DiscoverAutomotive News Daily DriveDec. 18, 2025 | Steven Rattner on 2009 auto bailout: "Everybody had to take pain"
Dec. 18, 2025 | Steven Rattner on 2009 auto bailout: "Everybody had to take pain"

Dec. 18, 2025 | Steven Rattner on 2009 auto bailout: "Everybody had to take pain"

Update: 2025-12-18
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Steven Rattner, who led the Obama administration’s auto rescue, reflects 16 years later on General Motors and Chrysler’s bankruptcies and addresses whether he’d do anything differently today. Plus, why Europe’s EV future remains intact despite this week’s combustion ban reversal— and what Ford dealers fear as the Escape goes away.

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Dec. 18, 2025 | Steven Rattner on 2009 auto bailout: "Everybody had to take pain"

Dec. 18, 2025 | Steven Rattner on 2009 auto bailout: "Everybody had to take pain"

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