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International Trade

Chrysler, Ford and GM have supported every major trade agreement negotiation to establish a 21st Century Trans-Pacific Partnership (TPP) free trade agreement with Australia, Brunei, Chile, New Zealand, Malaysia, Peru, Singapore and Vietnam. AAPC also works to support U.S. trade relationships with other countries around the globe.

The Trans Pacific Partnership

The TPP will also provide a high standard free trade agreement model for the Asia-Pacific region, and a solid economic anchor for the United States in Asia to prevent an economic and trade divide in the middle of the Pacific region.

International Trade, and the TPP, will allow the U.S. to build on existing free trade agreements with four of the eight other countries (Australia, Chile, Peru, Singapore) by better coordinating and harmonizing gains already made in prior trade agreements with those nations. The TPP will serve as a substantial step forward by establishing free trade agreements with four new U.S. trade partners (Brunei, Malaysia, New Zealand and Vietnam). Finally, the agreement will allow the nine signatories to establish a model agreement capable of serving as a high-standard, broad-based regional pact.

Mar 05 2014
Written by Jerry Garrett | Posted on The New York Times

Jeep introduced its Renegade subcompact sport utility vehicle here Tuesday on the opening day of press previews for the 84th Geneva Motor Show. Information about the new “baby Jeep” had been leaked Sunday on the Internet, and multiple media outlets followed suit and posted photos and details about the model on Monday.

Feb 27 2014

 

AAPC Disappointed TPP Currency Manipulation Text Not Proposed


Washington, D.C. - American Automotive Policy Council President Matt Blunt today issued the following statement on the results of the just concluded Trans-Pacific Partnership (TPP) round of talks:

Filed Under: International Trade
Feb 12 2014
Written by Melissa Burden | Posted on The Detroit News

Cadillac hopes to grow by double-digit percentages this year globally and in the U.S. as it expands its footprint in China and adds new models to its American lineup.

General Motors Co.’s luxury brand sold nearly 251,000 vehicles last year as global sales jumped 28 percent and U.S. sales rose just shy of 22 percent.

Cadillac will launch three new or refreshed models in the U.S. this year: The 2014 ELR plug-in hybrid coupe is just getting into showrooms. The 2015 Escalade SUV will arrive in dealerships this spring. And the 2015 ATS Coupe arrives at dealerships this summer.

Feb 07 2014
Written by Mark Clothier | Posted on Bloomberg Businessweek

Ford Motor Co. (F:US) said it will oppose the Trans-Pacific Partnership if the trade agreement doesn’t limit a country’s ability to manipulate its currency.

The proposed pact “is not likely to generate any net benefits for American manufacturers if it does not address the critical issue of currency manipulation,” Joe Hinrichs, Ford’s president of the Americas, said in a Feb. 6 speech at the Chicago Auto Show.

Feb 07 2014
Financial Times

America's car industry has plenty to thank President Barack Obama for, but it's still unhappy with a flagship trade deal that the White House is negotiating.

The carmakers want the Trans-Pacific Partnership (TPP), a free trade agreement with 11 Pacific nations, to include provisions to stem what they claim is the deliberate weakening of the yen by the Japanese government, something they argue hands an unfair advantage to Japan's car manufacturers, writes the FT's Aaron Stanley.

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