Home > Community > Automobiles > U.S has no desire to run automakers -White House

U.S has no desire to run automakers -White House

Published: 27 Apr 2009 11:15:38 PST

WASHINGTON, April 27 - The U.S. government has no desire to run a domestic automaker even though in a restructuring it could wind up with a controlling interest in General Motors Corp, the White House said on Monday.

"We strongly back an auto industry that we believe can and should be self reliant," White House spokesman Robert Gibbs told reporters. "It is not our desire to either own or run one of the auto companies."


Source: Reuters

If you believe an article violates your rights or the rights of others, please contact us.

Share this story:
  • Digg
  • Reddit
  • Mixx it
  • Facebook
Email this page Bookmark this page