Obama hails auto bailout as good news in Michigan
July 30, 2010
By CHARLES BABINGTON and TOM KRISHER
2010-07-30T21:01:28Z
2010-07-30T21:01:28Z
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 hurting U.S. economy. But his upbeat assessment can’t mask daunting challenges for U.S. automakers and painfully high unemployment….
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