SHARE THIS ARTICLE

Pointing out “what a difference five years makes,” Vice President Joe Biden heralded the turnaround of the U.

S. auto industry, and said the Motor City would follow.

"Just like the auto industry came back, Detroit is going to come back," Biden said in remarks at Cobo Center at the North American International Auto Show Thursday morning. "The industry is back."

The vice president said the Obama administration refused to let the auto industry fail. The Obama administration agreed to spend about $60 billion to help rescue General Motors Co. and Chrysler Group LLC after the Bush administration infused the first $25 billion.

"We bet on American ingenuity, we bet on you and we won," Biden said, recounting a central theme of the 2012 presidential campaign. "How could we possibly walk away from the iconic industry of America?"

 


Read Article


VP Biden Visits Detroit Auto Show And Takes Credit For The Industry Come Back

About the Author

Agent009

User Comments

cidflekken
Agent009
ParadoX
reaganeatbrains
carsnyc
TheSteve
MrEE
MBguy
reaganeatbrains
TheSteve
reaganeatbrains
dodgedart
BobM
kysrsoze1
BobM
Fiat4life
MattDarringer
Cactoes
MrEE

Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img]http://agent001.myautospies.com/images/sample.jpg[/img]