With members of his automotive task force looking on, U.S. President Barack Obama makes remarks on the American Automotive industry in the Grand Foyer of the White House in Washington, June 1, 2009. General Motors Corp filed for bankruptcy on Monday, forcing the 100-year-old automaker once seen as a symbol of American economic might and dynamism into a new and uncertain era of government ownership. REUTERS/Jason Reed (UNITED STATES POLITICS BUSINESS TRANSPORT)