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Japanese used vehicle exporting is a grey market international trade involving the export of used cars and other vehicles from Japan to other markets around the world since the 1980s. Despite the high cost of transport, the sale of used cars and other vehicles to other countries is still profitable due to the relatively low cost and good ...
Japanese Used Motor Vehicle Exporting Association. Japanese Used Motor Vehicle Exporting Association (JUMVEA) is a trade association that began on September 14, 1995. On June 1, 1997, with the approval of the Ministry of International Trade and Industry, it was incorporated.
Private electronic market. Software. v. t. e. Auto auctions are a method of selling vehicles based on an auction system. [1] Auto auctions can be found in most countries and are usually exclusive to licensed automobile dealers. In a few countries, such as Japan, auto auctions are well known and used by most residents.
Drivers in the United States have loved Japanese-made vehicles for more than 50 years. With time comes new automobile innovations that have kept Americans' hold on Japanese vehicles strong. Flip ...
Grey market. Grey import vehicles are new or used motor vehicles and motorcycles legally imported from another country through channels other than the maker's official distribution system or a third-party channel officially authorized by the manufacturer. The synonymous term parallel import is sometimes substituted.
The Japan Automobile Manufacturers Association released figures on Wednesday indicating the country shipped 4.42 million vehicles to the rest of the world in 2023, less than the 4.91 million ...
The term " Japanese domestic market " (" JDM ") refers to Japan 's home market for vehicles and vehicle parts. [1] Japanese owners contend with a strict motor vehicle inspection and grey markets. JDM is also used as a term colloquially to refer to cars produced in Japan but sold in other countries. JDM does not necessarily refer to the market ...
Today, Japan is the third largest automobile market (below the United States and China) and is the second largest car producer in the world with its branded cars being among the most used ones internationally. Automobile export remains one of the country's most profitable exports and is a cornerstone of recovery plan for the latest economic crisis.