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GM, FORD AND CHRYSLER FILE COMPLAINT ON ITC NEGATIVE INJURY DECISION IN JAPANESE MINIVAN DUMPING CASE

GM, FORD AND CHRYSLER FILE COMPLAINT ON ITC NEGATIVE INJURY DECISION
 IN JAPANESE MINIVAN DUMPING CASE
 WASHINGTON, Aug. 28 /PRNewswire/ -- General Motors, Ford and Chrysler today filed a complaint with the Court of International Trade in New York on the International Trade Commission's (ITC) June 24 negative injury decision in the Japanese minivan dumping case.
 Among other things, the complaint argues that a majority of the ITC commissioners erred in:
 -- seriously underestimating the degree of competition between U.S.-made and Japanese minivans in the marketplace. The majority's determination of lack of significant competition was based in part on erroneous factual assumptions and conclusions regarding the criteria that affect the purchasing decisions of minivan consumers, and in part on its decision to rely on "second choice" data that had been presented to the commission in a false and misleading manner;
 -- concluding that dumped Japanese minivans did not suppress the prices or sales volumes of U.S. minivans;
 -- failing to give appropriate weight to the fact that, when Japanese producers increased significantly the prices of their 1992 model year minivans, their U.S. market share fell dramatically and the market share of each of the U.S. minivan producers increased;
 -- failing to take into account the injury that Japanese dumping caused to Chrysler's U.S. operations as a result of lost Canadian minivan sales to dumped Japanese minivans; and
 -- failing to take into account the injury that Japanese dumping caused to (a) the continuing ability of U.S. producers to meet Corporate Average Fuel Economy (CAFE) requirements, and (b) the ability of U.S. producers to generate future vehicle sales through the creation of minivan brand loyalty.
 The complaint concludes that, unless those commission errors are corrected by the court, foreign automobile manufactures would receive a "green light" to engage in future dumping of not only minivans, but also other types of vehicles, with impunity.
 -0- 8/28/92
 /CONTACT: Ed Lewis of the Motor Vehicle Manufacturers Association, 202-775-2715/ CO: General Motors; Ford; Chrysler; Motor Vehicle Manufacturers
 Association ST: District of Columbia IN: AUT SU:


MH -- DC009 -- 4372 08/28/92 12:17 EDT
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Publication:PR Newswire
Date:Aug 28, 1992
Words:353
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