Archive for category Auto Industry
Japan Auto Industry
Posted by in Auto Industry on August 22, 2011
Japan is credited for the creation of many types of vehicles some of which include Nissan, Suzuki, Mitsubishi, Subaru, Toyota and Honda and over the years have become one of the largest vehicle manufacturers in the world. It is not possible to refer to certain vehicles without mentioning the Japan auto industry. They import vehicles to numerous countries across the world such as the United States, Ireland and the United Kingdom. There are certain requirements that must be met before the importation process can begin and each country requires certain documentation before conducting this transaction within the Japan auto industry.
New Tax Regime
A seven-band CO2 emission system will apply from 1 July 2008, payable on category A vehicles will no longer be based on the engine size but rather on the level of CO2 emissions from the car.
VRT will now be charged as a percentage of the OMSP in accordance with the following table:
CO2 Emissions (CO2g/km) VRT Rates
0 – 120g 14% of OMSP
More than 120g/km up to and including140g/km 16% of OMSP
More than 140g/km up to and including 155g/km 20% of OMSP
More than 155g/km up to and including 170g/km 24% of OMSP
More than 170g/km up to and including 190g/km 28% of OMSP
More than 190g/km up to and including 225g/km 32% of OMSP
More than 225g/km 36% of OMSP
The new system of taxation will be applicable to new and imported category A vehicles.
As the new VRT rates differ from the current rates, the new regime is likely to impact on the VRT to be paid on all passenger cars registered after 1 July 2008. Thereafter, cars with lower CO2 emissions will have their VRT rates reduced. Reductions can be expected across the range of lower emitting vehicles. At the other end of the scale, larger, luxury and high performance models with higher CO2 emissions will be subjected to an increase in the VRT charged.
The Japan auto industry is continually growing due to the number of people that choose to import cars from this country. There are usually different prices associated with the type of vehicle being imported, the country it is being imported to along with other factors. The Japan auto industry makes it easier for people to import cars from their country due to their costs. The first thing you will need to do is find a reputable importer within the Japan auto industry. There are several trustworthy options that can be used for importing vehicles to the United Kingdom; some of them are AutoAdvan, JEM Japanese and European motors, Japanese imports direct and Universal Motor group Japanese car importers. These companies are trusted names throughout the Japan auto industry.
Read the rest of this entry »
The Automobile Industry – A Few Facts
Posted by in Auto Industry on July 2, 2011
It all started in 1769 when Nicolas J. Cugnot, a French engineer, tested his uncommon invention – a device which can be considered as the first automobile to run on roads. It consisted of a self-powered, three-wheeled, military tractor equipped with a steam engine. However, the automobile invented by Cugnot was not fit for the roads, being too heavy and large. Nevertheless, despite its ample starting point and the limited time it could run, Cugnot’s automobile made its way into history and opened the road for all those to follow.
Other remarkable names in the history of the automobile are those of Robert Anderson, the Scotsman who invented the electric carriage between 1832 and 1839 or of Thomas Davenport and Robert Davison who created more applicable automobiles which used non-recharging electric batteries. It was Henri Ford who, in 1914, introduced the bulk production of cars. From then forward, the car was no longer an icon dedicated to the rich, but it started to be available for the masses as well.
During the years, the industry developed rapidly, more and more countries decided to manufacture cars, the infrastructure has developed accordingly and the initial American supremacy has gradually faded as more European or Asian companies developed. At the moment, industries such as India and Brazil are flourishing and they are threatening the selling of other existing producers. In fact, world auto industry is now concentrating on markets such as those of Asia, Eastern Europe or South America, focusing mostly on Brazil, Russia, India and China (BRIC).
Read the rest of this entry »