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General Motors Company Message Board

  • jeyebolt2003 jeyebolt2003 May 15, 2014 8:49 PM Flag

    Todays History Lesson

    Like Paul Harvey would say now the Rest of the Story.
    1953: Imports account for nearly 60% of total registrations in
    Japan (By comparison, by 1960 import share dipped to1% and did
    not reach 2% until 1988 -- today it is about 5%).

    1954: Concerned about Japan's $260 million trade deficit, the
    Japanese Government puts strict controls on all imports

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    • I've read several of your posts you frequently indicate Japan as a problem. I suggest you look to the US government and the US consumer since the govt lets imports in and the people buy the vehicles. Unfair trade can be dealt with by the US govt yet they do nothing. Americans buy a lot of import cars so what does that tell you? They must like them else they wouldn't buy them. It doesn't matter what we post here for it has no effect upon the markets, just makes for arguments.

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