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AAMA PRESIDENT/CEO ISSUES STATEMENT IN RESPONSE TO AIMA NEWS CONFERENCE

 WASHINGTON, Dec. 13 /PRNewswire/ -- Andrew H. Card Jr., president and CEO, American Automobile Manufacturers Association, issued the following statement in response to the Association of International Automobile Manufacturers news conference:
 "We are pleased that foreign automakers would like to look American. Today, American-made cars are considered the best in the world. That's why America's Car Companies today hold 75 percent of the U.S. car and truck market. And that market share is growing.
 "It seems curious that an organization representing primarily Japanese auto manufacturers would hold a press conference on the state of the American auto industry. AIAM and its foreign member companies are spending millions of dollars in an elaborate advertising, lobbying and public relations campaign to convince America that they are more American than Chrysler, Ford and General Motors. In reality, they are trying to draw attention away from the fact their cars have far more foreign-made parts than vehicles produced by America's Car Companies which average 90-percent domestic content. Next year's labeling law will allow American consumers to clearly see the domestic content of every vehicle sold in the U.S. and this worries them. And, this campaign is a concerted effort to divert attention from America's call to Japan to truly open its market to our products.
 "Rhetoric aside, the fact is that Chrysler, Ford and General Motors employ 19 out of 20 auto-related employees in this country and have more than 20 times the number of employees compared to foreign-owned transplants."
 The American Automobile Manufacturers Association is the trade association representing America's Car Companies: Chrysler, Ford, and General Motors.
 -0- 12/13/93
 /CONTACT: Jason Vines of AAMA, 202-326-5541/


CO: American Automobile Manufacturers Association; Association of
 International Automobile Manufacturers ST: District of Columbia, Michigan IN: AUT SU:


SB -- DE024 -- 3266 12/13/93 15:16 EST
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Publication:PR Newswire
Date:Dec 13, 1993
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