Japanese Used Motor Vehicle Exporting Association
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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.
Purpose
[edit]The trade association exchanges information, establishes order of fair trade in the used motor vehicle industry, and supports the development of the used motor export business while also conducting joint-business activities required by members, promoting economic activities for members, and improving their social and economic standing.
History
[edit]The drastically eased regulations regarding vehicle exports and the simplification of business made it possible for anyone to join the export business, resulting in more competition and an increase in illegal exports, including the export of stolen vehicles and illegally rebuilt or remodeled vehicles. JUMVEA was established as an organization to bring a standard to exports and nurture importers trust. Exporters who are a part of the association must meet that standard.