BID

Sri Lankans Buying cars in Japan…...at Auction…...at Wholesale!

Eagle Japan, Ltd. changes the way you buy the car of your dreams

Changes in Argentina as YPF looks to reinvent itself.

 

car
The quality of Japanese cars is highly appreciated in the market and every year demand for them increases, making Japanese brands market leaders in the segments in which they compete.
 

The new offering from Honda has a turbocharged 2.0 litre engine which delivers 306 horsepower to the six speed manual transmission. The combination moves the car down the road at a top speed of 167 mph and propels it from 0 to 60 in 5.7 seconds. This new car is being built in the UK.

 

The all wheel drive Impreza has been restyled and the energy management controls have been reprogrammed, giving it improved fuel economy and more assist at higher speeds. The model is available only in Japan, and Subaru has not announced if it will be released elsewhere.

 

Japanese cars are in high demand worldwide because their manufacturers enjoy the best reputation for quality in the world. The pioneers of Japanese Quality -- Kaoru Ishikawa, creator of the Fishbone Diagram and Shigeo Shingo, with his Techniques to Prevent Defects, and Zero Quality Control -- are well iknown. Thanks to innovators like them, Quality in Japan improves year to year, making Japanese products some of the most sought after in the world.

 

There is a company in Sri Lanka which is making it possible for its local customers to buy new or used Japanese cars at wholesale prices. The firm is called Eagle Japan, and it offers a service unique in the industry.

 

Of course, there are plenty of importers of Japanese cars into Sri Lanka, but what sets Eagle Japan apart from its competitors is that it allows customers in Sri Lanka to do the buying directly at Japanese auctions in real time, reducing costs and allowing the customer to purchase the car he wants rather than hoping to find it on the car lot. Eagle Japan is able to offer this service because of a very specific set of skills, experience and relationships.

 

Eagle Japan was founded by Mr. Pubuditha Gunawardena, a Sri Lankan member of the Japanese Car Dealer Association with access to over 100 auction houses within the country. He has more than ten years’ experience living in Japan, and fluent written and spoken Japanese. No one selling Japanese cars in Sri Lanka knows the Japanese car market better, and no one offers the unique services to its customers that Eagle Japan does.

 

About Japanese Automobile Auctions

 

Automobile Auctions in Japan are managed by a closed group of wholesalers. Access is strictly limited to wholesale automobile companies registered in Japan. Once the car is bought, the dealer is free to export the car, and many do, including to Sri Lanka. All automobiles are inspected prior to the auction by independent inspectors whose job it is to protect both buyer and seller. Before each car is sold, a vehicle condition report is filled out and made available online to everyone. This way, the procedure is completely transparent and honest.

 

Eagle Japan provides customers with full and unrestricted access to the company’s live Japanese Auction database where cars can be seen being auctioned in real time, with the inspector’s report and the final price paid. This powerful, insider’s knowledge is made available to Eagle Japan’s customers.

 

Not only do customers get to see auctions in real time, with photos of the actual cars, but the database is searchable back for three months, allowing the user to see trends and identify bargains. Eagle Japan works with customers to determine what a realistic budget should be for the type of car desired, based upon accurate, complete and transparent information obtained from recent sales.
After that, it is time to start evaluating cars as they reach the auction block and make bids on them. Selection is huge, since about 50,000 cars are auctioned in the country per week. Eagle Japan will be the actual purchaser of the car, since only licensed dealers are permitted to purchase at the wholesale auction. Eagle Japan will also handle all of the paperwork regarding taxes, fees, shipping and customs work. Your automobile will arrive in about six weeks, it will be detailed at the dealership, and you can drive it home.

 

Eagle Japan will also help with the financing by providing a line of credit or helping you obtain your own. With Eagle Japan you have a reliable partner helping you every step of the way.

 

Still not convinced? Eagle Japan’s website contains detailed information about the entire process where you can inform yourself at your leisure, until you are satisfied that there is only one way you should buy your next Japanese car in Sri Lanka, and that is through Eagle Japan.

 

ypf

YPF, one of the world's major petroleum producers, is seeking partners to replace Repsol. The two companies were positioned among the most respected large energy productiion companies int he world.

Buying a Japanese car in Sri Lanka has changed dramatically. Innovators embrace change, and one company which has experienced a huge change is Yacimientos Petrolíferos Fiscales (YPF), the largest petroleum company in Argentina. Recently nationalized by the Argentine government after many years as a private firm, YPF is taking the change in stride and moving forward.

