TARIFFS MAKE U.S. AUTO INDUSTRY LESS COMPETITIVE

Washington, DC, March 08, 2018 -- Statement by John Bozzella, President and CEO, Global Automakers on behalf of Here for America

"A tariff is a tax that will result in higher prices that consumers will ultimately bear.  Exemptions will not address the fundamental problems tariffs will create for U.S. car and truck manufacturing. Increased costs will make our industry less competitive and harm American workers, consumers, and our economy.” 

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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, the most vibrant and competitive auto market in the world. 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.

Attachment:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/8e5111b8-1061-4913-a50e-b6a2211309be

Annemarie Pender
Here For America
[email protected]