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Fender mirror of Toyota Celsior (UCF20 JDM) The term "Japanese domestic market" ("JDM") refers to Japan's home market for vehicles and vehicle parts. [1] Japanese owners contend with a strict motor vehicle inspection and grey markets. JDM is also incorrectly used as a term colloquially to refer to cars produced in Japan but sold in other countries.
The brand was created around the same time as Japanese rivals Nissan and Toyota developed their respective Infiniti and Lexus premium brands. The Japanese government imposed voluntary export restraints for the U.S. market, so it was more profitable for Japanese automakers to export more expensive cars to the U.S.
[20] [22] Toyota also signs up 45 dealers to sell cars in its initial year, growing to 70 dealers by 1960 and 90 by 1962. [22] In the effort to obtain certification from the California Highway Patrol for the sale of the Crown in California, Toyota shipped the cars without headlights and installed General Electric sourced sealed beam units upon ...
Renault initially acquired a 36.8 percent stake in Nissan for $3.5 billion pending court approval and Nissan permanently vowed to buy into Renault when it was financially able. In 2001, after the company's turnaround from near-bankruptcy, Nissan acquired a 15 percent share of Renault, which in turn increased its stake in Nissan to 43.4 percent ...
The marque launched with two models, the Q45, and the M30 that were previously sold at Japanese Nissan Store dealership networks. The Q45 was based on the all new second generation JDM Nissan President on a five millimeter shorter wheelbase platform at 2,875 mm (113.2 in). Starting with model year 1992, the wheelbase matched the President's ...
CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City, opening its first location in September 1993 in Richmond, Virginia.
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