In fact, it was Obama who did the bailout of the auto industry, against the protestations of many in Congress.
"In late 2008, Chrysler and General Motors told America that they were in danger of folding. George W. Bush agreed to a temporary bailout, but handed the auto companies' long-term future over to his successor, President-Elect Barack Obama. Obama then shepherded a comprehensive bailout of the two companies that allowed them to stay in business but imposed numerous conditions that, it was hoped, would secure their viability and allow the companies to eventually return to profitability."  http://prospect.org/article/unpopular-successful-auto-bailout
I'm pretty sure that the comprehensive bailout, unpopular as it was with fiscal conservatives, was entirely Obama's baby in its major efforts. It is controversial to this day, as free market believers think it was a cardinal sin not to abandon the industry.