The president called for tougher fuel-efficiency standards Monday and may let states regulate vehicle emissions of greenhouse gases.
Sales of trucks at some dealerships jumped by more than 30 percent in December.
The US is a late entry, but new domestic projects are revving to go.
The deal will allow the struggling Chrysler to manufacture more fuel-efficient cars using Fiat's technology
Inauguration Day was a lens through which many interpreted their own stories.
Amid doubts about government efforts, Congress was expected to vote on reserving $50 billion in TARP funds to help with home losses.
He aims to expand access to the remaining $350 billion in TARP funding.