●Conclusion
The Japanese automobile industries have developed in the hands of America in the post- war period. The international issues, such as a dollar shock, were helpful to increase the domestic production and export. Because of the increase, the Japan-U.S. trade friction happened. However, Japan broke the trade friction down with the VER, which led to the development of MNCs. The Japanese automobile companies as MNCs have contributed to investment, employment, export, and industrial activation in fields. To avoid new trade conflicts, it is important for the Japanese automobile industry to localize. Promotion of FTA is also important, which will have an influence on a new era of the Japanese automobile industry.