The Archive · 1940

Manchoukuo Car Industry Booms

Owing Shortage in Japan; Difficulties of Getting More Supplies from Abroad

Tokyo, Mar, 31. The increasing difficulty of securing disguise for the Mar, choukuo automobile industry, according to the "Asahi," for it will give the needed stimulus to bring the country's in-Gustrialization plans from the stage of blue-prints and experiments to that of economic reality, The progress will be the easier as a large organization has already been set up for the manufacture of automobiles, This had few results to show vast expanses of land to be covered, the pioneer character of economic enterprise there, and, last but not least, for their role in the defence of the country, which faces the highly motorized forces of the Soviet Union.

Negotiations are now said to be under way between officials of Japan and Manchoukuo on plans to increase automobile production The main need is to have more of the available raw materials assigned to the automobile industry of Manchoukuo. The principle on which thes talks are is regional self-sufficiency. I That is, automobiles to be used in Manchoukuo should be made there while automobiles for use in Japan should be produced in that country. Manchoukuo, it is held, should be defendant on auto and spare parts imports from either non-yen-block or yen-block countries, Moreover, authoritative quarters hope to launch this industry without foreign capital.—Havas, Japanese Company to

Text read from the printed page and cleaned; old type leaves the occasional error.

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