Toyota shows interest in commercial import of used cars under new policy

Indus Motor Company (IMC), the local assembler of Toyota vehicles, expresses interest in the commercial import of used cars, in line with the government’s recently introduced policy.

The company has approached the Engineering Development Board (EDB), seeking clarity on the procedure, required documentation, and compliance steps necessary to initiate commercial imports of used vehicles.

Correspondence mentioned that while IMC’s primary focus remains on sustaining and expanding local CKD (Completely Knocked Down) operations which contribute to employment generation, localization, and national value addition — it is prepared, to explore the option of importing used vehicles commercially, as permitted under the current policy framework.

The company also emphasized its capacity to support such imports through a nationwide network of 58 dealerships, staffed by trained technicians and engineers. This infrastructure, it said, ensures quality aftersales service and long-term reliability for consumers.

IMC underscored the importance of adhering fully to regulatory requirements and sought EDB’s guidance on the procedural roadmap and qualitative confirmations needed for compliance.

This development comes after the Ministry of Commerce issued SRO 1895(I)/2025 on June 30, allowing the commercial import of used vehicles under HS Codes 8702, 8703, 8704, and 8711.