President Obama travelled to Detroit today to tout the success of the auto bailouts and federal stimulus program in reviving the American automotive industry. At General Motors's Hamtramck facility, Obama told workers that the $62 billion dollars the government spent to keep Chrysler and GM in business had saved 1.1 million jobs, and resulted in the strongest year of hiring that the industry has seen since 1999. The speech comes one day after the administration released a new interactive map detailing the investments that have been made in new car and battery factories across the country and the resulting jobs created at each plant. The graphic shows particularly strong growth in Indiana and Michigan, which were two of the states hardest hit by the automotive crisis. Most of new job sites will produce green vehicles and components, with grants going to lithium ion battery, truck and bus hybridization, and electric vehicle fac...[ + ]
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