zip in Tokyo and Osaka.

Related:
Japanese Auto Auction Series Part 1 – USS
Japanese Auto Auction Series Part 2 – JAA