President Barack Obama

Obama to auto industry: "Get me a plan that works"

President Obama and his administration has made much political hay over the impending disaster that could befall the U.S. economy barring swift action. Today Obama called directly on the American auto industry for a clear plan for viability so the government could step up its aid. Speaking with... read more

February 12, 2009 by
U.S. Capitol Building

Michigan representatives ask for $25B in new loans for auto industry

The first $13.4 billion in auto industry loan funds have been disbursed to General Motors and Chrysler, but already Michigan's congressional representatives are seeking... read more January 23, 2009 by

The White House

Bush administration defers CAFE decision to Obama

In a reversal on Bush's prior commitment to make a decision on the issue of Corporate Average Fuel Economy (CAFE) standards, the U.S. Department of Transportation (DOT) today... read more January 7, 2009 by

Detroit 3 CEOs

Obama and Dodd tell Detroit CEOs to move on

A senior Democratic Senator has demanded that the CEOs of the Detroit 3 step down if they want their companies to be given federal aid. Senator Christopher Dodd of... read more December 8, 2008 by

Barack Obama on the campaign trail, 2008

Obama reaffirms commitment to auto industry aid

During his campaign for U.S. President, Barack Obama repeatedly declared his support for the auto industry and indicated he would support it against the tide of the economic... read more November 7, 2008 by


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