Volvo CE concluded international tradeagreement of its products with SK Encar Autowini.com

Volvo Construction Equipment concluded international trade agreement of its products with SK Encar

On February 6, Volvo Construction Equipment (Volvo CE) concluded international trade agreement of its products with SK C&C Co., LTD Encar, the automobile export specialist.

Through this agreement, Volvo CE will register its products to Autowini.com, the global auto trader’s marketplace which has been developed by SK Encar for the convenience of importers and exporters who are interested in trading new & used vehicles online. As the construction equipment industry faces downturn, Volvo group was struggling to seek for breakthrough solutions in controlling their export business and finally came up to choose the strategic partner, SK Encar.  

According to the buyer’s inquiries statistics (by categories) from Autowini.com, the overseas buyers show increasing interest in Korean used construction equipment since it recorded 10% of the total number of inquiries.  

Mr.Choi, the director of SK C&C Encar Global Division said, “Through this agreement of Autowini.com and Volvo CE, we will lead on improving credibility and preference of Korean used construction equipment to the automotive buyers worldwide. We are pretty sure that it will facilitate the used construction equipment sales and exports.”   

Mr.Lee, the director of Volvo CE domestic sales & marketing division said, “We could efficiently promote our brand (Volvo) through Autowini.com. We are expecting to enlarge our export networks to the countries of all over the world and meet more overseas buyers.”

Autowini.com is a comprehensive marketplace for all kinds of automotive items including car, truck, bus, equipment & parts. Anybody can participate in Autowini.com as a buyer (importer) or seller (exporter).

Reference: http://autowini.com/en/community/localMarket-view.do?i_sRecord=FB201311290000502777

Reference: biz.chosun.com

How to import new or used car from South Korea or Japan? - Ghana

How to import new or used car from South Korea or Japan?

Hello guys! This is Ms.Ki from Autowini.com! 

There are growing demand for imported used cars and drastic rise in its sales in Ghana. The most recent used car import statistics show that many people in Ghana’s automotive industry prefer Japanese and Korean used cars as Toyota (Hilux), Hyundai (Elantra, NF Sonata, Starex) & Kia (Sorento, Lotze). The dynamic exterior and quality interior of those Hyundai, Kia, Ssangyong, GM Daewoo, Toyota, Honda & Nisssan cars are attracting people in Ghana nowadays.  

  

I assumed that you may have questions regarding Korean & Japanese used car trade-in and retail pricing.

The cheapest way to buy a new or high quality Hyundai & Toyota used car is to import directly from South Korea or Japan, especially if you want to make money shipping cars to Ghana for sale. But it is really hard to visit the countries above since many difficult steps to go as for getting a visa and all other requirements to be done.

Are you planning on visiting South Korea or Japan by yourself? Why don’t you take an easier way to get a quality used car? In fact, there are well-constructed used car B2B websites online. (ex. Autowini.com) You can meet almost all professional Korean and Japanese auto traders at one place and comprehensive marketplace for all kinds of automotive items as car, truck, bus, equipment & parts. You will get more business opportunities and discuss about all kinds of information about online trade from these smart auto traders’ websites!

Buying a car online is a good way to negotiate a fair price without resorting to haggling. You can get in touch with an experienced sellers and support for a safe trade from those used car B2B websites.

Global Used Car Marketplace, leads to “Korean Wave” in auto industry

Global Used Car Marketplace, leads to “Korean Wave”

Access to over 186 countries to Korean used car web, Sales increased dramatically.

“I’d like to trade this car (Veloster) to my country, Mongolia. 

How much will be the estimated total charge for it?” (Mongolia, ID: gunbileg)

“I’m interested in your bus. Please give me the best price for this vehicle.” (Russia, ID:tooktook)

Those are the few examples of buyer’s inquiries from Autowini.com, which belongs to SK C&C. CO. LTD. Encar, the No.1 used Car Company in Korea. The number of Autowini buyers (15,527 members) was three times more than the number of Autowini Sellers (4,781 members). The number of access to the keyword, “Korean Used Car” is nearly equivalent to the number of the member states of the United Nations.

