Posts Tagged ‘Motor Vehicles’

Russia Tightens Used Car Imports

December 16, 2008

In follow up to our previous blog post, we can confirm used car imports to Russia will have an increase in import duty.

As it was expected, Vladimir Putin has signed the governmental regulation on the increase of import duty on used cars to Russia. The regulation comes into effect in one month since the day of its official promulgation. It is informed that this duty is constituted for the period of 9 months concerning import of automotive engineering, trucks and automobiles.

Import duty on used cars aged from 1 to 5 years rises from 25 to 30 %.

For those who have been importing, you might notice it says 5 not 7 years. Here more on that:

The most disputable question is reduction of maximal import age of cars from 7 to 5. Cars over 5 years will be imposed from 2.5 to 5.8 Euro per 1 ccm import duty. Taking into consideration governmental measures taken on prohibition of car bodies with following parts it is evident that automobile market of Primorye will have hard times soon.

On the positive side, it looks unlikely that RHD (ie Japanese) vehicles will be banned. It is being discussed, but most authorities agree that to ban them would cause to much havoc in the Far East regions of Russia:

…the State Duma authorities discuss the question on imposition of technical regulations on prohibition of right-hand drive cars. But according to the talks of the governor of Primorsky region Sergey Darkin and Secretary of Industry and Trade of Russian Federation Viktor Hrystenko, it is unlikely to happen.

– Source: Vladivostok News

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Romanian Car Caveat Starts Filling

December 4, 2008

While imports (particularly used car trading) seems to be stagnating in most parts of the world because of economic turn down, there are still many nations still empty of affordable cars. Romania is one such place. According to Financiarul.ro:

In the first ten months this year, the number of used cars from import rose 105%, to more than 205,000 units…

As you can see, the eastern European nation is starving for affordable vehicles and while brand-new models remains prohibitively high, used car imports are filling all the holes in the social landscape. While nearly all of these cars are coming from Western Europe, there may be room for Japanese exporters to find sales direct or indirectly from this situation. While it may not be affordable to export cars to Romania (worth finding out for those looking to expand), we can expect the need of replacement cars in those nations that are selling to Romania. Maybe we’ll see increased imports for Ireland/UK/Netherlands as a knock-on effect.

Car Watch: Toyota Regius and Vans

November 28, 2008

In continuation of our series, the Toyota Regius is a van made in Japan that is often exported throughout the world. There are many different sub-models that you’ll be able to find. That means you can find passenger versions, cargo models, a combo passenger/cargo type. Also they can be extended in length and height, they can be Deluxe versions, or stripped versions (useful for business purposes). You can also find many of them have duel sliding doors. There many choices to choose from (something you’ll see typical in Japan), and if the Regius styling isn’t your taste, there also many other van and people/cargo movers that are available in Japan.

For example, JCarBuys has a 2000 Toyota Regius Super GL with some photos available:

LH172 - 2000 Toyota Regius エース V Super GL D - white2 LH172 - 2000 Toyota Regius エース V Super GL D - white2 LH172 - 2000 Toyota Regius エース V Super GL D - white2 LH172-0036331-1 LH172-0036331-2 LH172-0036331-3

When you are looking for quality used vans and cargo/people movers, Japan offers many vehicles of various sizes, uses, and designs. Japanese used car exporters are often more than willing to help you purchase such vehicles.

Excise Tax could Double in Mongolia

October 16, 2008

According to UB Post (Mongolian news agency), the Mongolian Parliament is looking to increase excise taxes on used cars to stem import levels.

Mongolia has been experiencing all time high car import levels these recent years. And as more young men and women come to driving age the expect a very large increase of drivers in the next 5 years. Unfortunately, the infrastructure in Mongolia is not prepared to handle the new massive load and Ulaanbaatar’s (the capitol) roads are already being pushed to their limits.

Mongolian car traders and exporters alike may want to complete deals before the proposal gets approved in Parliament and new import taxes rates are implemented (possibly).

Source- UB Post

Philippines Imports Subdued

August 15, 2008

Philippines Gov has taken great lengths to shut down all illegal importing of used passenger cars.  It was a thriving business, but it depended on corrupt custom’s officials. As it reached nation attention, those who were abusing their power were removed and illegal imports were being confiscated. It seems for at least the short term that car imports are frozen.

