WASHINGTON, DC, OCTOBER 15, 2013 – The Association of Global Automakers (Global Automakers) applauds Representatives Alan Nunnelee (R-MS), Pete Gallego (D-TX), and the additional Members of Congress for sending a letter to President Obama touting the substantial investment made by Japanese automakers in the U.S.
“These 79 Members of Congress recognize that American manufacturing, and specifically the U.S. auto industry, consists of a diverse set of companies that contribute to our quality of life,” said Michael J. Stanton, president and CEO of Global Automakers. “For 40 years international automakers have been making major investments in the U.S., and today have become a significant and integral part of the U.S. economy.”
Representing 13 international motor vehicle manufacturers in the U.S., Global Automakers released economic impact data of its members’ investments earlier this year.
Highlights of the 2012 data include:
- $46 billion invested into U.S. operations
- 25 manufacturing plants built vehicles, engines, transmissions, and other parts and components
- 62 percent of the vehicles sold in the U.S. were manufactured in the U.S.*
- $65 billion in parts and materials were purchased from U.S. suppliers
- 90,000 Americans were directly employed with a total payroll of $6.2 billion
- 350,000 automobiles were exported from the U.S. to 40 different countries around the world
“The letter is timely as the Obama Administration moves forward with negotiations to expand trade between the U.S. and other countries through the Trans-Pacific Partnership and Transatlantic Trade and Investment Partnership negotiations,” said Stanton. “Free trade and open investment strategies only help move our economy and the auto industry forward.”
You can learn more about the history of Global Automakers members in the U.S. by clicking here.
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.
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