MEMA, AASA urge White House, 
Congressional leadership to address fiscal cliff

The Motor & Equipment Manufacturers Association (MEMA) and the Automotive Aftermarket Suppliers Association (AASA) sent a letter to the nation’s leadership urging for swift and immediate action to address the fiscal crisis.

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“Leadership must take the appropriate and timely action needed to address the fiscal crisis and allow for continued growth and stability in our manufacturing sector and throughout the entire economy,” said Bob McKenna, MEMA president and CEO.

In its letter, MEMA stated that the current fiscal and economic uncertainty the nation now faces will have a significant impact on an industry that survived the recent severe economic downturn and are in the process of recovery.  

“Without action, motor vehicle part manufacturers will

be unable to commit financial resources needed to expand facilities, purchase and install new equipment, and hire new employees,” said Bill Long, AASA president and COO.

The motor vehicle supplier industry is the nation’s largest creator of manufacturing jobs and must have confidence in the fiscal and economic climate to continue to prosper.

To view a copy of the letter, click here.

About AASA

AASA (www.aftermarketsuppliers.org) exclusively serves manufacturers of aftermarket components, tools and equipment, and related products. It is a recognized industry change agent – promoting a collaborative industry environment, providing a forum to address issues and serving as a valued resource for members. AASA is an affiliate of the Motor & Equipment Manufacturers Association (MEMA). “AASA, The Voice for the Automotive Aftermarket Supplier Industry”

About MEMA

MEMA represents its members through four affiliate associations: Automotive Aftermarket Suppliers Association (AASA); Heavy Duty Manufacturers Association (HDMA); Motor & Equipment Remanufacturers Association (MERA); and, Original Equipment Suppliers Association (OESA). For more information on the motor vehicle parts supplier industry, visit www.mema.org.