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World Map / Upcoming Elections / US Presidential election 2016 / US Election Updates / Automakers ban campaign visits by Obama and Romney

2016 Presidential Election
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US Election Updates - August 29, 2012

Automakers ban campaign visits by Obama and Romney

General Motors and Chrysler, two American automakers that received billions of dollars in government funds to rise out of the recession, have said they will not allow presidential candidates to make campaign visits to their plants.

President Barack Obama often highlights the financial health of both GM and Chrysler and has appeared several times at factories of both companies during his presidency.

Although the federal government still owns 26 percent of GM's shares, Obama cannot go to a GM plant until after the November 6 polls, GM said.

According to a company spokesperson, GM's policy has been to not allow campaign stops at its plants since it became a new company in 2009 after the former GM went into bankruptcy protection and emerged following a $49.5 billion bailout from the U.S. Treasury.

GM added it does not want to be the focus of attention for the auto bailout during the presidential campaign.

Meanwhile, Chrysler, which has paid off its government loans, said in a statement: "This fall, Chrysler will not host campaign events inside its facilities. The company is focused on meeting production demands."

Ford, which did not require a bailout, also said it would not allow presidential campaign visits.

"We do allow current government officials to visit our plants at any time for educational purposes, and we provide educational opportunities for candidates in a non-partisan manner so they can learn more about auto manufacturing. As a highly-regulated, complex industry, it is important that government officials understand our business as they consider public policy," Ford said in a statement.