Obama trumpets rebound of US auto industry

Print
Email
|

Associated Press

Posted on October 13, 2012 at 9:01 PM

Updated Saturday, Oct 13 at 9:02 PM

WASHINGTON (AP) — President Barack Obama is hailing the rebound of the U.S. 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.

Automakers are large employers in Ohio, one of the pivotal states in the race between Obama and Republican Mitt Romney.

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.

He says the economy "doesn't need more meddling — it needs more certainty."

___

Online:

Obama address: www.whitehouse.gov

GOP address: http://tinyurl.com/9zhygh7

Print
Email
|