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Moving Ahead

Localization: Purchases of U.S. Auto Parts Up 900%

The value of purchases of U.S.-made parts by Japanese automakers in fiscal 1997 (April 1997-March 1998) posted a year-on-year rise of 9.8% to hit $24.95 billion. This figure represents a ten-fold increase over their purchases of $2.49 billion eleven years ago in fiscal 1986.

Japanese Automakers' Surging Purchases of U.S.- Made Parts

Source: Japan Automobile Manufacturers Association, Inc.
Note: Data represents local procurement and import to Japan by 11 Japanese automakers.

 

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