Category: Media Center

Japanese Automakers Boost U.S. Investment and Reach Record-High Employment

Today, the Japan Automobile Manufacturers Association (JAMA) USA office released new 2014 data showing a significant increase in Japanese automakers’ economic contributions to the United States. The 2014 data highlights record-high employment and growing investment by Japanese automobile companies in America.

Consumer Reports: What makes a car ‘American’?

In 2012, Japanese-brand car-production facilities and their suppliers generated almost 700,000 manufacturing and other jobs in America, according to a report by Rutgers University economics professor Thomas J. Prusa, Ph.D. Including dealer networks, Japanese-brand companies accounted for an estimated 1.3 million American jobs.

JAMA: JAMA Chairman attends the Japan-U.S Economic Forum as a panelist in Los Angeles

On May 1st in Los Angeles, CA, Mr. Fumihiko Ike, Chairman of JAMA and Chairman and Representative Director of Honda Motor Co., Ltd., attended the Japan-U.S. Economic Forum as a panelist. The forum was organized by the Japan External Trade Organization (JETRO).

JAMA USA General Director from McClatchy: “Free trade benefits companies that are ready to compete”

Ron Bookbinder, general director of the association, said Japanese automakers were providing Americans with the vehicles they wanted but that U.S. automakers were not giving Japanese consumers the tiny cars they desired.

JAMA USA General Director from Forbes: “Each country is entitled to its own fuel economy, emissions and safety standards”

Bookbinder said the regulations that Levin and others refer to as non-tariff barriers had legitimate purposes and were not intended to discriminate against U.S. imports. “Each country is entitled to its own fuel economy, emissions and safety standards,” he said.