Global Automakers Commends the Conclusion of the Trans-Pacific Partnership Negotiations

WASHINGTON, Oct. 5, 2015 /PRNewswire-USNewswire/ -- The Association of Global Automakers applauds the Administration's announcement today that negotiations on the Trans-Pacific Partnership (TPP) have concluded and a deal has been reached. 

Open trade and investment policies have encouraged international automakers to invest billions of dollars in the United States, creating a stronger domestic manufacturing base and stimulating economic growth.  If approved by Congress, the Trans-Pacific Partnership will provide new opportunities to increase exports and support American jobs.

This agreement covers approximately 40 percent of the global economy and puts into place rules that facilitate trade and reduce barriers.   This agreement will benefit American consumers and businesses alike by creating an engine for future U.S. economic growth.   

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.

Contact: Annemarie Pender
202.650.5548 | [email protected]

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SOURCE Global Automakers

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