Friday, May 25, 2012

Akio Toyoda becomes JAMA's new chairman



Tokyo,  - As the new Chairman of JAMA, Toyoda also criticized the government's policy plans to raise the sales tax which was considered as a "Moral Hazard" for the people of Japan. It also urged the government to restructure taxation, particularly in the automotive sector.


"Companies who work hard should get appreciation. Times are tough. We must dare to challenge and re-awaken the Japanese and smile at the (residents) of Japan," Toyoda said, quoted by Japan Today, at the weekend.


Explained, the Japanese have a complicated tax system, consumers weigh two or three times more than Britain and Germany. Even when compared to the United States, the tax burden that must be paid Japanese citizens reached 49 times greater.


Domestic production of Toyoda continued, production, technological innovation and supply of companies component shall remain in Japan. However, the
tax plan consumes increase, also a threat.

Until recently, the Japanese auto industry has provided more than 5 million jobs for its citizens, including factory workers, suppliers to the network marketing company. The whole podusen continue to boost the Japanese automaker had lost last year due to the earthquake and tsunami.


Production continue to improve for sales growth in China, India and Brazil. Based on data from JAMA, March (2012), car production in Japan raced twice, through the 980 000 units.


Japanese domestic market's also growing because of government incentives to extend the eco-friendly cars like hybrids and electric. However, if revoked, concerns re-emerged.




The new Chairperson of the Japanese Automotive Industry Association (JAMA), Akio Toyoda promised, to keep Japan as a base of production cars from the country. The goal, to maintain employment as well as accelerate the industry's recovery after being hit by the earthquake and tsunami last year.

"Companies who work hard should get appreciation. This is a difficult time. We must dare to challenge and re-awaken the Japanese and smile at the (residents) of Japan," said Toyoda


In the long term, principal automotive in Japan is also facing other threats, young people begin to lose interest in buying or driving a car. Throughout the year, total sales in Japan recorded 4.2 million units, down 15 percent from a year earlier. However, JAMA predicted that sales this year again touching 5 million units, up 19 percent.