Barack Obama

“ And three years later, the American auto industry is back.
Today, GM is the number one automaker in the world. Chrysler is growing faster in America than any other car company. Ford is investing billions in American plants and factories, and plans to bring thousands of jobs back home. All told, the entire industry has added more than 200,000 new jobs over the past two and a half years. ”

“ And they’re not just building cars again – they’re building better cars. Thanks to new fuel efficiency standards we put in place, they’re building cars that will average nearly 55 miles per gallon by the middle of the next decade. ”

“ That means folks will be able to fill up every two weeks instead of every week, saving the typical family more than $8,000 at the pump over time. That’s a big deal, especially as families are yet again feeling the pinch from rising gas prices. ”