The Association of International Automobile Manufacturers released the following statement in response to the President's remarks today concerning the restructuring of Chrysler. The statement can be attributed to Michael J. Stanton, President of the Association of International Automobile Manufacturers, Inc. (AIAM):
"The Association of International Automobile Manufacturers (AIAM) applauds the steps taken by President Obama to strengthen the auto industry by reviving and realigning two of America's iconic car companies, GM and Chrysler. AIAM has not and does not oppose these efforts.
"We strongly believe, however, that American consumers should be encouraged to buy vehicles that best meet their individual needs and concerns with respect to price, safety and environmental performance.
"As the government continues its vital role in the restructuring of historically important players in the U.S. auto market, we believe it is vital to retain and encourage a level playing field for all.
"It is competition that brings value and choice to American consumers and that will ultimately help return these companies and our industry to a position of strength and profitability. Actions that lead to discrimination on the basis of company ownership will harm Americans who build and sell vehicles made in the United States by international automakers and undermine the long-term interests of our industry."