By Geneva Sands - 02/01/12 02:14 PM EST
"This is what I needed in high school," a smiling Obama said as he stepped out of a blue and black striped Ford Mustang Shelby GT500.
The president got a personalized tour of new electric and hybrid models from Ford, Dodge and General Motors, according to pool reports.
At the show, Obama touted the resurgence of cars manufactured in the United States.
"When you look at all these cars, it is testimony to the outstanding work that's been done by workers — American workers, American designers. The U.S. auto industry is back. The fact that GM is back, number one, I think shows the kind of turnaround that's possible when it comes to American manufacturing," Obama said.
He also took the opportunity to remind people about his support of the auto industry bailout.
"It's good to remember that the fact that there were some folks who were willing to let this industry die, because of folks coming together, we are now back in a place where we can compete with any car company in the world," he added.