Our friends at Autoblog are reporting that production and investment by Japanese companies at U.S. production plants is likely to increase for the coming year, reporting that 70 percent of the Japanese vehicles sold in the U.S. are built in the U.S.
According to TheDetroitBureau.com, more than 400,000 jobs have been created by Japanese automakers since Honda opened its first facility in the U.S. in 1982. Honda, Toyota and Nissan had a total of 29 plants operating in the U.S. in 2010 with a combined investment of $34 billion. And with existing currency issue problems in Japan, those numbers are likely to increase in the coming years.
New plants are likely to open in the U.S., Mexico and Canada in the coming year, and even more vehicles are likely to be exported abroad that are produced in the U.S.