January 08, 2020 News

Two U.S. auto trade groups merge as regulatory issues loom

Reuters — LAS VEGAS — Two major U.S. automotive trade groups said Wednesday they will merge as the industry faces dramatic challenges, including regulatory, trade and emissions issues.

The Alliance of Automobile Manufacturers, a group representing Detroit’s Big Three automakers, major German automakers and others including Toyota Motor Corp, is merging with Global Automakers, a group representing primarily Japanese and Korean automakers including Honda Motor Co, Nissan Motor Co and Hyundai Motor Co, as well as some automotive suppliers and Peugeot SA.