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A Japanese-market Toyota Crown S170 in the United Kingdom.The model has never seen an official release in the country and was registered in May 2019. 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.
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.
The imported cars are cheaper than local used cars due to the very low value of used cars in Japan (and to an extent, used products in general), and a much larger range of specifications are available on Japanese models compared to the very limited ranges sold locally – even in comparison to the UK, model ranges of Japanese cars can be very ...
This is a list of current and defunct automobile manufacturers of Japan. Major current manufacturers. Company Sub Brand Notes Honda (1946–present) Acura:
This is the incentive to export used vehicles. [1] The major car exporting countries (which includes both new and used vehicles) are Japan, the EU, USA, and Canada. [1] In the EU, 60% of used cars are marketed in other EU countries. The used car exports in the EU are focused on East Europe, the Caucasus, Central Asia, and Africa. [1]
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.