US carmakers look to Asia

Article Abstract:

US automakers are renewing efforts to secure a foothold in Asia, which is projected to be the fastest-rising global marketplace in the next five years. General Motors made a move to purchase a 20% interest in Fuji Heavy Industries of Japan, manufacturer of Subaru vehicles. Alliances similar to that of General Motors and Fuji offer mutual advantages as US automakers gain access to needed technology or to desired Asian-Pacific markets. Meanwhile, Asian automakers secure deals that reduce the costs of research and development.

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Japan's automakers growing in USA

Article Abstract:

Two Japanese car manufacturers are increasing their activities in the US. Toyota Motor Corp plans to build a plant near Princeton, IN. The plant, which the company will be spending $800 million, will almost double its production capacity in the country. Meanwhile, General Motors Corp (GM) and Honda Motor Company Ltd are working out details for using Honda V-6 Ultra-Low-Emission Vehicle engines and transmissions on future GM cars.

Honda Motor Company Ltd., Toyota Motor Corp.

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