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NEWS RELEASE 02-103; October 28, 2002 October 28, 2002
News Release 02-103

U.S. MOTOR VEHICLE INDUSTRY UNDERGOES MAJOR STRUCTURAL CHANGE IN RECENT YEARS

The U.S. motor vehicle industry experienced major structural changes from 1997 through 2001 as U.S. automaker Chrysler merged with Daimler-Benz of Germany in 1998 to form a new company, DaimlerChrysler, and GM and Ford expanded their tie-ups with foreign partners, reports the U.S. International Trade Commission (ITC) in its publication Industry and Trade Summary: Motor Vehicles.

The ITC, an independent, nonpartisan, factfinding agency, recently released the report as part of an ongoing series of reports on thousands of products imported into and exported from the United States. The report addresses the market, industry, and trade conditions for motor vehicles from 1997 through 2001. Following are highlights of the report:

The foregoing information is from the ITC report Industry and Trade Summary: Motor Vehicles (USITC Publication 3545, August 2002). This report will be available on the ITC Internet web site at www.usitc.gov. A printed copy may be ordered by calling 202-205-1809, or by writing the Office of the Secretary, U.S. International Trade Commission, 500 E Street SW, Washington, DC 20436. Requests may be faxed to 202-205-2104.

ITC Industry and Trade Summary reports include information on product uses, U.S. and foreign producers, and customs treatment of the products being studies; they analyze the basic factors affecting trends in consumption, production, and trade of the commodities, as well as the factors bearing on the competitiveness of the U.S. industry in domestic and foreign markets.

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