Granholm calls auto industry crisis urgent

Tools

By WSBT News1

Story Created: Nov 12, 2008 at 8:26 AM EST

Story Updated: Nov 12, 2008 at 8:41 AM EST

WASHINGTON (AP) — Michigan Gov. Jennifer Granholm says the crisis in the auto industry is urgent, and the government needs to act quickly to help U.S. automakers stay afloat.

Granholm told CBS' "Early Show" on Wednesday that the auto industry supports one in 10 U.S. jobs. If the industry fails, she says, there would be a ripple effect in the country.

Michigan is the home of the domestic auto industry, which is suffering under the weight of poor sales, tight credit and a sputtering economy.

More Good Stuff

WSBT Weather

Current Temp 41.7

More Weather

WSBT Weather

More Weather

On Demand

iPhone
Get the WSBT News and Irish Sports Report apps for your iPhone! Read more »
On DVD
Order a DVD of a WSBT news story! Read more »
Twitter
Follow us on Twitter! Read more »
Facebook
Connect with us on Facebook! Read more »
WSBT E-News
Daily StormTracker e-mails right to your Inbox! Read more »
Video On Demand
Miss a story on WSBT News? Watch it here! Read more »
CBS Shows
Watch CBS shows and news online, free! Read more »
WSBT Alert
Breaking News & Weather right to your cell phone! Read more »
Mobile
WSBT News on the go for your cell phone or PDA. Read more »
RSS Feeds
Get news and updates as soon as they're published. Read more »

Stock Quotes

YouNews

This content requires the latest Adobe Flash Player and a browser with JavaScript enabled. Click here for a free download of the latest Adobe Flash Player.