hereforamerica
Automakers React to USMCA Signing
Here for America
An integrated North American automotive market has been key to the success of production in the UnitedStates. We hope the U.S.-Mexico-Canada Agreement (USMCA) will support a vibrant future auto market, but the implications of additional costs associated with the complexity and rigidity of the new automotive rules are not yet clear.
1
×
Automakers React to USMCA Signing

FOR IMMEDIATE RELEASE

Contact: Annemarie Pender
202-650-5548 | apender@globalautomakers.org

Automakers React to USMCA Signing

WASHINGTON, D.C., November 30, 2018  –  Statement by John Bozzella, President and CEO of Global Automakers and Spokesperson for Here For America:

“An integrated North American automotive market has been key to the success of production in the United States.  We hope the U.S.-Mexico-Canada Agreement (USMCA) will support a vibrant future auto market, but the implications of additional costs associated with the complexity and rigidity of the new automotive rules are not yet clear.

“At a time when steel and aluminum tariffs have substantially increased auto manufacturing costs in the United States, it is unfathomable that this important issue has not been resolved in the context of these negotiations.  Any additional tariffs on autos and auto parts as a result of the 232 investigation currently underway will multiply the harm to the industry.”

###

Here For America tells the story of international automakers and dealers, their ever-growing impact on the U.S. economy, and the benefits they provide to local communities. The contributions of international automakers and dealers are integral to the success of today’s U.S. auto industry, directly employing 1.29 million Americans in the auto industry and an additional 7 million indirect workers. Here for America is an initiative of the Association of Global Automakers to increase public education about the importance of international automakers to American job creation, economic growth, technological innovation and strong communities. Visit www.hereforamerica.com and follow Here For America on Twitter and Facebook.