U.S. looks to open Japan car market, but Detroit faults dealer-based tack
Article Abstract:
US trade officials are negotiating an agreement which aims to get Japanese car dealerships to sell more American brands. However, only Ford Motor Co. is likely to take advantage if such an agreement is obtained. Chrysler Corp. and General Motors Corp. are not very enthusiastic about improving dealer access, saying that the main obstacle in the Japanese is the extremely high operations costs. European automakers also take a critical view of US policy since they believe that many of the market-access barriers in Japan have long been eliminated.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Japan unfazed in car talks despite currency pressure
Article Abstract:
The Japanese government continues to hold a hard-line stance on automobile trade negotiations with the US, regardless of the possible negative impact of the rising Japanese yen on their auto exports. Japanese negotiators note that the hardships posed by the high yen only makes it difficult for the automobile industry to give in to US demands for increased purchases of spare parts. Meanwhile, the US is already forming a list of Japanese exports that will be subjected to punitive tariffs if the Japanese fail to give in to US demands.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Japan's auto industry seen falling short of U.S. goals
Article Abstract:
Statistics released recently by Japanese automakers indicate that they will not be able to reach the $4 billion target for automotive parts purchases from the US. Japanese automakers had earlier agreed with the Bush administration to increase purchases from US parts manufacturers. Many observers believe that the shortfall will contribute to the already-tense situation surrounding US-Japanese trade deficit negotiations.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1995
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Comment about this article or add new information about this topic:
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