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Graduates from Columbia University's School of Business hold a sign during the university's commencement ceremony in New York, May 16, 2012. REUTERS/Keith Bedford

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Members of the U.S. Navy Blue Angels fly over the World Trade Center in lower Manhattan as part of the 25th annual Fleet Week celebration in New York, May 23, 2012. REUTERS/Eduardo Munoz

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Shreen Mohammad sits with other recruits during a military exercise at the Kabul Military Training Center (KMTC) in Kabul March 28, 2012. A landmark NATO summit in Chicago endorsed an exit strategy that calls for handing control of Afghanistan to its own security forces by the middle of next year but left questions unanswered about how to prevent a slide into chaos and a Taliban resurgence after allied troops are gone. Picture taken March 28, 2012. REUTERS/Omar Sobhani (AFGHANISTAN - Tags: POLITICS MILITARY SOCIETY) ATTENTION EDITORS: PICTURE 18 OF 27 FOR PACKAGE 'AFGHAN ARMY RECRUIT'

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GM plant closings show Detroit "adapting": White House

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WASHINGTON | Tue Jun 3, 2008 12:26pm EDT

WASHINGTON (Reuters) - The White House said on Tuesday that General Motors Corp's plan to close some of its plants shows that the U.S. auto industry is "adapting well"

and laying the groundwork for a recovery.

"It's a sign that Detroit continues to adapt and evolve and address the change in consumer tastes and attitudes," White House spokeswoman Dana Perino told reporters after GM announced steps to cut jobs, costs and its exposure to slow-selling trucks and SUVs in response to a rise in gasoline prices.

"They're adapting well and they'll make these changes and hopefully be able to pull themselves up out of what has been a rough several years," she added.

(Reporting by Matt Spetalnick, editing by Gerald E. McCormick)
U.S.
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