Speaker Pelosi Gets Electric Vehicles Rides
Detroit -- If seeing is believing, American car makers at the North American International Auto Show in Detroit finally got a chance to try to put that belief to a test. During the first day of the show's press preview Monday, U.S. House Speaker Nancy Pelosi, accepted the invitation of Representative John Dingell (D-Michigan, 15th District) to visit the Motor City and find out first hand about the transformation in the U.S. auto industry that Congress helped to bring about last year through bridge loans.
Among the auto company showcases were those for General Motors Co., the "new" GM that emerged after accelerated bankruptcy proceedings late last Spring, and Chrysler Group LLC, the surviving auto entity following its earlier bankruptcy and acquisition by Fiat.
If Peloisi's reaction was any indication, it was an eye-opening experience at a time some critics still feel the move to provide financial support to the two struggling auto makers was merely putting good money after bad. Armed with the support of a bipartisan delegation, Pelosi side-stepped a formal press conference for the moment to get a hands-on preview of some of the upcoming technology that promises to reshape the auto industry worldwide. Those include developments from GM that have been in the works for decades, such as hybrids, fuel cell vehicles and the upcoming, highly touted Chevrolet Volt plug-in electric sedan.
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