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.
U.S. Business Groups Seek Better TPP Offer From Japan Following Ministerial Discussions
Matt Blunt, president of the American Automotive POLICY Council (AAPC), which represents Ford, General Motors and Chrysler on trade policy issues, told Bloom
Automakers seek free trade agreement with currency manipulation stipulations to grow sales in Asia
Automakers, including General Motors Co.
AAPC Statement on the Conclusion of the Trans-Pacific Partnership Negotiations in Hanoi, Vietnam
For Immediate Release:
September 9, 2014
Contact: Colin Dunn