japanese car importers

Guide to Business & Trade

 

Japanese Cars ! Sleek or small, glitzy or sporty, convertible or coupe, cheap or luxury – think car models and there’s a good chance that you’ll be thinking Japanese.
Japanese-made cars are currently not only amongst the most desired models across the world, but also amongst the highest selling. Many of them are beautiful looking units, and though the first few models had a reputation for being complex and not very sturdy, the modern Japanese cars match the best in the world.There are nine major car manufacturers in Japan – Toyota, Subaru, Nissan, Mitsubishi, Honda, Suzuki, Isuzu, Daihatsu and Mazda. Toyota has climbed to the top slot within Japan and is the third-largest car company in the world, surpassed only by General Motors and Ford. Honda is another great success story in modern times. The Honda Accord is the best-selling car in the continent of North America.

There has been a tremendous growth in the demand for importing Japanese Cars in India as well, especially since the rules for importing cars have been relaxed in recent years. In fact, many Japanese, European and Korean automobile giants have set up manufacturing units in India.
At the same time, export laws in Japan have also been revised, so that exporting cars is easier for the Japanese dealers.

If an Indian wants to import Japanese Cars, he or she does not need a license, but it is best to appoint an import registration agent who can take care of the paperwork and required customs’ clearance.

Since India does not have a stable duty structure, importing cars can be an expensive proposition. At least 40-45% of the price of a foreign-made car comes from duties and taxes.

Guide to Business & Trade. Author Annie Zaidi

 

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