Until 8 p.m. includes Twin Cities area

MPR News helps you turn down the noise and build shared understanding. Turn up your support for this public resource and keep trusted journalism accessible to all. 

Turn Up Your Support

By DARLENE SUPERVILLE, Associated Press Writer


      CHICAGO (AP) - President Barack Obama is crediting his
politically risky bailout of the the U.S car companies with turning
around an "industry on the brink."

      Speaking at a Ford plant that is adding 1,200 jobs and a second
shift, Obama says that while others criticized his $60 billion
bailout over a year ago, he chose that course because of his faith
in American workers. While Ford did not accept federal funds, Obama
argued that the company did benefit from a resurgence in the
industry following the bailout of General Motors and Chrysler.

      Following his stop at the Ford plant, Obama will head to three
political fundraising events.
      

Gallery

Business and Economic News

President Barack Obama is crediting his
politically risky bailout of the the U.S car companies with turning
around an "industry on the brink."

Obama boasts saving auto industry 'on the brink'

Go Deeper.

Like this?

News you can use in your inbox