The Japan-United States
Autos and Auto Parts Consultations

Steadfast implementation of the Measures and increased foreign access to the Japanese autos and auto parts market

Q.

What about auto parts? I heard that it is another troublesome issue that American manufacturers are facing.

A.

U.S. auto parts export to Japan is also expanding. In Japanese FY1994(April, 1994 through March, 1995), the imports of U.S.-made auto parts by Japanese vehicle manufacturers reached US$3.2 billion, growing to 1.7 times the FY1991(April, 1991 through March, 1992) level of US$2 billion. During the first half of Japanese FY1995 (April, 1995 through September, 1995), Japanese automobile manufacturers increased their imports of U.S.-made auto parts by 10% over the same period of the previous year. The amount of imports could rise, if U.S. parts manufacturers make further efforts to sell their competitive products.