Washington, D.C.—November 18, 2003—Japan's automakers are meeting the challenge to build cars that are more fuel efficient, less polluting and safer for both occupants and pedestrians. The goal is to sustain economic growth, maintain personal mobility and still save energy and protect the environment, according to "Japan's Automobile Manufacturers: A New American Dynamic," a report released today by the Japan Automobile Manufacturers Association (JAMA).

"Japanese automakers continue to define the cutting edges in auto technologies. The Toyota Prius and Honda Insight are proof that hybrid gasoline-electric power is both practical and popular," said William C. Duncan General Director, JAMA USA.

JAMA member companies produce vehicles with anti-collision braking; low-emission, natural gas trucks; and sports cars with innovative engine technology.

The report provides data on a range of investments by Japanese manufacturers in the U.S. Nearly 400,000 Americans now design, build and sell Japanese branded vehicles in the U.S. In 2002, more than 2.6 million vehicles were produced in America.

Japanese automakers now supply 62% of their total U.S. sales from North American plants, reflecting more than a $22 billion cumulative investment in U.S. auto and auto parts manufacturing operations.

In addition, the auto companies purchased a record $37.34 billion of auto parts made in the U.S. This represents a 15-fold increase since 1986.

"JAMA companies make American cars with American workers in American communities. They are blazing technological frontiers, expanding choices and providing consumers increasing value for the money," added Duncan.

The JAMA publication also explores the continuing equity relationships with other global automakers including the Big Three American manufacturers.

The report is available on-line at http://jama.org/library/brochure_Nov2003.htm or by contacting the JAMA News Bureau at (202) 452-1670. JAMA, located in Tokyo, has offices in Washington, D.C., Beijing, Brussels and Singapore.