Mr. Choi, the director of SK C&C Encar Global Division said “The overseas demand for Korean used vehicles has been sharply increased. Aftermarket Auto Parts are in great demand from developed countries. On the other hand, Korean Sedan and sport utility vehicles are popular from the emerging markets.”

Korea auto exports faced 54% raise demand from around 161,500 units (2006) to 248,000 units within 5 years. The best selling items are Hyundai Avante XD, Hyundai Grand Starex (Russia) and Kia Morning (Vietnam). 

Hyundai Equus Limousine has been sold to German by air shipment.

In fact, more than 1,000 used car companies in Korea used to sell their products to the buyers in their yards. However, since the emergence of B2B Used vehicle online marketplace, the importers and exporters were able to get provided a simple and manageable process covering every step of international supply & demand chain.

Besides, the Japanese used car export companies jump into this online trading market. They post information of the products (Toyota, Honda & Nissan) on Autowini and get inquiries from the international buyers online. SK Encar said, “This happens because there is no such platform as Autowini.com in Japan. Not only will the sales of used car, but also of spare parts be dramatically increased in the near future.”

Reference: 

http://autowini.com/en/community/localMarket-view.do?i_sRecord=FB201311260000502761

Reference: Biz.chosun.com

Duty on Cars - Ghana News

Duty on Cars

The laws governing the importation of vehicles into Ghana is the Ghana Customs, Excise and Preventive Service (CEPS) (Management Law) PNDCL 330 of 1993, Sections 46, 47, 48, 78-94, 123-192. This law is complemented by CEPS (Management) Act 1998, (Act 552), Act 565, Act 598 of 14th April, 2001, Commissioner’s Orders and other Service instructions on vehicles.

Vehicles are categorized by the engine capacity e.g. 1.6cc, 2.0cc, 2.5cc, etc.

• By the seating capacity e.g. 5, 10, 30, 50 persons
• By usage/purpose e.g. Buses, trucks, tippers, lorries etc
• By age

The age of a motor vehicle imported under the law is calculated with effect from the year in which the motor vehicle was first manufactured. The age of a vehicle is a crucial determinant in valuation for duty purposes. In arriving at the age of vehicles, Customs uses the model year reckoning index which normally gives a round year age point e.g. 1990 or 2000 or the dealer chart matrix.

The model year reckoning index vehicles are those whose ages can be determined from a letter in the 10th position in a 17 character rotation counting from the left. Such vehicles include:

• All US and Canadian vehicles
• All Korean vehicles
• Japan (Mitsubishi, Isuzu)
• German (Opel, VW, Audi)
• Sweden (Volvo, Saab)

For example, an Opel Vectra vehicle with the chassis number viz: WOL000087N1658971 is a 1992 model.

Vehicles that have their ages falling under year of manufacture are the vehicles whose age can be determined from charts based on the records of manufacturers’ batches of production. Such vehicles include:
German, Japanese and Dutch vehicles e.g. Mercedes Benz, M.A.N Diesel, Toyota, Nissan, DAF etc. These vehicles have their ages determined by reading a chart furnished by the dealers of the type of vehicle.

Reference: http://autowini.com/en/community/localMarket-view.do?i_sRecord=FB201311250000502753

Reference: Ghanaweb

Cambodia's Auto Market: Audi will open its first showroom in Cambodia next year

Cambodia's Auto Market: Audi will open its first showroom in Cambodia next year

German automaker Audi will open its first showroom in Cambodia next year following Porsche, also under the Volkswagen AG (ETR:VOW3) banner, and Bayerische Motoren Werke AG (ETR:BMW)'s BMW, to break into the Southeast Asian nation’s tiny but growing new car market.

“The premium automotive market in Cambodia is a niche market sizeable enough to allow an investment in the proper facilities with a reasonable profit return,” Laurent Genet, chairman of Automotive Asia, Audi’s official distributor in Southeast Asia, told the Cambodia Daily.  

