Article: Auto bailout not an end-all cure Investors-conference participants get sobering forecast from manufacturers

A government bailout of the U.S. automotive industry is probably coming but won't be enough to solve the industry's problems, Johnson Controls Inc. executives said Wednesday.

"You still have to find a way to get consumers to buy vehicles," Johnson Controls chairman and CEO Steve Roell said at an investors conference sponsored by Robert W. Baird & Co.

Congressional Democrats are pushing legislation to send $25 billion in emergency loans to the beleaguered Big Three car companies.

House Speaker Nancy Pelosi (D-Calif.) and Senate Majority Leader Harry Reid (D-Nev.) hope for quick passage of the auto bailout during a postelection session that begins Monday.

The industry is buckling under tight ...

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