Statement by John Bozzella, Global Automakers President and CEO
“The Association of Global Automakers welcomes President Obama’s continued focus on a strong trade policy agenda and the future of U.S. manufacturing in last night’s State of the Union address. We agree with the President that increased investment in these areas will result in greater competition, more jobs, and a stronger national economy.
“In 2015, the auto industry had its best year ever. Vehicle sales reached nearly 17.5 million. The related surge in manufacturing and jobs allowed our members to employ over 97,000 at 27 manufacturing facilities across the U.S. They continue to expand and invest locally, from research and development and manufacturing to marketing, sales and finance operations.
“However, consumer demand is not local. Our members exported nearly 500,000 U.S.-made vehicles1 to more than 60 countries last year. As the global nature of the marketplace continues to evolve and expand, we need sound trade policies in place.
"We support the President's call for additional progress on his free trade policy agenda. The passage of Trade Promotion Authority (TPA) and negotiation of a Trans-Pacific Partnership (TPP) agreement in 2015 were encouraging actions. Additional opportunities for trade agreements that reduce trade barriers and open up new markets will continue to propel our economy's forward momentum, benefitting American consumers and businesses.
“We look forward to another strong year for the industry and the U.S. economy."
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.
1Vehicles are made, built, or manufactured in the United States using domestic and globally sourced parts.