“The market will grow as Cambodian economic fundamentals continue to develop favorably.”Some of Audi’s cars will start at $33,800, cheaper than the average offering of Daimler AG's (ETR:DAI) Mercedes Benz, which also has a show room in Cambodia and sells 20 to 30 cars a year in the price range of $100,000 to $150,000, but Audi’s R8 Spyder sports car could sell for up to $174,000.

"I think the market will get stronger with the official distributor because so far it’s divided into the gray market and official distributors. Having more official players will increase the awareness of official distributors,” said Pily Wong, CEO of the Mercedes Benz dealership in Cambodia, welcoming the competition from Audi. “Their move is a good sign because it shows confidence in the industry and is a good indication that the market is growing.”

Reference: http://autowini.com/en/community/localMarket-view.do?i_sRecord=FB201311220000502746

Reference: International Business Times

Russian buyer purchased truck through Autowini

    Russian buyer purchased truck from Autowini seller!

Autowini Seller:

Hello Everyone!
My name is Natashya and this is my first time exporting a used vehicle to Krasnoyarsk, 
Russia! The buyer and I were both happy to make this valuable business!
Thank you autowini and hope to make more successful deals through your website.

Reference: http://autowini.com/en/community/deal-of-week-view.do?i_sRecord=FB201304190000500197

Best Selling Japanese Used Car TOP 20 !!

Назван самый популярный в России б/у автомобиль

Назван самый популярный в России б/у автомобиль

Агентство “Автостат” опубликовало отчет о продажах машин на российском вторичном рынке. За первые девять месяцев текущего года было продано чуть более 4 млн автомобилей, что на 2% меньше, чем за аналогичный период прошлого года.

Лидером российского вторичного рынка остаются модели Lada, но их продажи в текущем году сократились на 7%. Среди отдельных моделей наибольшую популярность сохраняет классическая Lada-2107, снятая с производства еще в апреле 2012 года — более полутора лет назад. За девять месяцев на вторичном рынке было продано 164,8 тыс. “семерок” — на 7,3% меньше, чем годом ранее.

Lada-2107 сохраняет заметный отрыв от занимающей второе место Lada-2110, также снятой с производства, причем еще раньше — в 2007 году.

Подержанных “десяток” купили в период с января по сентябрь 136,2 тыс. штук. Впрочем, спрос на модель за год упал на 13,9%. На третьем и четвертом местах оказались Lada-2114 (128,5 тыс.) и Lada-2109 (109 тыс.) “Четырнадцатая” стала популярнее на 0,6%, тогда как “девятка” потеряла 16,1% спроса.

На пятом месте оказалась первая из двух попавших в десятку иномарок — Toyota Corolla. За девять месяцев их было приобретено 99,5 тыс. — на 1,4% больше, чем годом ранее. Удивляться здесь нечему — Corolla за свою почти полувековую историю стала самым популярным автомобилем в мире: совокупный объем продаж этой модели приблизился к 40 млн штук. Не исключено, что месту в “топе” вторичного рынка Corolla обязана сохраняющемуся спросу на версии 1980-х и 1990-х годов.

Во вторую пятерку самых популярных на вторичном рынке России машин вошли еще несколько устаревших моделей “АвтоВАЗа”: Lada-2106 (не выпускается с 2006 года), Lada-21099 (не выпускается с 2004 года), Lada-112 (не выпускается с 2008 года) и Lada-2115 (не выпускается с 2012 года). На десятом месте оказался Ford Focus, но модель также насчитывает несколько поколений, в том числе достаточно старых — машина выпускается с 1998 года.

С 10-го по 15-е места расположились некоторые модели иномарок, традиционно популярные в России, например Daewoo Nexia (52,2 тыс.), Volkswagen Passat (51,2 тыс.) и Opel Astra (40 тыс.). ГАЗ-3110, последняя “Волга” собственной конструкции нижегородского завода, оказалась на 18-м месте с результатом 42,4 тыс. проданных экземпляров. Популярность автомобиля снизилась на 15,2%.

