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Friday, October 7, 2022

Obama Is Stern With Automakers

President Obama had a mixed message yesterday for the U.S. auto industry. He praised the struggling companies as "an emblem of the American spirit," but used his toughest language yet to demand that manufacturers, their creditors and their union cut costs further or face bankruptcy.

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President Obama had a mixed message yesterday for the U.S. auto industry. He praised the struggling companies as “an emblem of the American spirit,” but used his toughest language yet to demand that manufacturers, their creditors and their union cut costs further or face bankruptcy.

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