The Japan Automobile Manufacturers Association (JAMA) and the Japan Motor Industrial Federation (JMIF) will merge by May 2002 to reduce costs for members, Kyodo News reported, quoting unidentified sources.

The decision, made at individual groups’ board meetings, would have to be approved at annual meetings scheduled for May, the sources added.

Toyota Motor chairman Hiroshi Okuda, also the chairman of the Japan Federation of Employers Association (Nikkeiren) and head of the two automotive groups, will announce the decision today, the sources said.

JAMA has 13 automobile and motorbike makers as members while the 120 JMIF members include vehicle and component makers. The JMIF also organises the annual Tokyo Motor Show.

Okuda has pushed for various vehicle industry groups to consolidate, the sources told Kyodo News.


To view related research reports, please follow the links below:-

Light vehicle niche markets 2000

Global Car Forecasts to 2005