Just 21% Favor GM Bailout Plan, 67% Oppose
Only 21% of voters nationwide support a plan for the government to bail out General Motors as part of a structured bankruptcy plan to keep the troubled auto giant in business.
Only 21% of voters nationwide support a plan for the government to bail out General Motors as part of a structured bankruptcy plan to keep the troubled auto giant in business.
With Chrysler in a government-supervised bankruptcy and General Motors expected to follow suit any day now, Ford is stretching its lead as the most highly regarded of the Big Three automakers.
Most Americans think the Ford Motor Company, the one Big Three automaker who won’t be run by the federal government, has the best chance of staying in business, but they also suspect the government won’t make it easy.
Forcing auto companies to make more fuel-efficient cars is fine, but Americans overwhelmingly believe it’s more important for the country to find new energy sources.
If the federal government becomes the majority owner of General Motors and Chrysler, most Americans (57%) believe it’s likely the government will pass laws and regulations giving those firms an unfair advantage over other car companies. That figure includes 37% who consider such preferential treatment Very Likely.
Just 18% of Americans think the United Auto Workers union and the federal government will do a good job running Chrysler and General Motors, according to a new Rasmussen Reports national telephone survey.
Barring a last-minute breakthrough, Chrysler appears headed for bankruptcy today as the only remaining way to stay in business, but just 25% of Americans say they would buy an automobile from a bankrupt automaker.
Forty-four percent (44%) of U.S. voters like the idea of a federal government guarantee of automobile warranties issued by companies that go out of business, according to a new Rasmussen Reports national telephone survey.
Americans have come a long way from the days when what was good for General Motors was seen as good for the country.
Voters have expressed little confidence in government management of the Big Three automakers, but most also felt senior managers of a company should be replaced if it is given taxpayer money to stay in business.
Only 12% of Americans say they would prefer to buy a car from an automaker who received a federal bailout.
Just 32% of American adults now have a favorable opinion of General Motors. That’s down ten points from 42% a month ago and down thirty-seven points from 69% two years ago.
Billions of taxpayer bailout dollars just don’t seem to be helping the image of America’s stumbling automobile industry. Sixty-three percent (63%) of Americans now say they wouldn’t buy a car from an automaker in bankruptcy, according to a new Rasmussen Reports national telephone survey.
Forget the national debate over more government loans for General Motors and Chrysler. Most U.S. voters (57%) say one of them is at least somewhat likely to go out of business over the next few years anyway.
General Motors and Chrysler are back this week seeking $22 billion more in federal help, but 64% of U.S. voters are opposed to providing any additional taxpayer-backed loans for the embattled automakers.
Americans have a much dimmer view of each of the Big Three automakers than they did two years ago, but 41% still believe the U.S. automobile industry is very important to the financial stability of the overall economy. That, however, is down from 49% in 2007.
Nearly half of U.S. voters (49%) oppose President Bush’s decision to extend $17.4 billion in emergency taxpayer-backed loans to the failing U.S. auto industry, according to a new Rasmussen Reports national telephone survey.
Fifty-three percent (53%) of U.S. voters say it is Very Likely that the Big Three automakers will be back for more government money next year even if Congress revives the $14-billion taxpayer-backed loan package defeated last night in the Senate.
Would you buy a car made by an auto manufacturer that was in bankruptcy?
Congress and the White House are fast reaching a deal on a bailout plan for the Big Three that many suggest is just a step short of nationalizing the U.S. auto industry since it gives the federal government a say in how the automakers spend their money and what kind of cars they build.