In 2023, the value of auto parts imported to Japan amounted to over 1.2 trillion Japanese yen, reaching its highest value during the past decade. The value of car part imports was considerably lower than the value of car part exports from Japan. ...
"This ability to manufacture a range of products from low-value consumer goods to high-tech innovative products provides resilience for China's exports, and continuing upgrades to manufacturing capabilities, R&D investment and emphasis on ...
US-Japan Auto Talks May Yield Little Lower-Cost Markets in Southeast Asia Could Be BeneficiaryTHE auto talks between the United States and Japan have sounded thunder and fury recently. But what happens if Japan gives in to US demands to buy more US cars and car parts?Edith Terry, Monitor...
Almost three-quarters of respondents expect EVs to reach cost parity with combustion vehicles by 2030. According to the survey, industry executives believe EVs will account for 52 percent of sales by 2030 in China, the United States and Japan, with lower percentages for W...
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If inflation stays under control, the Federal Reserve will start cutting the interest rates, which would have the effect of the cost of car loans falling too. How many cars have financing in the United States? Car financing exists because not everyone who wants or needs a car can purchase ...
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As China exported 4.91 million vehicles in 2023, up almost 58 percent year-on-year, Xin said the country is expected to emerge as the world's top auto exporter in 2023 for the first time. That would put China ahead of Japan, which exported 3.5 million passenger cars in the first 11 mo...