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.

Japanese automakers in the United States contribute only to the Japanese economy after all, don't they?

A.

On contrally, they benefit the U.S. economy a great deal. Japanese automakers in the United States are employing a significant number of U.S. workers, and are substantially contributing to the export of U.S. automobiles. After the conclusion of the Japan-United States Autos and Auto Parts Consultations in June 1995, Japanese automobile manufacturers in the United States, Toyota and Nissan, announced plans to construct new factories in the United States. This investment would further create many new jobs and should contribute greatly to the U.S. economy. In addition, exports of automobile produced by Japan's U.S.-based automakers contribute to the U.S. exports. Their exports exceed the total number of cars exported by the Big Three to abroad except the units to Canada.