debut: 11/30/17
11,631 runs
In reply to XFactor
before that it happened. The first great manufacturer of electronics and vehicles in the post war era was Japan. The US was concerned that the country would go communist as the years following the war were extremely difficult and it was already in the orbit of the USSR and China. As a result, either in 57 or 58, they started to give Japan a series of billion dollar small interest loans. That set the stage for the expansion of people like toyota and especially nissan. I wasn't around but i do know that in the 60s and early 70s, most of the cars in TT were either American or British. Cortinas and Escorts were very popular. Coming into the late 70s, datsuns and toyotas became very popular and later Nissans. And it wasn't only in cars. Japan's post war prosperity of the 60s, 70s and 80s was primarily based on consumer electronics. All those hi fi sets that were a right of passage for any young man back then, the vast majority of them came from japan: sansui, pioneer, hitatchi, technics....all japanese companies. In fact, after about ten years following 57/58, American manufacturers started to complain that they were getting stiff competition from japanese manufacturers. i think some protectionist policies were put in place but it didn't slow down he pace of japanese manufacturers
