Japanese used cars exporter >> Blog

Blog


Used vehicle exports increase for 5th straight month

In February 2012, used vehicle exports totaled 80,716 units, up 17.8 percent from a year earlier, showing the fifth consecutive month of year-on-year increase. The February figure also climbed 64.6 percent compared with the previous month.

In January-February period, used vehicle exports totaled 129,739 units, up 18.2 percent compared to the same period last year.

Remarkable increase of exports to Myanmar and Pakistan contributed to the February’s upward results.

Used vehicles bound for Russia, ranked first, were 10,162 units.

Exprots to the second-ranked Myanmar jumped from last year’s 356 units to 9,795 units in this February. The average FOB price of the shipped vehicles also climbed to 880,000 yen.

Exports to United Arab Emirates(U.A.E.), ranked third, rose 19.1 percent to 8,301 units.

Used vehicles bound for New Zealand increased 2.9 percent on the year to 4,672 units, while those for Chile declined 7.7 percent to 4,509 units.

Exports to South Africa slumped 41,8 percent to 4,055 units.

Used cars bound for Pakistan jumped from last year’s 973 vehicles to 3,681 vehicles to 3,681 vehicles.

Remarkable year-on-year increases were also found in exported volume to Kyrgyz (up 67%), Zambia (up74%), Trinidada anda Tobago (up nearly 4-times), Guyana (nearly doubled), Jamaica (nearly doubled), and Namibia (nearly tripled) etc.

In contrast, exports were very weak in Thailand (down 766 percent), Sri Lanka (down 61 percent) and China (off 73 percent).

Meanwhile, Tokyo Electric Power Co. formally agreed in March to receive compensation request from exporters of used vehicles, who were forced to pay fees of radiation measurement of vehicles to be exported to overseas markets.

Toyota unveils new Prius and Corolla in India

On January 8, Toyota Kirloskar Motor Ltd., the India subsidiary of Toyota Motor Corp., launched a new variant of the hybrid Prious sedan and an easy-access version of its corolla Altis in the Indian market.

The latest version of the Prius will be priced from 2.73 million rupees ($51,783) to 2.94 million rupees.

The company also said that the Corolla Altis sold in India can now be fitted with a special seat that swivels and slides to allow easier entry and exit from the vehicle for people with mobility impairments.

Toyota Hiace proves top target for car thieves 2011

Toyota Motor Corp.’s HiAce minivan was the most frequently stolen automobile in Japan in 2011 and its Celsior luxury sedan and Land Cruiser sport utility vehicle came second and third, and organization on car theft prevention said on January 27.

Many of the stolen HiAce and Land Cruiser vehicles are believed to have been smuggled to regions such as the Middle East and Africa, while many of the Celsior vehicles were sold on the domestic black market, according to the organization including the National Police Agency and automobile industry association.

By model, thieves took 2,773 HiAce vehicles, 1,419 Celsior vehicles and 1,071 Land Cruiser vehicles.

The number of reported car thefts totaled 24,927 cases in 2011, up 4.8 percent or 1,152 cases from the preceding year, the report said. The figure marked the first year-on-year increase since 2003, when the number peaked at about 64,000 cases.

By prefecture, Aichi, where Toyota’s head office is located, was the region where the greatest number of automobiles were stolen at 5,026 cases. Saitama came second wiht 1,766 cases.

Mazda, Sollers sign to start joint local production

Mazda Motor Corp. has signed a Memorandum of Understanding with the intent to establish a joint venture production facility with OJSC Sollers. The proposed production facility is to be established in Vladivostok, in Russia’s Far Eastern Federal district and supply several Mazda nameplates for the Russian market. Sollers is one of Russia’s leading automotive companies, engaged in the production, distribution and servicing of vehicles.

Russia is Mazda’s second largest market in Europe and sales are rapidly increasing. Mazda sold approximately 28,000 units during the period from January through September 2011, a year-on-year increase of approximately 77 percent.

In line with its mid term plan objectives, Mazda is expanding its business in emerging markets.

Deregistered vehicles for export up in October

The number of deregistered vehicles for export purpose (Yushutsu Masshou) totaled 106,283 units in October, an increase of 43.5% from a year earlier. This was the first month of year-on-year increase in two months.

The October figure also marked a 108.5% increase compared with the previous months.

Deregistrations of medium to large-passenger car rose 45.7% to 34,176 units, while those of small cars increased 49.0% to 52,210 units.

Deregistrations of medium to heavy-duty trucks were up 16.9% to 4,587 untis, while those of light-duty trucks were up 49.0% to 52,210 units. Used bus deregistrations totaled 570 units, up 22.8% from a year earlier.

Deregistered special purpose vehicles totaled 2,034 units, up 27.8% from a year ago result.

So far this year (January through October), deregistered vehicles for export purpose totaled 815,039 units, up 7.1% from a year earlier.