Наиболее заметный рост популярности на вторичном рынке зафиксирован у седана Lada Priora (12-е место, +19,5%), хетчбэка этой же модели (25-е место, +26,9% машин) и Renault Logan (16-е место, +17,3%). Больше всего позиций потеряли уже упомянутые Lada-2109 (4-е место, -16,1%) и ГАЗ-3110 (19-е место, -15,2%).

В топ-10 самых популярных брендов в России помимо находящейся на первом месте Lada вошли, в порядке убывания, Toyota, Nissan, Ford, Chevrolet, Hyundai, Volkswagen, Mitsubishi, Honda и Renault.

В начале 2013 года специалисты агентства “Автостат” подсчитали, что средний возраст иномарок в России колеблется возле отметки девять лет, тогда как для отечественных моделей этот показатель достигает 14,9 года.

Наиболее “молодыми” в России оказались автомобили марки Kia — их возраст в среднем составляет 3,5 года. Далее расположился бренд Chevrolet с результатом 3,9 года. Самыми “старыми” в России оказались марки Volkswagen (10,4 года), Opel (10,7) и Toyota (12,3). Среди отечественных брендов наиболее возрастными оказались автомобили “Москвич” — 25,4 года в среднем.

European auto makers all out to “seize Korean parts”

                                European auto makers all out to “seize Korean parts”

The BMW Group’s increased purchase of Korean parts is noteworthy in that it recognizes the competitiveness of Korean companies like Samsung and LG in next-generation environment-friendly cars and electric & electronic parts. This is common to all leading European auto makers like the Daimler Group and the Volkswagen Group as well as the BMW Group. 

The Daimler Group, which Mercedes-Benz belongs to, is also continuously purchasing increasing quantities of Korean parts. Having established a parts purchasing organization in Korea back in 2004, the Daimler Group is planning to purchase Korean parts worth €250 million this year. Next year the volume is expected to rise to more than €300 million. The Korean parts purchased by this company are supplied to the global production plants of the Daimler Group in North America, South America, China, India and Japan as well as in Europe. 

“We already have a partnership with more than Korean parts makers in terms of development and procurement,” said Alexander Moeller, vice-president of Daimler Truck Korea. “Still a great deal of them are used in the trucks of the Daimler Group, but an increasing number of Korean parts are installed in Mercedes-Benz passenger cars.” 

The increasing exports of Korean automotive parts to Europe are credited to the improved competitiveness of Korean electronic parts makers with focus on Samsung and LG, and the enhanced price competitiveness attributable to the FTA. 

“After the conclusion of the Korea-EU FTA, the exports of automotive parts to Europe went up 15%,” said Kim Moo-han, senior executive managing director of the Korea International Trade Association. “The synergies between European auto makers and Korean parts makers in the fields of next-generation environment-friendly cars and smart cars are expected to be huge.” 

Reference: http://autowini.com/en/community/localMarket-view.do?i_sRecord=FB201311210000502744
Reference: ET News.com

In Myanmar, Hyundai Motor basks in ‘Korean wave’

In Myanmar, Hyundai Motor basks in ‘Korean wave’

Hyundai Motor aims to raise its market share in Myanmar to over 15 per cent in the next three or four years, basking in the huge popularity of South Korean culture, the sole dealer for the automaker in the country said today. Hyundai Motor, which opened its first showroom in Yangon in August, plans to set up 14 dealerships in major cities by 2018 as it seeks to crack into the small, but growing market dominated by Japanese car makers, Kolao Holdings said. “Young people in Myanmar who watch Korean dramas visit our showroom and look for cars that were shown in the dramas,” Oh Sei-young, chief executive of Kolao Holdings, said at a media briefing. “Hyundai is really keen on the Myanmar market.”

South Korean culture, known as the “Korean Wave” or Hallyu, has swept through Asia in recent years generating billions of dollars in revenue from drama and pop music. Myanmar’s car market started to bloom around 2011, after the quasi-civilian government of President Thein Sein took over from the military government, allowing some old cars to be swapped for permits to import newer models. 

