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Obama: Bailout saved U.S. auto industry
DETROIT — A year after the government's big auto-industry bailouts, President Barack Obama on Friday trumpeted increased car sales and progress on battery-powered vehicles as a beacon of success in his administration's battle to revive the U.S. economy.
Obama: Auto bailouts saved industry, jobs
DETROIT—A year after the government’s big auto-industry bailouts, President Barack Obama on Friday trumpeted increased car sales and progress on battery-powered vehicles as a beacon of success in his administration’s battle to revive a hurting U.S. economy.
Obama hails auto bailout as good news in Michigan
A year after the government's big auto-industry bailouts, President Barack Obama on Friday trumpeted increased car sales and progress on battery-powered vehicles as a beacon of success in his administration's battle to revive a hurting U.S. economy. But his upbeat assessment can't mask daunting challenges for U.S. automakers and painfully high unemployment.
Argentina car industry recession-proof
The car industry in Argentina has remained immune to the global economic crisis, maintaining an increase both in sales and in productions this year.
Penske: Fleet sales powering auto industry's sales increase
While auto sales have rebounded since last year's downturn, that surge is being driven by fleet sales to rental companies and other businesses, said Roger Penske, CEO of Penske Automotive Group.
Obama touts comeback of auto industry
DETROIT (AP) - A year after the government's big auto-industry bailouts, President Barack Obama on Friday trumpeted increased car sales and progress on battery-powered vehicles as a beacon of success in his administration's battle to revive a...
CREA cuts home sales forecast
Canadian home sales will decline 1.2% this year, not increase as previously forecast, the industry group said on Friday, but average prices should increase more than it forecast earlier
Obama says U.S. auto industry 'growing strong' after bailout
President Barack Obama, speaking at auto plants here Friday, praised the recovery of the embattled U.S. auto industry and celebrated the tough choices he says made a comeback possible.
Analysts expect rebound in July car sales
Surprisingly, consumers are heading to dealerships despite the lack of incentives from auto makers.
Weekly Address: President Obama Hails Successes of the Restructuring of the Auto Industry, Calls on GOP Leaders to ...
WASHINGTON – In this week’s address, President Obama praised the successes of the auto industry restructuring. When his administration decided to invest in the American car companies, some said such a move was bound to fail. But since GM and Chrysler have emerged from bankruptcy, the auto industry has added 55,000 jobs – the strongest growth in 10 years – and for the first time since 2004, all ...
