Obama hails rebound of US auto industry in weekly address

Written By Unknown on Sabtu, 13 Oktober 2012 | 23.16

WASHINGTON — President Barack Obama is hailing the rebound of the US auto industry, pointing to progress since his administration rescued General Motors and Chrysler.

Obama says in his weekly radio and Internet address that auto sales are the highest they've been in more than four years and the industry has created nearly a quarter of a million new jobs.

Obama frequently cites GM and Chrysler as a success story for his campaign. Automakers are large employers in Ohio, one of the key battleground states being contested by Obama and Republican Mitt Romney.

AFP/Getty Images

President Obama listens to guests during a dinner with campaign contributors last night.

Markwayne Mullin, an Oklahoma Republican running for Congress, says in the GOP address that the Obama administration has pushed regulations that make it difficult for businesses.


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