As the nation begins to recover from the recession brought on by the global pandemic, Japanese automakers are making significant contributions that will help drive U.S. growth in critical areas of the economy, such as manufacturing and high-tech research and development (R&D). These companies have a long track record of making such investments, as evidenced by their role in helping to fuel the U.S. recovery from the 2008 global financial crisis, thereby contributing to an unprecedented wave of economic growth. Since Toyota opened its first dealership in Hollywood, California in 1958, Japanese automakers have steadily invested in every aspect of the automotive ecosystem, including sales, distribution, engineering, design, testing, and manufacturing facilities. By growing their investment and expanding their operations in all of these areas, Japanese automakers have become a critical and integral part of the U.S. auto industry and the economy as a whole.
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