With 115,000 new jobs and Chrysler's $7.5 billion recent loan repayment to the government, the White House is encouraged by the auto industry's comeback.
President Barack Obama traveled to Ohio Friday to visit Chrysler Group's Toledo Supplier Park, which employs more than 1,700 workers producing Jeep Wranglers, Jeep Liberties and Dodge Nitros. Two years ago, Chrysler filed for bankruptcy.
On June 1, 2009, General Motors also filed for bankruptcy and received $30 billion in support from the federal government to stay in business.
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