The head of the American Automobile Manufacturers Assn. (AAMA) says Japan "has not done enough" to implement the 1995 U.S.-Japan Auto Trade Agreement, while acknowledging that that country's shrinking economy makes it difficult to assess the impact of the agreement.
In the AAMA's latest Global Automotive Trade Report, President and CEO Andrew H. Card Jr. writes that ". . . promises of deregulation mostly have gone unfulfilled, and the government has done little to encourage more openness in the country's dealership system."
The July report also provides an update on negotiations to resolve the auto trade dispute between Korea and the U.S., as well as the signing of an international agreement that could lead to global vehicle regulatory standards.
AAMA is a trade association which members are Chrysler Corp., Ford Motor Co., and General Motors Corp.