Oyocar Group Inc.
Oyocar Group Inc. is a Nevada-incorporated U.S. company focused on acquiring, refurbishing, and reselling used vehicles. It sources vehicles primarily in the United States and serves both domestic buyers and international customers, particularly in the Dominican Republic, while also handling shipping, customs clearance, and delivery logistics.
Fiscal year 2025 · change from previous year
Development 2023–2025
Business
Share of revenuePurchase and resale of used cars sourced mainly from the U.S. market.
Inspection, repair, and upgrade work performed before resale or export.
Shipping coordination, customs clearance, and delivery for overseas buyers.
Customers
The company sells to individual and commercial buyers in the United States who want used vehicles, as well as overseas customers who import vehicles from the U.S. Its disclosed international focus is the Dominican Republic, where buyers likely value access to U.S.-sourced vehicles and end-to-end export handling.
U.S. customers buying used vehicles for personal transportation and convenience.
Overseas customers, especially in the Dominican Republic, buying U.S.-sourced vehicles for import.
Buyers or agents that rely on the company for shipping, customs clearance, and delivery coordination.
Strategy
The company’s strategy is to combine vehicle sourcing, refurbishment, and export logistics into a single transaction flow. That model is designed to make used vehicles more saleable by delivering road-ready inventory and reducing friction for international buyers. Funding disclosures indicate a continuing need to support working capital as the business scales.
Higher inventory turnover is central to scaling a used-car trading model.
International sales depend on reliable shipping, customs, and delivery.
Inventory purchases and logistics require ongoing working capital.
Geography
Oyocar sources vehicles primarily from the United States, which is the core supply market for its inventory. Sales are directed to both U.S. customers and international buyers, with the Dominican Republic highlighted as a key overseas destination. Geography matters because the business depends on cross-border logistics, customs processes, and the availability of U.S. used vehicles for export.
Risks
The business is exposed to inventory, logistics, and cross-border execution risk because it depends on buying, refurbishing, and moving used vehicles efficiently. It also faces financing risk, since management discloses a going-concern uncertainty and reliance on additional capital to fund operations. Broader used-vehicle risks include sourcing availability, repair cost variability, shipping delays, and customs or regulatory issues in export markets.
The company states it will require additional capital to meet long-term operating requirements.
Used vehicles must be sourced, refurbished, and sold before value is tied up too long.
Exposure: Vehicle inventory and gross profit realization
Export sales depend on logistics, customs clearance, and regulatory compliance.
Exposure: Dominican Republic and other overseas deliveries
Vehicle condition determines the amount of work needed before resale.
Exposure: Per-unit margins and turnaround time
Accounting
Judgemental itemsRevenue is tied to when the vehicle is delivered and control transfers, not when cash is received.
Impact: Affects timing of reported sales and receivables
Used vehicles and repair costs must be assessed for realizable value.
Impact: Can affect gross profit through write-downs
Management and auditors disclose substantial doubt about continuation without new capital.
Impact: Signals uncertainty around asset realization and liability settlement
Funding has included loans from related parties and share subscriptions.
Impact: Affects liquidity, dilution, and balance-sheet presentation
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Last updated: 29/04/2026