Category: Media Center

Forbes: Roger Penske Bets Big On ‘Closed Market’ Japan

Japan turns out to be a haven for imports, due to a zero percent import duty on cars, and due to the fact that up to 5,000 units per make, model and year can be brought in with the barest of paperwork.

Japanese-Brand Automakers Increase U.S. Economic Contributions to New Record Highs

JAMA’s Annual Contributions Report Demonstrates Japanese Automakers’ Strong Commitment to Investing in America

The Japan Automobile Manufacturers Association (JAMA) USA today released its 2015-2016 Annual Contributions Report, Investing in America, highlighting Japanese automakers’ growing investment in the U.S. economy, the American workforce, and technologies that appeal to American consumers.

Al.com: Japanese automakers’ jobs growing in the U.S., including Alabama

Ron Bookbinder, general director of JAMA USA, said the job growth is fueled by several factors. “I think it reflects the rebounding U.S. economy.” he said. “We’ve also seen low gas prices and low interest rates, along with the high quality of the vehicles we build in the U.S.

The Hill: Japanese automakers are leading US economy forward

In recent years, the continued growth and significance of Japanese automakers has shown they are not just a vital part of the development of the “new” U.S. automobile industry, but they have also become key contributors to the United States’ overall economic recovery.