Better times ahead for US automakers -energy secretary

Newswire

By Tom Doggett WASHINGTON, Jan 24 (Reuters) - U.S. automakers are going through a temporary rough patch but eliminating thousands of jobs and overhauling product lines will make them more competitive in the long run, U.S. Energy Secretary Sam Bodman said on Tuesday. "It's the competitive pressures that are being brought to bear on these (auto) companies that ... will in fact make them better over time," Bodman told reporters at the Washington auto show. "But there will be a period of ...

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