Statement by John Bozzella, Global Automakers President and CEO
“Senators who voted for Trade Promotion Authority (TPA) legislation today deserve credit and thanks for their role in advancing opportunities for American economic growth. Open trade and investment policies have been essential to the success of international automakers, who are driving the growth of the U.S. auto industry.
“International automakers now account for 46 percent of total U.S. production - creating products here for sale locally and around the world. Tools like TPA are vital for the U.S. to continue on a path toward sustained growth and competitiveness.
“We urge the House to act quickly in support of similar legislation.”
The Association of Global Automakers represents international motor vehicle manufacturers, original equipment suppliers, and other automotive-related trade associations. Our members include American Honda Motor Co., Aston Martin Lagonda of North America, Inc., Ferrari North America, Inc., Hyundai Motor America, Isuzu Motors America, Inc., Kia Motors America, Inc., Maserati North America, Inc., McLaren Automotive Ltd., Nissan North America, Inc., Subaru of America, Inc., Suzuki Motor of America, Inc., and Toyota Motor North America, Inc.