Rick Wade, a member of President Obama’s Task Force on the Auto Industry, will address the 2009 Auto Finance Summit.
Wade, who is also the senior advisor and deputy chief of staff of the Department of Commerce, will speak on the future of the auto industry in the eyes of the federal government. The speech offers a unique opportunity to better understand the Obama administration’s plans for the auto industry.
Click here for more information about the Auto Finance Summit.
As of today news
March 03, 2009: 02:47 PM ET
2nd UPDATE: Auto Sales Continue Swoon In Feb; GM Down 53%
U.S. auto makers posted their biggest sales decline of the now-six-month plunge, as consumers with record-low confidence remain out of showrooms, threatening the companies’ viability.
General Motors Corp. (GM) posted a 53% drop, while Japan’s Toyota Motor Corp. (TM) and Ford Motor Co. (F) recorded drops of 40% and 48%, respectively.
Good speaker! What day and time will Mr. Wade speak?
Oct. 13 during the luncheon. His address will begin at around 12:40 p.m. PT.
Will Red Flags Rule be a part of the discussion?
I do not know, although I believe Mr. Wade will field questions from the audience.