President Obama on Breathing New Life into Chrysler

April 30th, 2009 Posted in Uncategorized
President Obama announced earlier today a plan to resuscitate Chrysler through bankruptcy protection and a deal with Fiat.

After consulting with my Auto Task Force, I can report that the necessary steps have been taken to give one of America's most storied automakers, Chrysler, a new lease on life.

This is a company that has a particular claim on our American identity. It's a company founded in the early years of the American automobile industry; a company that helped make the 20th century an American Century; and that came to embody, along with the two other members of the Big Three, the ingenuity, the Cheap Accutane industriousness, and the indomitable spirit of the American people.

 Read his full remarks...

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