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Auto Industry

The Takeaway

A Miracle in Detroit as GM and Ford Turn Things Around

Thursday, August 12, 2010

A friend of mine quit smoking when doctors found a lesion on her right lung. Another lost 250 pounds when he found out that the extra weight was killing him. And GM has reported more than $2 billion so far this year, after filing for bankruptcy last year.

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The Washington Report

WQXR's The Washington Report

Monday, August 02, 2010

David Sanger, of The NYT, on the politics of the auto bailout and the fall-out of last week's Wiki-Leaks.

Transportation Nation

Obama: We're Proving Naysayers Wrong on Auto Industry

Friday, July 30, 2010

The President's Remarks in Detroit:

THE WHITE HOUSE

Office of the Press Secretary

___________________________________________________________

For Immediate Release July 30, 2010

REMARKS BY PRESIDENT BARACK OBAMA

ON THE AMERICAN AUTO INDUSTRY AND THE AMERICAN ECONOMY

Chrysler Jefferson North Assembly Plant

Detroit, Michigan

12:16 P.M. EDT

THE PRESIDENT: Hello, Detroit! (Applause.)

Well, it is good to be here. Everybody, if you have a seat, have a seat. (Laughter.) It is good -- it’s good to be back.

AUDIENCE: Yeah!

THE PRESIDENT: It’s good to be back. First off, give it up -- give it up to Leah for that wonderful introduction. (Applause.)

We’ve got some special guests here that I want to acknowledge. First of all, your Secretary of Transportation, who has helped to make sure that we are guiding this process of rebuilding the American auto industry and is doing an outstanding job, from Peoria, Illinois, Secretary Ray Lahood. Give him a big round of applause. (Applause.)

Because of a funeral, she couldn’t be here, but I want everybody to give a huge round of applause to one of the best governors in very tough times that exists anywhere in the country, Jennifer Granholm. She’s doing a great job. (Applause.)

Your outstanding new mayor and close to my heart, NBA Hall of Famer, Dave Bing is in the house. (Applause.)

Two of the hardest working senators anywhere. And they are always thinking about Michigan and Michigan manufacturing, making stuff right here in the United States of America, Carl Levine and Debbie Stabenow. (Applause.)

Outstanding member of Congress, Representative Carolyn Cheeks Kilpatrick. (Applause.) UAW President Bob King is in the house. (Applause.) And Chrysler CEO Sergio Marchionne. (Applause.) Sergio is modest. He doesn’t stand up. (Laughter.) But he’s doing a great job.

So I just had a tour of this outstanding plant with Sergio and Pat Walsh, your plant manager; General Holiefield -- now, that's a name right there -- (Laughter.) General Holiefield, vice president of the UAW. (Applause.) Cynthia Holland, your local UAW president. (Applause.)

And it was great to see the work that you’re doing and the cars that you’re building. Especially when you consider the fact that just over a year ago, the future here seemed very much in doubt.

Now, before I make my remarks, I’ve got to disclose, I’m a little biased here because the first new car that I ever bought was a Grand Cherokee. (Applause.) First new car.

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Transportation Nation

White House: The Auto Industry is Thriving. Give US Credit!

Thursday, July 29, 2010

Graphic: White House

This in from the White House today.    As the Takeaway reported last week, the auto industry, near death just a little over a year ago, is on the upswing.     Now, as the White House struggles to argue there IS indeed, an economic recovery -- the President travels to Detroit Friday     -- Andrea Bernstein, Transportation Nation

THE WHITE HOUSE

Office of the Press Secretary

______________________________________________________________________________

FOR IMMEDIATE RELEASE:

July 29, 2010

REPORT: Rebuilding the American Auto Industry

WASHINGTON – The statement below was posted today on http://www.whitehouse.gov/blog.

The American Auto Industry: A Comeback Story

Posted by Ron Bloom and Ed Montgomery on July 29, 2010 at 1:31 PM EDT

Over the next week, the President will travel to Detroit and Chicago where he will meet with auto workers and tour plants of each of the big three auto makers.  His trips offer an opportunity to take stock of where the industry stands this summer.

A little more than one year ago, the entire industry was on the edge of failure.  Plants were being closed, jobs were being lost, and America’s future role as a leading producer of vehicles in the global marketplace was in question. We’re now starting to see real signs of recovery. 

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