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President Barack Obama scolded the domestic carmakers Tuesday night for "years of bad decision making," but said "the nation that invented the automobile cannot walk away from it."

In a speech to a joint session of Congress, the new president offered no details as to how he would help the industry restructure, and no promise to grant the billions of dollars in new aid that General Motors and Chrysler seek.

But it was his strongest commitment yet to preserving the companies that have defined Michigan's economy and identity for a century.


2009 BMW 7-Series USA Press Launch Photo Gallery

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How Much Is Too Much? Obama Renews Commitment To US Automakers

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