30% of Japanese vehicles sold in the U.S. are imported from Japan
- With the constant increase in sales of Japanese carmakers in the U.S. over the past twenty years, the production of the latter is more and more located on American soil. And the majority of Japanese models sold in the U.S. are manufactured locally, such as the Toyota Camry and Corolla, the Civic or Honda Accord and the Nissan Altima.
- However, the share of imports from Japan has remained more or less stable with 5.6 million vehicles (PC + LCV) sold in the U.S. in 2012, 30% were imported from Japan (1.7 million units).
- This consistency is due to new production capacities introduced on a regular basis by the Japanese, but who do not follow the growing demand of the U.S. market.
- The exchange rate between the dollar and the yen (detrimental to the Japanese currency) forces the Japanese to accelerate the decrease in exports from Japan, and to increase their production capacity in the NAFTA region (USA-Canada-Mexico) .
- The task will last a long time, the NAFTA region being by far the largest export area of Japan (39% of total exports), followed by Europe (18% of exports) and Asia (12% of exports).
Data source: File #55 - Registrations in the World by makes
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