26% Likely To Buy or Lease a Car This Year
Twenty-six percent (26%) of Americans say they are at least somewhat likely to buy or lease a car in the next year. Just 12% say they are very likely to do so.
Twenty-six percent (26%) of Americans say they are at least somewhat likely to buy or lease a car in the next year. Just 12% say they are very likely to do so.
On the heels of Ford’s better-than-expected third quarter profits and its promise of solid profitability by 2011, 68% of Americans adults hold a favorable opinion of the one company that passed on a government bailout. Ford continues to far outdistance public perceptions of General Motors and Chrysler.
Ask most Americans what car they definitely plan to buy next, and, perhaps surprisingly, General Motors edges Ford and Toyota. But Toyota is the one most folks are willing to at least consider.
A new government report concludes that taxpayers are unlikely ever to be repaid for much of the bailout money already given to General Motors, but 57% of Americans believe it’s likely the government will have to provide even more bailout funding to keep GM in business. That figure includes 23% who say an additional funding request is very likely.
General Motors is now promising a 60-day money-back guarantee to all purchasers of its cars and trucks, and 14% of Americans say they are more likely to buy a GM vehicle because of it.
Thirty-five percent (35%) of American adults say the federal "cash for clunkers" program was good for the U.S. economy. The latest Rasmussen Reports national telephone survey shows that 23% say the program hurt the economy, and 27% say it had no impact. Another 15% are not sure.
As General Motors experiments with selling new cars on E-Bay, 20% of American adults say they would buy a new car online. A Rasmussen Reports national telephone survey found that 68% would not.
Fifty-four percent (54%) of Americans oppose any further funding for the federal “cash for clunkers” program which encourages the owners of older cars to trade them in for newer, more fuel-efficient ones.
A Rasmussen Reports survey conducted in mid-June showed that 17% of Americans were Very Likely to take advantage of the “Cash for Clunkers” program. Another 18% said they were Somewhat Like to do so.
Most Americans still have a much higher opinion of the one Big Three automaker who didn’t ask for a government bailout, while views of the two companies that did get bailed out continue to go down.
Public opposition to the auto bailouts may translating into consumer buying decisions, with 46% of Americans now saying they are more likely to buy a car from Ford because it did not take government money to stay in business.
General Motors laid out a plan in bankruptcy court Thursday that includes an Initial Public Offering of stock next year.
Congress now has sent its “Cash for Clunkers” bill to President Obama to sign into law, but most Americans oppose the plan to encourage people to trade in old cars for new, more fuel-efficient models.
Twenty-eight percent (28%) of Americans say it’s at least somewhat likely that they will be personally impacted by the closing of General Motors and Chrysler dealerships across the country. But just nine percent (9%) say it’s very likely, according to a new Rasmussen Reports national telephone survey.
Eighty percent (80%) of U.S. voters want the government to sell its stake in General Motors and Chrysler as soon as possible.
Just 33% of Americans think it is even somewhat likely that the federal government will ever get back the $50 billion in bailout funds it has advanced to General Motors to keep the company in business. Only 11% say it’s very likely.
Forty-one percent (41%) of Americans expect the quality of General Motors cars to get worse now that the federal government is the majority owner of the bankrupt automaker.
Only 42% of those who currently own a General Motors car are even somewhat likely to buy a GM product for their next car. That figure includes just 30% who are Very Likely to do so.
Twenty-six percent (26%) of American adults believe it was a good idea for the federal government to take ownership of General Motors as the auto giant was on the verge of collapse. Nearly as many--17%--say that Americans should protest the bailout by boycotting GM and refusing to buy its cars. Most Americans are somewhere in between.
General Motors for decades has been the symbol of U.S. industrial might. “What’s good for General Motors is good for the country” is a quotation that has lingered in the popular imagination since it was first said over 50 years ago. And the truth is, at its high point in 1962, GM had 51 percent of the car and truck market to itself.