Used car importers get one-time relief
- 26-Jun-2026
ISLAMABAD: The federal government has approved a one-time relaxation to facilitate the clearance of thousands of imported used vehicles that have been held up at Karachi port following the implementation of new inspection requirements. The Ministry of Commerce has exempted certain used vehicles imported under the Gift, Personal Baggage, and Transfer of Residence (TR) schemes […]
Japan puts the brakes on used-car trade
- 02-Oct-2023
Japan’s move to bar most used-car sales to Russia slammed the brakes on a trade nearing $2 billion annually that had boomed in the shadow of sanctions over Ukraine elsewhere, according to trade data and market participants. In early August, Japan’s government banned exports of all but subcompact cars to Russia, cutting off a lucrative […]