Contents


HOME


The Big Three

Chrysler

Ford

General Motors


Implode News

Foreign Automakers

UAW - Union News

Supplier News

Federal Bail-Out News

Auto Dealerships


General News

The Good News

The Bad News


Implosions


Rick Wagoner

Rick Wagoner



Grace Church

Grace Temple


GM Workers

GM Workers


Federal Bail Out Programs


Federal Loan and Government Bail Out Program Stories

December 8, 2008 - CBS News Poll

 

Poll: Americans Split On Big 3 Bailout - While a majority of Americans believe that bankruptcy for U.S. automakers would have a major impact on the economy, they are evenly split about the prospect of government financial assistance for the big three. Bail Out Big Three
Full Story - Below
 

While a majority of Americans believe that bankruptcy for U.S. automakers would have a major impact on the economy, they are evenly split about the prospect of government financial assistance for the big three, a new CBS News poll finds.

Forty-five percent of those surveyed approve of government assistance for Ford, General Motors and Chrysler, while nearly as many - 44 percent - disapprove.

There is more consensus when it comes to the conditions of any bailout. More than two in three say that if taxpayers do help automakers, the government should have a say in how the companies are managed.

That could have something to do with whom Americans blame for automakers' current problems: While 28 percent say the companies' struggles are due to conditions beyond their control, a far greater percentage - 56 percent - blame management decisions.

Read The Complete Poll

And asked if the government should require U.S. automakers to produce more alternative-fuel cars in exchange for assistance, 66 percent said yes.

Despite the divided views on assisting automakers, fifty-five percent predict there would be a major impact on the economy if the companies go out of business. Thirty-five percent say there would be a minor impact, while eight percent say there would be little or no impact.

The automakers' economic struggles may be having a negative impact on their sales. Thirty-one percent of those surveyed say the companies' economic problems make them less likely to purchase a car from U.S. automakers.

Only 11 percent of those surveyed say the companies' economic struggles make them more likely to buy cars from the automakers. Fifty-five percent say it makes no difference.

Read The Complete Poll

Original Story - CBS News