9 Detroit Vehicles That Prove the Auto Bailout Was a Success
Joe Biden said he was “like a kid in a candy store” at the 2014 Detroit Auto Show. The jolly Vice President of the United States bounded through the exhibits of U.S. automakers at the annual event, trying out different sports cars and sitting behind the wheel of brawny pickup trucks from the area’s iconic manufacturers.
Yet it was more than a romp for Biden. The vice president came to take a victory lap with automakers at the close of a controversial U.S. government policy of the recession era: the auto industry bailout. As Biden checked out vehicles from Detroit companies formerly known as the Big Three, he basked in the success of the move that saved millions of jobs, over $300 billion in personal income, and the wellbeing of an entire region at the final cost of $10 billion.
“We bet on American ingenuity; we bet on you and we won,” Biden told the Detroit Auto Show crowd. “American cars and trucks are once again changing the game…The truth is we’re not only back, we’re back stronger.” Here are nine Detroit automobiles that back up the claim the U.S. auto industry bailout was a success.