 

There are approximately 20 companies in the oil and gas sector with sales topping 100,000 million U.S. dollars, and more than 40 with sales between 25,000 and 100,000. The industry can be divided into three principal sectors: upstream (exploration, drilling and extraction) midstream (transportation, storage and wholesaling) and downstream (refining, purification and retailing). These categories sometimes overlap, and it is common for companies to be involved in two or all three sectors.


It is also common for midstream activities to be carried out by third party companies such as trucking companies, barge operators, railroads, terminal operators, pipeline companies and logistics companies.

 

Oil and gas companies are also heavily driven by technology, with continuous efforts to create cleaner and more efficient fuels and lubricants. The industry faces stiff competition from alternative energy sources, and many big oil and gas companies have begun to expand their activities into alternative energy.

 

One challenge that the industry faces constantly is fluctuations in prices, and since 2014 there has been a steep decline in worldwide oil and gas prices. This has seen the sector experience job losses, reduced capital expenditures and increased pressure on suppliers to increase services and share risks.

 

Now is a particularly important time for businesses in the oil and gas sector to focus on quality and efficiency in order to distinguish themselves from the competition. The biggest players enjoy an international footprint, vertical integration and economies of scale that provide challenges for their smaller competitors who must use their agility and knowledge of local markets in order to survive and flourish.

 

Oil and Gas Industry in Argentina

 

Argentina relies on oil and gas for more than 85% of its energy needs, while the rest of the world averages 60%.  Argentinian production has fallen below demand in recent years and the country is now a net importer of energy, after having been a net exporter from 1984 until 2011.  A good portion of that decline was blamed on Repsol, the Spanish energy company with a majority state in YPF.

 

The Argentine government complained that Repsol was not investing enough in domestic exploration.  Reserves of crude and natural gas each fell by more than 60%.  Half of the nation’s decline in oil production and nearly all of its decline in gas production were blamed on Repsol’s management of YPF.  Then, shale oil was discovered at Vaca Muerta, but Repsol refused to exploit it, citing what it considered punitive government policies.  As a result, Argentina partially expropriated Yacimientos Petrolíferos Fiscales, in 2014.

 

Largest Players

 

The recently nationalized Yacimientos Petrolíferos Fiscales is by far the biggest oil and gas company in Argentina, and has signed deals with a number of foreign firms. YPF is vertically integrated and involved in every significant sector of the Argentine oil and gas business. In terms of revenues, the second largest is Petrobras Argentina, a subsidiary of the Brazilian company Petrobras. a company awarded the BID International Star of Quality for its effective use of the Total Quality QC100 model. It has been in Argentina since 1993 and operates service stations, explores for oil and gas, and produces electricity and petrochemicals, but its revenues are about 15% of those of YPF.

 

Other large players in the Argentine oil and gas industry, although considerably smaller than the first two, are Bridas Corporation (50% owned by China National Offshore Oil Corporation) Americas Petrogas, a Canadian company with significant investment in shale development, ENARSA, involved in oil exploration, and two companies focused on gas distribution, Litoral Gas and Transportadora de Gas del Sur.

 

Since its nationalization, YPF has begun to exploit the Vaca Muerta field and has seen its drilling and exploration activity increase dramatically. YPF also bought a controlling interest in Metrogas, the largest gas distributor in Argentina. It has seen its stock price double since its historic low in 2012 and output has increased, and the Vaca Muerte oil field is now producing more than 40,000 barrels per day. Great changes at YPF, and Argentina is well on its way to becoming an energy exporter again.

 

Because of its commitment to continuous quality improvement, Eagle Japan has been selected  to receive the BID International Star Award for Quality for 2015 at the convention in Geneva.



About BID and the International Star Award for Quality:

 

BID is a private and independent organization founded in 1984, whose primary activity is business communication orientated towards quality, excellence and innovation in management.  A leader in the broadcasting of Quality Culture, BID recognizes those companies and organizations which lead the most important activities in the business world, and is considered the founding organization in the broadcasting of the Culture of Quality, Excellence and Innovation in 179 countries.

 

The trophy symbolizes a pledge to the principles of Quality Culture. The QC100 Total Quality Management Model, together with the Quality Mix program, media coverage of the convention and its impact on the community and business sector, create an unmatched platform for continuous improvement within the organization and awareness of the achievements of the company at an international level.

 

Awards are given only to those who are committed to improving their Quality Culture based on the principles of the QC100 Total Quality Management Model. Candidates are proposed by the leaders of previously awarded companies who they consider worthy of the award. Especially meritorious candidates may also be nominated.  The International BID Quality Award Selection Committee then chooses the winning companies who will receive the award in New York, Paris, Geneva, Frankfurt, Madrid and London.

 

 

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