Obama plans 'leaner' car industry

May 24th, 2009 - BBC NEWS

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Obama plans 'leaner' car industry - BBC News Mr Obama has been tough on the carmakers after huge bailouts

President Barack Obama says he hopes US carmakers will come out "leaner and meaner" from their financial troubles.

General Motors (GM) is currently trying to stave off bankruptcy, while Chrysler has already sought bankruptcy.

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