Cars
A new poll administered by Peter D. Hart Research Associates for General Motors says that 55% of the 804 U.S. citizens that took part in the survey back a $25 billion federal bailout (in loans) to American automakers "so they have the money to manufacturer vehicles". Thirty percent of the respondents said that the government shouldn't give a loan to the 'Big Three' while 15% weren't sure. The results from the Hart poll stand in contrast to a USA TODAY / Gallup poll (see here) that was published earlier this week and showed that 47% of Americans believe "providing loans and other help" to auto companies is "not very important."
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- Bailout Execs Criticized For Receiving Big Salaries, Some Claimed They Couldn't Survive With $500k…
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- New Study Says That Every Gm Vehicle Sold In The States Costs Taxpayers $12,200 - In Theory...
It's 'bailout talk' time again as a new study that was conducted by Thomas D. Hopkins, a Professor of Economics at Rochester Institute of Technology, for the 362,000-member strong National Taxpayers Union (NTU), finds that the American taxpayer...
- Ford, Gm And Chrysler Seek $6.8 Billion Government Loan From Canada
Having already appealed to the U.S. Congress for an emergency bailout, Detroit's Big Three are now stretching their hands across the border to Canada seeking billions of dollars in loans and credit lines. Ford Motor Company delivered its plan to the...
- Survey: Why Don’t Americans Prefer Domestic Brands?
Japanese firms are dangerously closing up the sales gap between them and the domestic car-makers in the US market, but that’s something we all know. We all probably know the main reasons why: poor quality and reliability. Still though it’s...
Cars
New Poll Shows That 55% of Americans Support Bailout
A new poll administered by Peter D. Hart Research Associates for General Motors says that 55% of the 804 U.S. citizens that took part in the survey back a $25 billion federal bailout (in loans) to American automakers "so they have the money to manufacturer vehicles". Thirty percent of the respondents said that the government shouldn't give a loan to the 'Big Three' while 15% weren't sure. The results from the Hart poll stand in contrast to a USA TODAY / Gallup poll (see here) that was published earlier this week and showed that 47% of Americans believe "providing loans and other help" to auto companies is "not very important."The Hart poll, conducted Nov. 11-12, also showed that 64% of the people that participated in the survey agreed with Obama that one of his first economic priorities as president is to ensure that the American automobile industry continues to be able to operate and that he favors an economic assistance program to help them. As for whether or not America's automakers will face bankruptcy without government help, 60% answered yes compared to 22% who said no. (Picture: Carscoop)
Click on the pictures to see the full survey results
Source: GM -&- Peter D. Hart Research Associates
- Gop Budget Committee Wants To Axe All “green†Loan Programs And High-speed Rail Funds
Five years ago, U.S. President at the time George W. Bush created the Advanced Technology Vehicle Manufacturing Program. It was a legislation providing up to US$25 billion of low-cost government loans to automakers in order to restructure their facilities...
- Bailout Execs Criticized For Receiving Big Salaries, Some Claimed They Couldn't Survive With $500k…
On Tuesday, the Office of the Special Inspector General charged with auditing the government's Troubled Asset Relief Program (TARP), which bailed out among others General Motor and the Chrysler Group, came out with a report criticizing the U.S. government...
- New Study Says That Every Gm Vehicle Sold In The States Costs Taxpayers $12,200 - In Theory...
It's 'bailout talk' time again as a new study that was conducted by Thomas D. Hopkins, a Professor of Economics at Rochester Institute of Technology, for the 362,000-member strong National Taxpayers Union (NTU), finds that the American taxpayer...
- Ford, Gm And Chrysler Seek $6.8 Billion Government Loan From Canada
Having already appealed to the U.S. Congress for an emergency bailout, Detroit's Big Three are now stretching their hands across the border to Canada seeking billions of dollars in loans and credit lines. Ford Motor Company delivered its plan to the...
- Survey: Why Don’t Americans Prefer Domestic Brands?
Japanese firms are dangerously closing up the sales gap between them and the domestic car-makers in the US market, but that’s something we all know. We all probably know the main reasons why: poor quality and reliability. Still though it’s...