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Investing.com -- The Japanese government plans to utilize local automakers’ dealership networks to sell American-made vehicles in Japan, according to a Kyodo report citing an unnamed source.
This initiative forms part of a trade agreement reached between Japan and the United States. The report indicates that Japanese authorities will leverage existing dealership infrastructure operated by domestic car manufacturers to increase the presence of US vehicles in the Japanese market.
Additionally, the Japanese government intends to encourage its domestic automakers to export vehicles manufactured at their US facilities back to Japan, potentially creating a two-way flow of automotive products between the countries.
The arrangement appears designed to address trade imbalances in the automotive sector between the two nations, though specific details about implementation timelines or which US brands might benefit from this arrangement were not disclosed.
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