WASHINGTON, DC, MARCH 4, 2014 –Global Automakers commends President Obama for including Trade Promotion Authority (TPA) in the Administration’s 2014 Trade Policy Agenda. TPA is a critical tool to help the United States achieve comprehensive and high standard outcomes in ongoing negotiations on the Trans-Pacific Partnership (TPP) and the Transatlantic Trade and Investment Partnership (TTIP) agreements.

Global Automakers, which represents 12 international motor vehicle manufacturers, supports the expansion of open trade and investment policies because they improve the competitiveness of the U.S. auto industry and increase consumer choice. Today, Global Automakers members manufacture in America over 60 percent of the vehicles they sell in the U.S.,* and export 350,000 U.S.-built vehicles annually to countries around the world.  You can learn more about Global Automakers member’s national and state-by-state economic impact in the U.S. by visiting our website at: http://www.globalautomakers.org/national-impact

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The Association of Global Automakers represents international motor vehicle manufacturers, original equipment suppliers, and other automotive-related trade associations. We work with industry leaders, legislators, and regulators to create the kind of public policy that improves vehicle safety, encourages technological innovation, and protects our planet. Our goal is to foster a competitive environment in which more vehicles are designed and built to enhance Americans’ quality of life. For more information, visit www.globalautomakers.org.

*Vehicles are manufactured in the United States using domestic and globally sourced parts.
Source: 2012 Economic Impact Survey of Global Automakers’ members, Automotive News, R.L. Polk, and Wards Auto.
 

FOR IMMEDIATE RELEASE
Contact: Annemarie Pender
202.650.5548 | apender@globalautomakers.org