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Biden to make 'major announcement' Tuesday at GM plant

By Jordan Fabian - 10/25/09 02:22 PM ET

Vice President Joe Biden is set to make a "major announcement" on Tuesday at General Motors' Boxwood plant in his hometown of Wilmington, Del.

A White House release said the announcement is regarding the future of the plant. The event will be held several months after the federal government helped ease the struggling General Motors out of bankruptcy. The company entered bankruptcy in June after years of losses and declines in market share.

The U.S. government bought billions of dollars in stock to the company in an effort to buoy the U.S. economy at a time of great instability. President Barack Obama had promised to help turn the company back into a competitive force in the auto industry.

Gov. Jack Markell (D-Del.) will appear with Biden at the 10 a.m. event, which is open to the press.

Source:
http://thehill.com/blogs/blog-briefing-room/news/64653-biden-to-make-major-announcement-tuesday

Comments (130)

Will they make cars people want, or will they make crap that the government wants to push on the consumer? I will never buy a GM again anyway. The quality is not there. The UAW doesn't believe in qualtiy.BY jon on 10/25/2009 at 16:30
Don't be hasty let's wait to see what Biden's speach writer has to sayBY Thad on 10/25/2009 at 16:43
They need to start making them out of cardboard or wood , then people will have something to burn for heat when electricity, heating oil double in price because of obmas elcrapo and trade. Another BALLOON BOY foney attempt at destroying the United States of America.BY jake2 on 10/25/2009 at 17:53
Buy a Ford.BY Albert E. on 10/26/2009 at 03:54
The big announcement? Joe is engaged to WH PressSec Robert Gibbs.BY Jamie on 10/26/2009 at 08:56
He is going to announce that a European Automaker FISKER from Finland is building an electric car at the plant…this is an asset from the old GM, so the old GM bondholders get the proceeds from the bankrupt old GM…lucky if 1/3 of the jobs coe back to the plant.BY Bart Simpson on 10/26/2009 at 11:11
Neoconservative s like Jake2 want this country to fail. Otherwise he wouldn't comment his absurd extremist rhetoric on every single thread. There's Jake2's all over the internet, too. It's a shame so many Republicans want this country to fail for political reasons. Shame shame shame.BY Ethan on 10/26/2009 at 12:58
Dear JON, the UAW only assembles the quality that is engineered into the vehicle by its designers, in other words, give them crap to assemble and when it's assembled it's still crap. Don't blame the assembler. Blame the designers and engineers. You also need to learn something about quality in your spelling.BY Terry on 10/26/2009 at 16:50
They could afford to build quality cars if it wasn't for the labor costs put on them by the UAW.BY Snoop on 10/26/2009 at 20:40
Announcement is he going to announce his retirement??Or that he will refrain from speaking in public??? Hopefully.BY bailedout on 10/26/2009 at 23:34

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