There were 757 press releases posted in the last 24 hours and 155,440 in the last 365 days.

AUTO INDUSTRY STANDS WITH CONSUMERS AGAINST THREATENED AUTO TAX HIKES

7 Million Auto Jobs at Risk

/EIN News/ -- Washington, DC, May 16, 2019 (GLOBE NEWSWIRE) -- Statement by John Bozzella, President and CEO of Global Automakers and spokesperson for Here For America

0_medium_Capture13.PNG


“The U.S. automobile industry and American consumers will suffer a body blow should the President sign an Executive Order threatening new taxes on autos and auto parts.  Current tariffs have added cost, reduced the industry’s global competitiveness, and created tremendous uncertainty resulting in slowed investment and growth.  The idea that U.S. automakers are threatened by automotive imports is fundamentally flawed and ill conceived.  Quotas would be even more devastating to the auto industry, our workers, and millions of Americans should they be imposed.  No automaker or auto parts supplier asked for this “protection.”  We are headed down a dangerous and destructive course and strongly urge that the Administration not impose tariffs or quotas.”

 

Annemarie Pender
Here For America
202-650-5555
apender@globalautomakers.org

Distribution channels:


EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.