The
Japanese Automobile Industry has grown constantly over a long time and has finally overtaken the U.S. Automobile Industry as the number one producer of automobiles in the world. The Major manufacturers of automobiles in Japan – Toyota, Honda, Nissan, Suzuki, and Mazda are also amongst the largest manufacturers of automobiles in the world.
Overcoming the ill effects of the defeat in the Second World War that had destroyed the national economy, was not an easy process on the part of the Japanese industries. The car manufacturers belonging to the Japanese Automobile Industry were commissioned to supply army trucks to South Korea by the Federal Government of the U.S. during the Korean War between 1950 and 1953. This was the main reason behind the upswing of the Japanese Automobile Industry that began in the 1960s.
The products of the
Japanese Automobile Industry, that is, the Japanese automobiles, are of a superior grade and last for longer periods, in addition to being fuel efficient. The Japaneses cars are primarily priced at affordable rates which are comparatively much lower than the automobiles produced by their foreign competitors especially those based in the U.S. and Western Europe.
The
Japanese Automobile Industry has grown in the domestic automobile markets as well as in the car markets around the globe mainly due to the production of “kei cars” os smaller sized cars that not only turned cars more affordable but also reduced the payment made towards taxes, that had to be paid by the owners of larger cars.
Toyota has recently overtaken General Motors of the U.S. as the leading producer as well as seller of automobiles in the world. The Toyota Motor Corporation is therefore the best bet of the Japanese Automobile Industry. And Honda has overtaken Nissan to become the second largest producer of automobiles of the Japanese Automobile Industry.