The automotive sector represents the nation’s No. 1 export industry and is responsible for driving job creation and economic growth across the country. The U.S. automotive sector has seen its exports rise by 76% since 2009.
Each year, Ford, General Motors, and Stellantis export about 1 million American-made vehicles to more than 100 different foreign markets. This is further evidence of the economic significance of U.S. exports to job creation.
Increased exports have far reaching impacts on the economy overall. Ford, General Motors and Stellantis produce more of their vehicles, buy more of their parts, conduct more of their research and base more of their workers in the United States than their competitors. These differences represent billions of dollars in investment and purchases, representing millions of American jobs.
Automaker and Supplier Exports (in billions)
The U.S. automotive sector has seen its exports rise by 76% since 2009.
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Automakers back EU-US trade deal
Washington Automakers support a proposed free trade deal between the United States and European Union, and want auto safety regulations harmonized on both sides of the Atlantic.
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U.S. Auto Companies Step Up Lobbying Effort On TPP Currency Rules
U.S. auto companies are stepping up a congressional lobbying effort in response to Japan's entry into the Trans-Pacific Partnership (TPP) by arguing that it is more important than ever for the agreement to contain “meaningful” provisions on currency manipulation.
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New Auto Index Redefines Which Cars Are Really 'Made in America'
American University's Kogod School of Business announced today the release of a new Made in America Automotive Index that evaluates and ranks 253 car models based on country of origin and several factors not addressed by the American Automobile Labeling Act (AALA).
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All-new Jeep Cherokee Debuts Internationally at the 2013 Shanghai Auto Show
The all-new Jeep® Cherokee raises the bar and is ready to take the mid-size SUV segment by storm – on any continent. Following close behind its world premiere in New York last month, the Jeep Cherokee has its international debut at the 2013 Shanghai Auto Show on April 20.