Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Japanese Imports Market Is Shrinking Dramatically

Auto Co A Car Dealership Specializing In Japanese Imports In Auckland, New Zealand Knows The Market Is Shrinking Dramatically


With newly implemented emission standard in January 2012, how are they trying to proceed in the time of rapid change?


In the high of 2006, New Zealand imported 160,000 vehicles from Japan.

However, due to the world economy, the strength of the Yen and considerable changes to automotive legislation in New Zealand, this business has steadily decreased over the years to less than half the volume from the peak of 2006 which is only 5 years ago.

With the new emission standards there is going to be even less volume of cars landing from Japan this year leaving many in the industry struggling to survive.

One of the 4 shipping companies which ships cars from Japan to New Zealand, Kiwi Car Carriers announced their exit from their Japan - New Zealand shipping business on March 26 after 17 years of its operation.

Exit of major players in the industry is most likely to continue.

In such rapid change of time, Auto Co continues to strive as a volume importer and one of the biggest retailers selling 150 vehicles a month to public.

Auto Co believes this is a result of ongoing efforts to keep the costs to minimum in order to provide public with affordable vehicles as well as winning market's trusts by associating with reputable companies like AA, Autosure, & UDC.


Their secret is simple;

1. They are one of the few with staff in both New Zealand and Japan, allowing them to cut out the middle men in the vehicle purchase process.

2. Their staff in Japan regularly attends dealer only auctions, sniffing out the best deals then ships them in bulk to New Zealand.

3. This bulk shipping saves further money.

4. For the consumer's peace of mind, all their cars are AA Appraised and Odometer Certified.

They also have a Chinese sales consultant for our Chinese community.

All this is has to be good news for the Auckland consumers.

For more information, http://www.autoco.co.nz

They also offer extra services such as competitive finance, more details found at http://autoco.co.nz/finance.aspx


ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Westpac: Sets Out Plan To Go Cheque-Free

Westpac NZ has announced details of its plan to phase out cheques, after signalling in May that it would be supporting a move to other forms of payment. Cheques will cease to be available as a means of payment after 25 June 2021. Westpac NZ General ... More>>

ALSO:

NZTA: Major New Zealand Upgrade Programme Projects Go To Tender

Two major New Zealand Upgrade Programme projects are beginning tenders for construction. The New Zealand Upgrade Programme is a $6.8 billion investment to get our cities moving, to save lives and boost productivity in growth areas. The first Auckland ... More>>

Reserve Bank: RBNZ Seeks To Preserve Benefits Of Cash

The Reserve Bank – Te Pūtea Matua is taking on a new role of steward of the cash system “to preserve the benefits of cash for all who need them”, Assistant Governor Christian Hawkesby told the Royal Numismatics Society of New Zealand annual conference ... More>>

ALSO:

Economy: Double-Dip Recession Next Year, But Housing Rolls On

New Zealand's economy is expected to slip back into recession early next year as delayed job losses, falling consumer spending, and the absence of international tourists bites into growth. More>>

ALSO:

Microsoft New Zealand: Microsoft Expands “Highway To A Hundred Unicorns” Initiative To Support Startups In Asia Pacific

New Zealand, 14 October 2020 – Today Microsoft for Startups launches the Highway to a Hundred Unicorns initiative in Asia Pacific to strengthen the region’s startup ecosystem. This follows the initiative’s success in India, where 56 startups were ... More>>

Fonterra: Farmers Taking Another Step Towards New Zealand’s Low Emissions Food Production

They’re hot off the press and intended to help take the heat out of climate change. Fonterra farmers are already among the world’s most sustainable producers of milk and now have an additional tool in their sustainability toolbox. Over the last few ... More>>

ALSO:



Courts: Businessman Eric Watson Sentenced To A Four-Month Jail Term

New Zealand businessman Eric Watson has been sentenced to a four-month jail term in the UK for contempt of court, TVNZ reports. More>>

OECD: Area Employment Rate Falls By 4.0 Percentage Points, To 64.6% In Second Quarter Of 2020

The OECD area employment rate – the share of the working-age population with jobs – fell by 4.0 percentage points, to 64.6%, in the second quarter of 2020, its lowest level since the fourth quarter of 2010. Across the OECD area, 560 million persons ... More>>

Spark: Turns On 5G In Auckland And Offers A Glimpse Into The Future Of Smart Cities

Spark turned on 5G in downtown Auckland today and has partnered with Auckland Transport (AT) to showcase some of the latest in IoT (Internet of Things) technology and demonstrate what the future could look like for Auckland’s CBD with the power of 5G. 5G is ... More>>

Stats NZ: Monthly Migration Remains Low

Since the border closed in late-March 2020, net migration has averaged about 300 a month, Stats NZ said today. In the five months from April to August 2020, overall net migration was provisionally estimated at 1,700. This was made up of a net gain ... More>>

University of Canterbury: Proglacial Lakes Are Accelerating Glacier Ice Loss

Lake Tasman, New Zealand | 2016 | Photo: Dr Jenna Sutherland Meltwater lakes that form at glacier margins cause ice to recede much further and faster compared to glaciers that terminate on land, according to a new study. But the effects of these glacial ... More>>

ALSO:

Dairy: Fonterra Sells China Farms

Fonterra has agreed to sell its China farms for a total of $555 million (RMB 2.5 billion*1), after successfully developing the farms alongside local partners. Inner Mongolia Natural Dairy Co., Ltd, a subsidiary of China Youran Dairy Group Limited ... More>>

ALSO: