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Japanese Auto Company Investment Grows to $20 Billion in America; Advanced Technologies and Environmental Innovation Top Priorities [October 17, 2002] For Release Contact: Charles Powers 202 452 1670 Washington, D.C.—October 17th—Japanese auto manufacturers have invested in three large new vehicle and engine manufacturing plants in the U.S. despite a lingering recession in Japan and economic uncertainties in the U.S., according to "Japan's Automobile Manufacturers: Global Companies Meeting New Challenges with Advanced Technologies," a report released today by the Japan Automobile Manufacturers Association (JAMA). "Nearly $20 billion have been invested in U.S. plants over the past 22 years. These plants produce 2.4 million vehicles and 2.2 million engines annually. JAMA members' U.S. plants account for 12.4 percent of U.S. vehicle exports. Overall, Japanese automakers and their dealers employ more than 360,000 people in this country," said William C. Duncan, General Director, JAMA USA. JAMA member companies have put a high priority on developing advanced technology and environmentally friendly vehicles. The report illustrates this priority with photos and information. Included are:
The report highlights other statistics:
The report is available on-line at www.jama.org or by contacting the JAMA News Bureau at (202) 452-1670. |
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