Japanese automakers are among the most significant contributors to the nation’s manufacturing sector and to the U.S. economy. In recent years, the continued growth and economic importance of Japanese automakers have shown they are not just a vital part of the development of the “new” U.S. automobile industry, but they have also become critical contributors to the United States’ overall economy.
Continue readingJapanese-brand automakers have continued to nurture this relationship by investing in local communities, leading with an innovative mindset, and bolstering U.S. competitiveness with their contributions to the U.S. economy and automotive industry.
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The Japan Automobile Manufacturers Association U.S. office (JAMA USA) has released its annual contributions update which shows that Japanese-brand automakers have continued to invest in American manufacturing and have cumulatively invested over $60.4 billion since first starting production in 1982. In addition to JAMA’s annual contributions data, Dr. Prusa’s employment study shows that in 2022 Japanese-brand automakers now support more than 2.29 million U.S. jobs.
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Updated employment study conducted by Rutgers professor Thomas Prusa shows that Japanese-branded automotive companies support more than 2.2 million U.S. jobs.
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A sample of Japanese-brand automakers’ workforce development initiatives in the United States.
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