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Obama: Tough decisions on autos are paying off

DETROIT, July 30 (Reuters) - U.S. President Barack Obama said on Friday the U.S. auto industry has a long way to go, but some of the tough decisions made to restructure the companies are paying off.

"We've got a long way to go but we're beginning to see some of these tough decisions pay off," Obama said in a speech at a Chrysler plant.