The country’s automakers should ditch their focus on SUVs and trucks in favor of smaller, more fuel-efficient vehicles, President Obama said Monday.
“You can’t just make money on SUVs and trucks,” Obama said during a town hall forum in Cannon Falls, Minn. “There is a place for SUVs and trucks, but as gas prices keep on going up, you have got to understand the market. People are going to try to save money.”
Obama has positioned the revival and reshaping of the auto industry as a major part of his administration’s push to improve the economy and create jobs.
“When I came into office they were talking about the liquidation of GM and Chrysler, and a lot of folks said you can’t help them, and it’s a waste of the government’s money to try and help them,” Obama said Monday. “But what I said was, we can’t afford to lose up to a million jobs in this country, particularly in the Midwest.”
Obama was speaking at the start of a three-day bus tour of the Midwest. He will visit Decorah, Iowa, later in the day.
The president said his administration “turned around” the U.S. auto industry and is calling on automakers to change the way they do business.
{The Hill/Matzav.com Newscenter}
Obama doesn’t know how to run the government. What makes him think he knows how to run the auto industry?
let him stay home or if he goes out he should use a small car not his huge bus
What does Obama know about making money? I cant stand that guy!