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Automotive dictionary (encyklopedia)

Dictionary of terms and abbreviations for cars (automobiles), motorcycles (bikes),
bicycles, boats, engines, machines, machining and car fixing.

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Keiretsu

A Japanese word referring to the large groups of companies that are a characteristic feature of the Japanese economy, especially in the auto industry. Keiretsu companies do business first and foremost among themselves; tight supplier-buyer relationships within the keiretsu system are a barrier to the penetration of foreign goods in Japan because, everything else being equal, keiretsu members prefer to buy from other keiretsu members; the keiretsu system is a controversial issue in US-Japanese trade relations.
See also horizontal keiretsu, vertical keiretsu
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10 Great Tips How To Save On Car Insurance

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