What Prompted Japanese Automakers to Export US Vehicles to Japan? [Yahoo! Finance]
Toyota Motor Corporation (TM)
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Source: Yahoo! Finance
HMC by exporting vehicles made in the United States to Japan to take advantage of revised import rules introduced under a trade agreement reached last year with the Trump administration, per CNBC. The company announced that it will begin shipping the midsize Nissan Murano, manufactured in Smyrna, TN, to Japan starting early next year. Per the company's spokesperson, this will be the first U.S.-built Nissan model sold in Japan since the 1990s. Per CEO Ivan Espinosa, the move is intended to broaden Nissan's domestic lineup and better cater to a wider range of customer preferences. Other Japanese automakers took similar steps after regulatory changes made it easier to import U.S.-built vehicles into Japan. These changes were part of a broader trade deal that also relaxed U.S. tariffs introduced by President Donald Trump. Beginning this year, Toyota plans to export models, such as the Toyota Camry, Toyota Highlander and Toyota Tundra from the United States. Honda is also preparing to
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