“The president is not going to allow a disorderly collapse of the companies. That is not an option,” White House spokeswoman Dana Perino told Reuters.
“We’re nearing a conclusion, we’re narrowing options.”
There had been expectations early this week the Bush administration would announce an auto industry rescue plan by Wednesday but the spokeswoman told reporters there was nothing to say yet.
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Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.