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AIADA ISSUES REACTION TO MINIVAN DUMPING DECISION; ITC DUMPING RULING REFLECTS REALITY

 AIADA ISSUES REACTION TO MINIVAN DUMPING DECISION;
 ITC DUMPING RULING REFLECTS REALITY
 ALEXANDRIA, Va., June 24 /PRNewswire/ -- Today's four to two vote by the International Trade Commission (ITC) to reject the Big Three's petition on Japanese minivan dumping was a "wise decision reflecting reality," said Walter E. Huizenga, president of the American International Automobile Dealers Association.
 Minivans are one market within the automobile industry where the domestic industry is very competitive with the international vehicles. The domestic industry already controls more than 88 percent of the minivan marketshare in the U.S., and their marketshare has recently increased.
 "If Japanese dumping results in an 88 percent minivan marketshare for the Big Three, then that is the kind of dumping the Big Three need in the other market segments," said Huizenga. "The ITC ruling confirms our assertion that the Big Three have not been injured by the alleged Japanese dumping."
 Without comparable models in Japan upon which to base dumping margins, the Commerce Department ruling that Japanese automakers were dumping minivans was "a politically motivated decision," Huizenga said. "With Japanese minivans priced thousands higher than their Big Three competition, how can the Japanese automakers be 'dumping' minivans?" said Huizenga. "As we have said from the outset, absolutely no dumping of any kind has occurred."
 AIADA is the trade association of America's international automobile dealers, representing more than 10,000 American businesses selling and servicing world class automobiles.
 -0- 6/24/92
 /CONTACT: Paul Donnellan of AIADA, 703-519-7800/ CO: American International Automobile Dealers Association ST: District of Columbia IN: AUT SU: LEG


KD-DS -- DC033 -- 3509 06/24/92 17:59 EDT
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Publication:PR Newswire
Date:Jun 24, 1992
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