Yomiuri: Toyota Chairman Willing to Import Cars Made in U.S. to Japan

Dow Jones
07/29
 

By Tadashi Isozumi

Yomiuri Shimbun Senior Writer

 

Toyota Motor Corp. Chairman Akio Toyoda said he is willing to import to Japan company vehicles manufactured in the United States, in the wake of a Japan-U.S. agreement in bilateral tariff negotiations.

"There are many car models that are not sold in Japan," Toyoda told reporters on Saturday in Hita, Oita Prefecture.

Although he refrained from naming specific models to be imported to Japan, Toyoda is believed to be considering the Camry sedan, which is no longer manufactured and sold in Japan, and pickup truck models among others.

As a result of the agreement, U.S.-made passenger cars whose safety is secured under Japanese standards can be imported without undergoing additional safety tests. Toyoda's remark is based on this aspect of the deal.

If Toyota imports its own products manufactured in the United States to Japan, it is possible that the trade deficit of the United States will be reduced.

Because the range of choices will increase as a result of the tariff agreement that makes it easier to import U.S.-made cars, "It's good for consumers," Toyoda said.

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This article is from The Yomiuri Shimbun. Neither Dow Jones Newswires, MarketWatch, Barron's nor The Wall Street Journal were involved in the creation of this content.

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(END) Dow Jones Newswires

July 28, 2025 20:19 ET (00:19 GMT)

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