Obameter: | PolitiFact

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Invest $50 billion in auto manufacturing facilities for fuel efficient vehicles

Will provide "support to domestic automakers to invest $50 billion to retool their manufacturing facilities in America to produce [fuel efficient] vehicles."

Obameter

Environment
Economy
Energy
Barack Obama

Not much additional funding since 2009

By Linda Qiu • December 12, 2016
No way to measure total private investment

By J.B. Wogan • August 31, 2012
Administration loans go to Ford, Nissan, Tesla

By Louis Jacobson • January 14, 2011
We add a new promise to the Obameter

By Catharine Richert • April 7, 2010

Clear

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Invest $50 billion in auto manufacturing facilities for fuel efficient vehicles

Barack Obama

Obameter

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Not much additional funding since 2009

No way to measure total private investment

Administration loans go to Ford, Nissan, Tesla

We add a new promise to the Obameter

Latest Fact-checks