2005: The Motor Industry of Japan is now available for download in Adobe Acrobat PDF format. The Japan Automobile Manufacturers Association (JAMA) announced that its members purchased a record-setting $45.24 billion in U.S. auto parts during the past fiscal year (April 2004 - March 2005), according to a new fact sheet released on JAMA's Web site.
	The Twenty Fifth Anniversary of the Askew/Yasukawa Agreement William C. Duncan, General Director, JAMA USA In May 1980 the Japanese Government promised in the Askew/Yasukawa Agreement to encourage Japanese automakers to invest in the U.S. and to purchase U.S. built auto parts. At that time, virtually all Japanese vehicles sold in America were built in Japan with Japanese made parts. Twenty five years later, Japanese automakers have invested $28 billion building 12 assembly plants and 13 parts plants in the U.S. Today 67 percent of Japanese vehicles sold in America are produced in North America, mostly in the U.S. and largely with U.S. produced parts. In 2004 JAMA members purchased $45.24 billion of U.S. parts.

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