Myanmar will have a total 331,468 passenger cars registered this year, up 24 per cent from a year earlier, according to Kolao, adding only six out of 1,000 people own cars there. Most of the cars are Japanese, which dominate most Southeast Asian auto markets such as Indonesia. The likes of Nissan Motor and Ford Motor have raced to gain a foothold in the Myanmar market, spurred by the government’s loosening of import regulations on new cars in 2011. Hyundai Motor, which sells the Starex van and Elantra small sedan in Myanmar, targets sales of 1,500 cars next year in the country, Oh said. 

In neighboring Laos, Kolao Holdings imports and sells new cars from Hyundai Motor, Kia Motors and China’s Chery, and assembles knock-down kits of second-hand imported cars, controlling 37 per cent of the country’s imported car market. Kolao Holdings said in a filing yesterday that it plans to raise about US$150 million (RM471 million) through share sales in Singapore to help boost auto financing business in Laos, Myanmar and Cambodia.

Reference: themalaymailoline.com

Reference: http://autowini.com/en/community/localMarket-view.do?i_sRecord=FB201311190000502734

[Kazakhstan] Импортные таможенные пошлины на новые легковые автомобили 30% до 15% сократить

[Kazakhstan] Импортные таможенные пошлины на новые легковые автомобили 30% до 15% сократить

«Сегодня существует пошлина на ввозимые в Казахстан автомобили 30%, но не менее 2,2 евро за кубический сантиметр двигателя легковых автомобилей. У нас обязательство в районе 15%. Для подержанных автомобилей там есть специфический компонент, но не менее 0,6 евро. Что касается Российской Федерации, у них обязательства для автомобилей между 5 и 7 годами - 20%, а для автомобилей более подержанных - 1,4 евро», - сказала она в ходе слушаний по вопросам подготовки к вступлению в ВТО в мажилисе парламента в понедельник.

«У нас сейчас идут консультации как со странами-членами ВТО, так и с Российской Федерацией по гармонизации наших тарифных обязательств. Вы знаете, что как Таможенный союз мы должны применять единый таможенный тариф, поэтому на каком уровне это будет гармонизировано, будет зависеть от того, как мы договоримся со странами-членами ВТО совместно с Российской Федерацией», - уточнила Ж. Айтжанова.

При этом, по ее словам, Казахстан сохранит высокие пошлины на ввоз подержанных автомобилей старше 7 лет.

«Что касается подержанных автомобилей, я думаю, в результате гармонизации у нас будут высокие уровни пошлин и также мы через техническое регулирование, введение стандартов евро будем регулировать ввоз экологически небезопасных автомобилей, срок производства или эксплуатации которых составляет выше 7 лет», - сказала министр.

Ж. Айтжанова уточнила журналистам, что таможенные пошлины на ввоз в Казахстан подержанных автомобилей старше 7 лет составят после вступления в ВТО 0,6 евро за 1 куб. см двигателя.

Reference: meta.kz

Reference: http://autowini.com/en/community/localMarket-list.do

Mobile Crane sold to Dubai

Mobile Crane sold to Dubai

Autowini Seller: 

We have been exported 50 ton Mobile Crane to Dubai.

We guarantee "Trust! Quality! Cheap Price!" 

Used Heavy Machinery and Used Vehcles & Tires in Korea !!

Thank Autowini for assisting us to export our vehicle safely through your website!

Reference: http://autowini.com/en/community/deal-of-week-view.do?i_sRecord=FB201308060000501490

Hyundai to open showroom and service centre in Yangon

Hyundai to open showroom and service centre in Yangon

                          A Hyundai Car Showrrom in Britain (Photo-www.richmondhyundai.co.uk)

The South Korean Hyundai Motor Company is planning to open showroom and service centre in Yangon in September of this year, according to Fortune International Ltd, one of Hyundai’s local partners.

Hyundai is the largest company in South Korea with enormous economic and political power in the country and it is also World’s fourth largest automobile manufacturer. The company was founded in 1967 and headquartered in Seoul, South Korea.The company also owns shares in KIA Motor Company. Some local companies are officially importing and selling Hyundai vehicles.

