DETROIT (AP) — Former U.S. auto task force head Steven Rattner says General Motors and Chrysler have performed better than he expected they would a year ago.
He says both companies have exceeded the federal government's metrics in sales and restructuring.
He made his remarks before speaking Monday to a conference on the auto industry at the Detroit branch of the Federal Reserve.
Both GM and Chrysler received billions in federal aid and went through bankruptcy protection last year.