Resurgent Auto Industry Ripe for Obama's Speech
It may be no coincidence that President Obama borrowed General Motors’ slogan “Built to last” when he previewed his State of the Union address for supporters in a video message last week.
In his third such speech to the nation on Tuesday night, Obama is expected to highlight his administration’s success and continued commitment to the clean-energy sector, especially the resurgent auto industry providing thousands of jobs to the economy and working with the administration on its ambitious fuel-economy standards.
“I’m going to lay out a blueprint for an economy that’s built to last,” Obama said in the video message, which his reelection campaign sent out last week to supporters. “American manufacturing, with more good jobs and more products stamped with ‘Made in America.’ ”
Earlier this month General Motors, whose subsidiary GMC once used the slogan “built to last” for its trucks, reclaimed the title as the world’s top-selling automaker in 2011, a fact cherished by an administration that bailed out GM and Chrysler in 2009. Ford was also on the brink of bankruptcy then. All three companies are turning profits now and simultaneously working with the administration to implement fuel-economy standards that, by model year 2025, could reach 54 miles per gallon. Right now the average is 27 mpg and manufacturers are required to reach 35.5 mpg by 2016. General Motors alone says it has created almost 16,000 jobs in the past two years.
“If you’re looking for one example of a sector that is doing better than anyone imagined, it’s the auto sector," said Scott Paul, founding executive director of the Alliance for American Manufacturing, a partnership between the United Steelworkers union and leading U.S. manufacturers. “There is an important story to tell about the role the auto rescue is playing in that. Consumers have more and better choices, and there is a lot of cooperation on fuel-economy and building out the president’s vision of a more sustainable future.
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In his third such speech to the nation on Tuesday night, Obama is expected to highlight his administration's success and continued commitment to the clean-energy sector, especially the resurgent auto industry providing thousands of jobs to the economy
Obama also said the US needs to “double-down” on clean energy. He said transitioning to cleaner sources of energy will enhance our national security, protect the environment and public health, and grow our economy and create new jobs.
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