Fortune International Limited, Hyundai’s sale representative, is importing and selling Korean’s products to Myanmar while also operating other businesses in construction, engineering, telecoms, livestock and fisheries, trading and rental estate.

The Company’s Chairman is Dr. Mya Han who is also vice president of Union of Myanmar Federation of Chamber of Commerce and Industry.

Reference: http://autowini.com/en/community/localMarket-view.do?i_sRecord=FB201307110000501228

Used car import taxes rise again - Vietnam News

Used car import taxes rise again - Vietnam News

The Government has hiked import taxes on used cars for the second time in three months following a circular released by the Prime Minister. Cars of Nine seats or fewer and an engine displacement of less than 1,000 cc will see import tariffs rise by $800 to $ 5,000 by June 26.

Meanwhile, used cars with a cylinder capacity of between 1,000-1,500 cc will see taxes lifted to $10,000. The previous hike in April saw the tariffs lifted significantly to $4,200 and $9,600 respectively. 

According to recent regulations, in order to  be defined as second-hand, used cars must have been registered in a foreign country for at least six months before being exported to Vietnam and they must have a minimum mileage of 10,000 km. Kia Morning cars assembled by Thaco in Vietnam bear a $4,500 special consumption tax plus $2,500 of import tax for parts and accessories.

"That means fraud is resulting in unfair competition between imported cars and locally assembled cars, especially of the brand that we are assembling," said Thaco's CEO Tran Ba Doung. 

Vietnam imported 4,000 cars worth $60 million in May, bringing the total car imports in the first five months of the year to 14,000 units, worth $247 million, according the General Office of Statistics. Car importers and traders said the April 1 cut in registration fees had encouraged buyers, along with the loosened credits for automobiles. 

According to the Ministry of Finance, Vietnam imported 27,000 cars in 2012, down 50 % year-on-year.

Reference : Viet Nam News. The national englush language daily

See more : http://autowini.com/en/community/localMarket-view.do?i_sRecord=FB201307110000501232

Importation of vehicles - Ghana News

Importation of vehicles - Ghana News

The following information was simply copied from a customs guide book, but it was not meant to be easy reading.  

One gets the impression that they don't want you to know actual cost, that there is some other conspiracy going on, other than gauging out your pockets.  If it doesn't make sense to you, don't be surprised.  The best route would be to hire a reputable clearing agent and pay their fee instead of all the hidden fees that will surface if you deal directly with customs. 

The following taxes apply:

Type of Vehicle	Import Duty	VAT	NHIL	Ecowas	EDIF Levy	Exam Fee	Proceed Fee
cylinder capacity under 1900cc	5%	12.50%	2.50%	0.50%	0.50%	1%
cylinder capacity between 1900cc - 3000cc	10%	12.50%	2.50%	0.50%	0.50%	1%
cylinder capacity upwards 3000cc	20%	12.50%	2.50%	0.50%	0.50%	1%
Vans with 10+ seats	5%	12.50%	2.50%	0.50%	0.50%	1%
Buses with 30+ seats	0%	12.50%	2.50%	0.50%	0.50%	1%	1%
Pick up trucks, tippers & lorries	5%	12.50%	2.50%	0.50%	0.50%	1%
Motor Bikes	0%	12.50%	2.50%	0.50%	0.50%	1%	1%
Bicycles	0%	0%	0%	0.50%	0.50%	0%	1%

  

Note:

• CIF is cost of the vehicle, insurance cost and freight cost.
• Import duty is based on the CIF value
• VAT is based on CIF + Duty
• Remaining categories based on CIF
• Vehicles older than 10 years will attract additional penalties

Valuation of vehicles:

• 6 months old- based on purchase price
• 1.5 years old- 85% of purchase price
• 2.5 years old- 75% of purchase price
• 5 years old-  65% of purchase price
• 5-10 years old- 50% of purchase price

Reference: http://autowini.com/en/community/localMarket-view.do?i_sRecord=FB201311180000502730

Reference: info-ghana.com