NEW REPORT DETAILS INTERNATIONAL AUTOMAKERS’ POSITIVE IMPACT ON AMERICAN ECONOMY
PR Newswire, WASHINGTON, D.C., MAY 11, 2016
The Here For America initiative today released International Automakers in America: Building More Than Cars, a report detailing the significant effect international automakers and dealers have on the U.S. economy. The report shows the $73 billion cumulative investment in American jobs and manufacturing.
“The United States today is a great place to build and export cars,” said John Bozzella, president and CEO of Global Automakers and spokesman for Here For America. “International automakers accounted for nearly half of all U.S. auto production last year and exported over 750,000 of these vehicles to countries around the world.”
International Automakers in America was released at the 10th annual American International Automobile Dealers (AIADA) auto industry summit. Highlights from the 2016 report include the nearly 700,000 direct jobs generated by international automakers and dealers and the record 8.3 million vehicles sold in the U.S. last year.
Cody Lusk, president of AIADA, said, “International nameplate automotive dealers are the bedrock of their local communities. With a strong demand for high-quality products and services, these dealers sold nearly 60 percent of all vehicles purchased in the U.S. last year and employ a half million Americans.”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. To follow along, visit www.hereforamerica.com and follow Here For America on Twitter and Facebook.
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Vehicles are made, built, or manufactured in the United States using domestic and globally sourced parts.
Media Contacts:
Annemarie Pender
Association of Global Automakers, Inc.
202-650-5548
Emily Lambe
Association of Global Automakers, Inc.
202-650-5546