issued a statement today congratulating President Elect Obama on his win yesterday in the 2008 Presidential Election. Oh, and just in case our nation's soon-to-be 44th president forgot, he made some statements during the campaign pledging support for the auto industry, and GM's
not going to let him forget it. In GM's own words, the struggling automaker says it "welcomes President-elect Obama's pledge to support our nation's domestic auto industry in its ongoing efforts to transform its business and develop new technologies." If you read between the lines, GM is actually saying it wants Obama to get to work securing an aid package for the ailing auto industry that includes speeding
up the distribution of $25 billion worth of low interest loans and securing additional monies to facilitate a GM/Chrysler
merger. At least that's what we saw between the lines. Automotive News
reports that Obama told NBC News anchor Brian Williams last week that he would meet with the Detroit 3 ASAP if elected. Rick Wagoner is no doubt waiting by the phone as we speak. Check out the full statement after the jump.
[Source: General Motors, Photo by EMMANUEL DUNAND/AFP/Getty]
General Motors Statement Regarding The Election Of Senator Barack Obama As The 44th President Of The United States
General Motors congratulates Senator Obama on his historic win. He will assume office at an extraordinary time, with a number of national priorities that will require his and Congress' immediate attention. GM welcomes President-elect Obama's pledge to support our nation's domestic auto industry in its ongoing efforts to transform its business and develop new technologies. This support comes at an especially critical time as our industry confronts one of the most difficult economic periods in our nation's history , caused by the global financial crisis. And, this support will enable a competitive U.S. industry to contribute significantly to our nation's economic revival, in employment, technology, energy security, and other important areas.