Home > DocuBase > Article

« All DocuBase Articles


Follow DocuTicker on Twitter   Feed

Tuesday, 31st March 2009

Remarks by the President on the American Automotive Industry

Remarks by the President on the American Automotive Industry
Source: White House Press Office

One of the challenges we've confronted from the beginning of this administration is what to do with the state of the struggling auto industry. In recent months, my Auto Task Force has been reviewing requests by General Motors and Chrysler for additional government assistance, as well as plans developed by each of these companies to restructure, to modernize, and to make themselves more competitive. Our evaluation is now complete. But before I lay out what needs to be done going forward, I want to say a few words about where we are and what led us to this point.

It will come as no surprise that some Americans who have suffered most during this recession have been those in the auto industry and those working for companies that support it. Over the past year, our auto industry has shed over 400,000 jobs, not only at plants that produce cars, but at the businesses that produce the parts that go into them and the dealers that sell and repair them. More than one in 10 Michigan residents is out of work -- the most of any state. And towns and cities across the great Midwest have watched unemployment climb higher than itís been in decades.

The pain being felt in places that rely on our auto industry is not the fault of our workers; they labor tirelessly and desperately want to see their companies succeed. It's not the fault of all the families and communities that supported manufacturing plants throughout the generations. Rather, it's a failure of leadership -- from Washington to Detroit -- that led our auto companies to this point.

+ Fact sheet on the new path to viability for GM & Chrysler (PDF; 52 KB)
+ Warrantee commitment program explanation (PDF; 29 KB)
+ GM viability assessment (PDF; 52 KB)
+ Chrysler viability assessment (PDF; 53 KB)



Please note: DocuTicker's editors collect citations for full-text PDF reports freely available on the web but we do not archive these reports. When you click a link to find and/or download the report, you are leaving the DocuTicker site. DocuTicker makes no representations regarding the ongoing availability of any report or any external resource. Links were accurate as of the date of posting.

« All DocuBase Articles



FreePint supports the value of information in the enterprise. Read more »

FeedLatest FreePint Content:

  • Click to view the article How to Develop Strong Relationships between Buyers and Suppliers
    Wednesday, 25th November 2015

    Catherine Pask reports on feedback from information managers to provide suggested steps and tips for improving relationships between buyers and sellers of information, such as avoiding surprises and keeping communications open.

  • Click to view the article Surveys Reveal Concerns about Reliability of and Access to Information
    Wednesday, 25th November 2015

    As we get to the half-way point in our "News, and Other Commodities" Topic Series, Shimrit Janes pauses to reflect on the findings of FreePint's recent research and surveys into private company information and web usage policies, and takes a look at what else is still to come.

  • Click to view the article Market Landscape - Media Monitoring
    Tuesday, 24th November 2015

    FreePint presents an overview of some key vendors in the media monitoring space. The table identifies key vendors and  products, a brief description of the platform, geographic scope and highlights any special  features, key use-cases and value. Products covered include Cision, Commetric, Factiva, Infomart, LexisNexis Publisher, Meltwater News, Newsdesk, NewsEdge, Nexis, and SinglePoint.

  • ... more ...

All FreePint Content »
FreePint Topics »

A FreePint Subscription delivers articles and reports that support your organisation's information practice, content and strategy.

Find out more and order a FreePint Subscription by visiting the
completing our online form: Subscription Order page.

FreePint Testimonials

"We have enjoyed immensely working with FreePint's consulting team. Their broad experience and practical hands-on approach to strategic ..."

Read more testimonials and supply yours »




Receive the DocuTicker Newsletter each week.

Find out more »

Article Categories

All Article Categories »


All DocuBase Sources »

Source Categories

All Source Categories »


All Archives »