Press Release

AAMA Acknowledges Progress in Japan, Wants More

09/19/96

America's Car Companies See Progress, But Look for Greater
Resolve By Japanese; AAMA Releases Anniversary Edition of Japan
Report


WASHINGTON, Sept. 17 -- "America's Car Companies have
seen some progress since the signing of the 1995 U.S.-Japan auto trade
pact, but look for greater resolve on the part of Japan to fulfill the
market-opening promised by the Agreement," according to Andrew
H. Card, Jr., President & CEO of the American Automobile Manufacturers
Association (AAMA).

The efforts of Chrysler, Ford and General Motors are documented in a
special first anniversary edition of the AAMA Japan Report.

Summarizing the results of the Agreement to date, Card said, "Sales of
U.S. vehicles are up, but continued limited access to Japanese dealers
and the weakening yen are obstacles to growth," Card explained.

America's Car Companies sold 82,554 vehicles in Japan from January
through August -- a 32.6% increase over the same period last year --
but have signed up only 107 new dealer outlets since the
Agreement. There was only one dealer signing recorded in August.

Other highlights of the anniversary edition of the AAMA Japan Report
include:

* Total imports in Japan reach 6.09% in Agreement's first year

* Dollar breaks 110 yen level; Bank of Japan intervention continues

* Japanese purchases of U.S. parts up, but below expected level of increase

The AAMA Japan Report is a periodic digest which monitors the results
of the U.S.-Japan auto trade agreement. To obtain a copy, contact
Scott Kennedy at 202-326-5534.

AAMA is the trade association whose members are Chrysler Corporation
, Ford Motor Company and General Motors Corporation
. Visit the association's site on the World Wide Web at
http://www.aama.com.