President Obama told 12,000 Detroiters at a Labor Day event in downtown Detroit this afternoon that Detroit produces "the best cars in the world." What follows is a complete recitation of the speech he gave, unedited and provided to TorqueNews.com by the White House.

On October 2, 1913 The Washington Post published an ad for Chevrolet featuring the now famous bowtie shape with the words "Look for this nameplate" over the emblem – 100 years after the company’s incorporation, this trademark is one of the best-known automotive symbols in the world.

When President Obama came and left my hometown of Detroit, the hub of the auto world, this Labor Day, it reminded me that when a president visits, there is no such thing as freedom of the press. The president's minions make sure of that. They set limits and rules, and we capitulate. Most journalists consider it a privilege to cover the president, no matter what the story is. It is a privilege. But it's also a pain in the butt.

Texas celebrated Labor Day Weekend with a raise in its speed limit to a maximum of 75 miles per hour in most areas, but 85 miles an hour in some rural areas per Texas House Bill 1201. This is giving many something to celebrate, for now it will not take 3 hours to get across the state anymore.

China is becoming a country that is focusing on producing more fuel-efficient and eco-friendly automobiles. These vehicles include more technologically advanced gasoline-electric hybrids and all-electric cars.

Labor Day Weekend marks the end of summer the end of the National Impaired Driving Crackdown initiative. This major law enforcement crackdown runs this year from August 19, 2011 to September 5, 2011.

Mini will finally bring its much-anticipated two-seater Cooper Coupe to the 2011 Frankfurt Motor Show for all the world to see in person, along with a few other Mini special editions.

Aston Martin, often called the world’s most elegant luxury vehicle, has just come out with a new Mobiado phone with an expensive price. Mobiado has launched its new innovative Grand 350 Aston Martin phone.

Labor Day 2011 in America should reflect a nation filled with free market enterprises unshackled by government abuse, legislative uncertainty, extended tax burdens and the expediency of politics whereby jobs and lives are dealt as pawns.

Honda issued a statement early this Labor Day morning saying that due to safety concerns it will voluntarily recall about 90,000 2006 CR-Vs and 2011 CR-Zs that were sold in the United States. A total of 962,000 vehicles are included in a larger, worldwide recall that adds the Fit to the mix, according to reports from the Associated Press, Bloomberg and the Washington Post.