Toyota tries to boost local sales of 2 U.S.-made models

Article Abstract:

The Toyota Motor Corp. of Japan is attempting to increase sales of the US-manufactured Cavalier and Avalon automobiles to bring down the country's auto-trade surplus. While both cars are built in the US, the Cavalier is manufactured by General Motors Corp. and is sold under the Toyota name in Japan. The Avalon sedans are manufactured in the firm's assembly plant in Kentucky. The sales quotas of both automobiles have not been met due to an increase in consumption taxes and the regional currency crisis which has decreased consumer demand.

Management, Automobile industry, General Motors Corp., GM, Market share, Balance of trade, Toyota Motor Corp.

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Good riddance to protectionism and managed trade

Article Abstract:

The 1995 United States-Japan Automotive Agreement, a managed trade pact that aimed to force sales quotas on Japan's auto-parts and auto markets, expired on December 31, 2000. The reasons why it failed, including Japan's sluggish economy, are discussed.

United States, Japan, Administration of General Economic Programs, International economic relations, Bilateral Trade Negotiations, International trade, Column, Transportation equipment industry, Japanese foreign relations, United States foreign relations, Trade negotiations

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