Japanese carmakers set parts-buying record.

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Japanese automakers purchased a record $31.9 billion of US-made auto parts in fiscal year 1999 for use in Japan and the US-the 13th year in a row of increases, according to the Japan Automobile Manufacturers Association (JAMA).

"This represents a 13% increase over FY 1998. It also demonstrates the continuing internationalization of the auto industry as well as cooperation between Japanese manufacturers and US parts producers," says William C Duncan, general director, JAMA USA.

The parts are used for vehicle production in both the United States and Japan. "Auto parts sales to Japan's companies are also a result of more than 15 years of effort at the...

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