International Automakers Now Account for 45% of U.S. Auto Production and 59% of U.S. Vehicle Sales

 International Automakers Now Account for 45% of U.S. Auto Production and 59%
                            of U.S. Vehicle Sales

New Report Highlights How International Automakers are Redefining the American
Auto Industry

PR Newswire

WASHINGTON, May 8, 2014

WASHINGTON, May 8, 2014 /PRNewswire/ -- The American International Automobile
Dealers Association (AIADA) together with the Association of Global Automakers
(Global Automakers) today released an economic impact report showcasing the
growing impact of the international automakers on the U.S. economy.

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The report, Redefining the American Auto Industry, was presented at the AIADA
Auto Summit in Washington, DC. With their increasing investment and
operations, international manufacturers and dealers are reshaping the global
auto industry and redefining the meaning of an American car.

According to the report, international automakers:

  oProduced^1 more than 5 million vehicles in the United States last year,
    accounting for 45 percent of all vehicles built in America
  oSold 7.5 million vehicles, which is 59 percent of all U.S. sales
  oOperated 380 U.S. facilities, including 32 manufacturing plants,
    representing a $64 billion investment
  oEmployed 100,000 Americans with a total payroll of more than $9 billion
  oCreated 500,000 additional American jobs through 10,000 dealership
    franchises
  oExported 800,000 automobiles from the U.S. to more than 60 different
    countries around the world

"The positive economic ripple effect created by our industry doesn't end after
the vehicles are designed, built, and distributed to dealerships nationwide,"
said AIADA President Cody Lusk. "The impact only grows, as thousands of
international dealership franchises staffed by hundreds of thousands of
Americans then begin the work of selling and servicing some of the most
popular vehicles in the United States."

"For over 50 years, international automakers have invested billions of dollars
in the U.S. and have revitalized local economies, created tens of thousands of
jobs, and expanded the local tax base," said Global Automakers CEO John
Bozzella. "As the data demonstrates, the old perceptions of foreign versus
domestic in the U.S. don't fit the reality anymore."

The report is designed to educate policy makers and the public that the U.S.
auto industry is comprised of a global array of companies, each of which is
deeply invested in growing and thriving in America.

About AIADA: Established in 1970, AIADA is and continues to be the only
association whose sole purpose is to represent America's 10,000 international
nameplate automobile franchises that sell and service the following brands:
Acura, Aston Martin, Audi, Bentley, BMW, Ferrari, Honda, Hyundai, Infiniti,
Jaguar, Kia, Land Rover, Lexus, Maserati, Maybach, Mazda, Mercedes, MINI,
Mitsubishi, Nissan, Porsche, Rolls Royce, Saab, Scion, Smart, Subaru, Toyota,
Volkswagen, and Volvo. These retailers have a positive economic impact both
nationally and in the local communities they serve, providing more than
400,000 American jobs. Visit AIADA online at www.aiada.org.

About Global Automakers:

The Association of Global Automakers represents international motor vehicle
manufacturers, original equipment suppliers, and other automotive-related
trade associations. Our members include American Honda Motor Co., Aston Martin
Lagonda of North America, Inc., Ferrari North America, Inc., Hyundai Motor
America, Isuzu Motors America, Inc., Kia Motors America, Inc., Maserati North
America, Inc., McLaren Automotive Ltd., Nissan North America, Inc., Subaru of
America, Inc., Suzuki Motor of America, Inc., and Toyota Motor North America,
Inc.

Global Automakers works with industry leaders, legislators, regulators, and
other stakeholders in the United States to create public policies that improve
motor vehicle safety, encourage technological innovation and protect our
planet. Our goal is to foster an open and competitive automotive marketplace
that encourages investment, job growth, and development of vehicles that can
enhance Americans' quality of life. For more information, visit
www.globalautomakers.org.

^1 Vehicles are manufactured in the United States using domestic and globally
sourced parts.
Data for the report was provided by automobile manufacturers participating in
the 2013 Global Automakers and AIADA Economic Impact Survey: BMW, Honda,
Hyundai, Kia, Mazda, Mercedes-Benz, Mitsubishi, Nissan, Subaru, Toyota,
Volkswagen, and Volvo.

Contacts:
Libby Newman
NewmanL@aiada.org
(703) 519-7800

Annemarie Pender
(202) 650-5548
apender@globalautomakers.org



John Bozzella



Cody Lusk



To view the multimedia assets associated with this release, please visit:
http://www.multivu.com/mnr/7221351-aiada-global-automakers-economic-impact-report-auto-production

SOURCE The Association of Global Automakers

Website: http://www.globalautomakers.org
 
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