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Japanese Automakers Purchase a Record-Setting $45.24 Billion U.S. Parts in JFY 2004, New Fact Sheet Reveals [July 25, 2005] For Release Contact: Charley Powers 202 452 1670 Washington, D.C.–July 25, 2005–The Japan Automobile Manufacturers Association (JAMA) announced that its members purchased a record-setting $45.24 billion in U.S. auto parts during the past fiscal year (April 2004 - March 2005), according to a new fact sheet released on JAMA's Web site, www.jama.org. These purchases represent a 9 percent increase over fiscal 2003 purchases and a more than 18-fold increase over the $2.49 billion in purchases in fiscal 1986. On releasing the fact sheet, JAMA USA General Director William C. Duncan said, "Today's announcement of parts purchases is another indication of the significant contribution that the Japanese automobile manufacturers have been making to the U.S. economy over the past two decades." The fact sheet, which JAMA provides annually, reports that in 2004 JAMA members:
Duncan added that these contributions go beyond the numbers to include the introduction of cutting edge production technology, research and development, product innovation, improved vehicle safety, environmental solutions, and new designs. JAMA member companies include Daihatsu Motor Co., Fuji Heavy Industries (Subaru), Hino Motors, Honda Motor Co., Isuzu Motors, Kawasaki Heavy Industries, Mazda Motor Corporation, Mitsubishi Motors Corporation, Mitsubishi Fuso Truck & Bus Corporation, Nissan Diesel Motor Co., Nissan Motor Co., Suzuki Motor Corporation, Toyota Motor Corporation, and Yamaha Motor Co. JAMA, located in Tokyo, has offices in Washington, D.C., Brussels, Beijing and Singapore. |
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