Consumer Would Still Purchase a Car from a Bankrupt Company
The main argument against bankruptcy for the auto industry has been the notion that consumers wouldn’t buy a car from a bankrupt car company.
Well a new USA Today/Gallup poll proves that notion wrong.
But the USA TODAY/Gallup Poll says otherwise. The survey of 1,008 adults Friday to Sunday found that 82% would at least consider a Detroit-brand vehicle. Of those, 67% would do so even if the company were in bankruptcy court.
So I guess we can throw that argument out the window. So what argument do they have left?
–jb
America’s Early Christmas Gift: Bailout on December 19th, 2008
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