HOWEVER… Importing diesel commercial vehicles is legal and still being done.  Most importing is done through  the Subic Bay Freeport Zone and the vehicles are converted to LHD.

The Bahamas Getting Heat From WTO

July 9, 2008

WTO – World Trade Organization – is an excellent organization to increase trade between participating countries. That why most nation have an agreement with WTO or are trying to join. Of course, free trade must go both ways (export and import) to be truely free. And WTO job is to make sure are countries are fair.

So how does this related to Japanese used car exports and the Bahamas? Well it might not be important to all exporters, but there are some that do export to the Bahamas. For those who do and appreciate small country news, the Bahamas might have to relax it tariffs if they don’t find a good excuse (and maneuvering) on why they should maintain their high tariffs for transport sector imports.

Because 40% of the Bahamas’ imports are transport related (new and used cars, parts, and fuel), they’ve grown used to the extra revenue and need to keep the budget balanced. WTO says this is violation of free trade and an act of protectionism. If the Bahamas’ government doesn’t make a reason to keep high taxes (such as for “enviornmental reasons”), they may be forced to reduce tariff rates for imports.

New Law from Dubai Tightens Imports

June 10, 2008

The recent decision of the Cabinet’s Services Committee will further restrict the imports of used vehicles into UAE starting January 2009. There will be an import ban on used light cars that are older than 5 years, and heavy vehicles are not allow if older than 7 years.

In good news, light cars over 20 years old are banned in the United Arab Emirates. This will push people to buy newer, better cars. And those vehicles can be from Japan.

Samoa converts to RHD

April 25, 2008

On 18 April, a Samoan law was passed that will now make driving on the left with RHD vehicles the proper way to drive on roads. This is good news for Japanese used exporters and importers who just a few years ago were banned from selling non-LHD cars in Samoa. This will be implemented somewhere in mid-2009.

Previously, only LHD vehicles were importable to driven on the right side of roads. This made it difficult to get a car as major markets around Samoa (New Zealand, Australia, and Japan) have cheap used RHD vehicles. Now, Samoans will be able to get more affordable cars.

Additionally to this new law, the government is also considering extend the age limit for importing used cars. Currently a car can be imported at an 8 years maximum age, but the prime mister’s plans would extend it to 12 years old.

This and next few years will bring a significant number of cars traded as people will start to trade in the LHD vehicles for RHD vehicles. Exporters can look forward to 2009.

New Rules for Importing Vehicles in Iran

April 21, 2008

Iran’s Ministry of Commerce has announced new regulations for import of vehicles as a measure to ensure only the latest models get into the country.

Nourlaw.com reports that the Technical Committee for Vehicles has informed importers that in the current Iranian year (March 21, 2008 to March 20, 2009) following registration and entry of the vehicle through an official customs post the vehicle must not have passed one year since the date of its manufacture if it is a passenger car, two years for trucks and five years for motorized construction and mineral extraction machines.

The new regulations are in accordance with the by-law of the regulations for imported vehicle.

Source: Press TV

Get more information on importing from our Newsletter.

Russian Car Importers Hold Protest

April 17, 2008

Last Tuesday Russian Car Importers held a protest against changes made starting April 1st in Vladivostok, Far East Russia, which have caused huge delays getting imported vehicles cleared.

On April 1, two customs posts – Vladivostok Auto Transport and Vladivostok Central – were combined into one – Vladivostok Commercial Port – by officials intended to smooth the process. In reality, the reshuffle has caused much chaos, delays, and as a result, money lost. Because of the large backlog and daily storage fees of about $20 per a car, auto businessmen acquire considerable lost which are bringing in double and triple digit numbers of cars each day. Ships are even being delayed as they must wait a few days before they can offload their vehicles.

In protest, traders decorated their vehicles with orange ribbons and the slogan “Car Dealers against Bureaucracy” and marched in front the Far Eastern Customs Department. Importers are look for the government to step in, cut, and normalize the clearance time. April may be a sluggish month for Japanese used car exports to Russia. Businessmen are looking forward to getting back to schedule.