MSNBC’s Schultz and Sharpton Falsely Claim Janesville Plant Closed Under President Bush to Slam Ryan « The Greenroom Obama could not have saved Janesville GM plant. It closed before he took office. FACT CHECK: Obama promised and failed to keep Janesville GM plant open | WashingtonExaminer.com 6. In September 2011, more than two years after Obama was inaugurated, GM reiterates that Janesville plant is on stand by status. Auto industry observer David Cole, tells the Milwaukee Journal-Sentinel it would be premature to say the Janesville plant will never reopen. But it hasnt even with the great GM bailout! Obama could not have saved Janesville GM plant. It closed before he took office.