IndustryWeek (1/27, Szczesny, France-Presse) – Cash-strapped U.S. automakers took a U-turn on Jan. 26 and welcomed a move by President Barack Obama to potentially tighten emissions standards in the hope that it will free up research funds and simplify a patchwork of U.S. regulations. "Our goal is not to further burden an already struggling industry; it is to help America's automakers prepare for the future," Obama said. "As we move forward, we will fully take into account the unique challenges facing the American auto industry and the taxpayer dollars that now support it."
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