Japanese-brand automakers have long recognized the enormous value of a highly skilled workforce that can adapt and grow in this constantly changing industry. As the need for talent has increased over the years, and the industry continues to face workforce availability challenges, Japanese-brand automakers are deepening their commitment to develop talent throughout the workforce pipeline.
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JAMA member companies’ long and deep engagement in the U.S. market, workforce, and communities strengthen the foundation of U.S. and Japan’s economic partnership and by doing so also allows the overall relationship between these two great nations to endure and flourish.
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As the manufacturing sector continues to drive the U.S. economy, Japanese-brand automaker investments are a vital part of that story through job creation, vehicle production, and overall cumulative investment.
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Even as technology advances, and things become increasingly complex, it’s still the people that make it all work.
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On January 18, the Japan Automobile Manufacturers Association (JAMA) submitted comments to the Department of the Treasury (Treasury Department) and the Internal Revenue Service (IRS) in response to the December 4, 2023, notice of proposed rulemaking (NPRM) regarding Section 30D Excluded Entities. Below is a summary of those comments.
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