Obama Urges US Automakers To Building More Fuel-Efficient Cars

Detroit (AP) -- Senator Barack Obama says the US auto industry needs some help in shifting its emphasis from bigger and faster to more fuel-efficient technology.

The Democratic presidential candidate will outline that goal in an afternoon speech before Detroit business and political leaders.

He hopes the government can encourage domestic automakers to make fuel-efficient hybrid vehicles by giving them health-care assistance for retirees. His plan also would require automakers to invest half of their health-care savings into technology to produce those vehicles.

In his prepared remarks, Obama says that, while the big three US automakers are "hemorrhaging jobs and profits," the foreign competition is addressing what he calls "the rising global demand for fuel-efficient cars."

Copyright 2007 by the Associated Press. All rights reserved.


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