Domestic Automobile Industry Revitalization Act

[AI summary unavailable — showing source text] Domestic Automobile Industry Revitalization Act - Title I: United States Automobile Industry Advisory Council and Formulation of a Comprehensive Domestic Automobile Industry Strategy - Establishes in the Department of Commerce the United States Automobile Industry Advisory Council to assist the Secretary of Commerce in formulating and implementing a comprehensive domestic automobile industry strategy. Directs the Secretary to formulate such strategy, including measures to: (1) reduce or offset tax and production cost advantages accruing to foreign motor vehicle manufacturers on domestic and foreign sales; (2) extend assistance to workers unemployed in the domestic automobile industry; (3) improve the availability of capital to the industry and credit to motor vehicle purchasers; (4) provide research and development assistance to the industry; (5) enhance the sales of the industry in interstate and foreign commerce; and (6) eliminate or reduce the cost disadvantages and market uncertainties resulting from misalinements and fluctuations in currency exchange rates. Sets forth analyses for the Secretary to carry out on a continuing basis to form data on which to base the strategy. Requ…