Oct. 13 - Obama focuses on auto bailout in weekly address highlighting strength of industry, underscoring rival Romney's opposition to industry rescue. Deborah Lutterbeck reports.
As U.S. President Barack Obama is preparing for a crucial second debate against rival Republican Mitt Romney, he is touting the benefits of the U.S. auto industry bailout -- one of his signature actions as President -- in his weekly address (SOUNDBITE) (English) UNITED STATES PRESIDENT BARACK OBAMA, SAYING: "We refused to let Detroit go bankrupt. We bet on American workers and American ingenuity, and three years later, that bet is paying off in a big way. Today, auto sales are the highest they've been in more than four years. " Obama is reminding voters that he came to the industry's rescue -- while opponent Romney had opposed government help for automakers.