---

Japanese Automakers' Purchases of U.S. Auto Parts Reach New High

13 July 2000

Purchases Hit $31.9 Billion

    WASHINGTON - Japanese automakers purchased a record $31.9 billion of U.S. 
made auto parts in fiscal year 1999 for use in Japan and the U.S., the 13th 
year in a row of increases, according to the Japan Automobile Manufacturers 
Association (JAMA).

    "This represents a 13 percent increase over FY 1998. It also demonstrates
the continuing internationalization of the auto industry as well as
cooperation between Japanese manufacturers and U.S. parts producers," said
William C. Duncan, General Director, JAMA USA.

    The parts are used for vehicle production in both the United States and
Japan. "Auto parts sales to Japan's companies are also a result of more than
fifteen years of effort at the company-to-company, manufacturer-to-supplier
level," Duncan added.

    Japanese automakers currently report purchases of $3.78 billion of parts
and materials from the U.S. for use in Japan. "These figures show
opportunities exist in Japan and around the world for U.S. parts makers who
meet Japanese automakers' requirements. These parts purchases represent a
mutual effort by Japanese vehicle manufacturers and U.S. parts suppliers," he
concluded.

    Japan's fiscal year runs from April 1 to March 31.