• Short Summary

    A big exhibition of foreign cars was opened in the Japanese capital of Tokyo on Thursday (6 April).

  • Description

    A big exhibition of foreign cars was opened in the Japanese capital of Tokyo on Thursday (6 April). Duty on imported cars was recently lifted in Japan, so foreign companies expect to sell a greater number of vehicles to the Japanese this year.

    SYNOPSIS: Hoping for their share will be the British, who have often complained of too many Japanese goods being exported to their country.

    The famous Mercedes Benz is one of the 28 vehicles that the West Germans have brought to the display in an effort to entice increased Japanese custom.

    But the Americans have fielded the biggest number of cars -- 53, followed by the British who have brought 29 vehicles to the show.

    The 1978 Imported Car Show, or "Big Parade," as it has been called, will run for five days. It is being held at the Harumi International Fair Ground in Tokyo.

    Italian sports cars like Lamborghini and Maserati were a big attraction.

    And so was the world's most prestigious car -- the Rolls Royce.

    The show, in which France and Sweden also took part, was partly sponsored by the Japan Automobile Importers Association.

    It was backed by the Ministries of International Trade and Industry, Transportation and Foreign Affairs. The Japan External Trade Organisation, the Japan Automobile Manufacturers Association and the Japan Federation of Importers Organisations were among others who also supported the show.

    While sales of imported cars are expected to increase in view of the lifting of import duty, Japanese vehicle exports could taper off later this year, according to experts. Japan's largest car maker -- Toyota -- has predicted that export of Japanese cars will drop because of increased prices following the Yen's steep appreciation against the U.S. dollar.

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    Reuters - Including Visnews
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