U.S. News & World Report - 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.

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