WASHINGTON, Jan. 27, 2015 /PRNewswire-USNewswire/ -- "Global Automakers welcomed today's House and Senate hearings to discuss President Obama's trade agenda. We support U.S. Trade Representative Michael Froman's continued commitment to a trade policy that includes Trade Promotion Authority (TPA).
"Froman outlined how trade agreements support American jobs and Made in America exports. We agree. For the past 30 years, the United States has become an important hub for manufacturing and now exporting nearly 450,000 motor vehicles around the world. Our members have invested $47 billion in U.S. facilities – including design, R&D, manufacturing, sales and finance operations. Today, they employ over 92,000 Americans.
"For any country, success in today's global economy requires an open market strategy. Continued support for TPA will encourage future investments in the U.S. auto industry resulting in increased competitiveness, additional job opportunities and many benefits to American consumers and businesses."
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
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.
Contact: Annemarie Pender
202.650.5548 | [email protected]
SOURCE Global Automakers