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AIAG is a global organization, though its founding members are all American. AIAG is also a member of the Joint Automotive Industry Forum (JAIF). [40] Other JAIF members include Europe's Odette International Ltd., [41] the Japan Automobile Manufacturers Association and the Japan Auto Parts Industries Association. [42]
Japanese automakers Toyota, Nissan and Honda, among many others, have long been considered the leaders in the segment of small fuel-efficient cars. [9] A major contributing factor to their success was when their vehicles benefitted from the 1973 oil crisis which at the time drastically changed market situations and had a major impact on the automotive industry.
The first Japanese car to be sold in the United States was the 1958 Toyopet Crown, a Toyota model that was popular in its home country but not well received in America. As Toyota magazine reported,...
The American government subsequently began acting to protect the domestic automobile industry and in May 1981, President Ronald Reagan got the Japanese government to agree to a voluntary export restraint of 1.68 million vehicles a year to the United States. With the restriction in place, the major Japanese automakers adjusted their business ...
Shares of Nissan Motor, Japan's third-largest automaker, erased much of the morning's gains and were flat at 423.9 yen, having risen as high as 437.8 yen in the morning session.
In 1989, the Honda Accord nudged past the Ford Taurus to become the bestselling car in the U.S. — a first for a Japanese automaker. The Accord would remain the top-selling car in American until ...
Japan Automobile Manufacturers Association (一般社団法人 日本自動車工業会, Ippan Shadanhōjin Nihon Jidōsha Kōgyō-kai), or JAMA, is a trade association with its headquarters in Tokyo, Japan. It was founded in April 1967 and serves as a platform for the automakers of Japan to share technological developments and management ...
Japanese automakers Nissan Motor Corp. and Honda Motor Co. confirmed Wednesday that they are discussing closer collaboration but denied reports they have decided on a merger. Nissan’s share ...