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First Edition of AAMA Trade Report Highlights Rising U.S. Auto Exports

11 February 1998

First Edition of AAMA Trade Report Highlights Rising U.S. Auto Exports

    WASHINGTON, Feb. 11 -- The American Automobile Manufacturers
Association (AAMA) today unveiled the first edition of its "Global Automotive
Trade Report," a monthly publication containing new information and updates on
a variety of subjects that have a bearing on world trade in motor vehicles.
    "As the recent Asian financial crisis has shown, trade policies and events
in one nation or region may have a great impact elsewhere in the world," said
AAMA President & CEO Andrew H. Card, Jr.  "Through the new 'Global Automotive
Trade Report,' America's Car Companies hope to provide timely and useful
information on many of these policies and events."
    Filled with news, informative charts and graphs, each month's "Global
Automotive Trade Report" will feature "Country Focus," AAMA's renowned "Japan
Report" and "What Others Are Saying," a roundup of trade-related quotes.
    The February edition's top story is that America's Car Companies' exports
of assembled vehicles set a new record last year, despite exchange rate
pressures in Asia and other markets.  "Country Focus" puts Chile in
automakers' trade spotlight.  And "What Others Are Saying" includes a frank
recognition by the president of Kanagawa Toyota Sales that Japanese dealership
reforms "are very slow compared with what's taken place in the U.S."
    To obtain a copy of "Global Automotive Trade Report," 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 AAMA's site on the World Wide Web at
http://www.aama.com.

SOURCE  American Automobile Manufacturers Association