Politics, Government Ownership of Auto Companies and Your Next Car Purchase
Will the change in ownership of General Motors and Chrysler have an impact on the buying habits of our readers? Will significant government ownership will result in management decisions by these companies that reflect the administration’s political agenda?
According to last week’s survey, government ownership will have a substantial impact on the future buying decisions. In response to the initial question "Do you currently own a car manufactured by GM, Chrysler or Ford?", 66% of those responding indicated that they did own one of these cars.
Most of our readers work for the federal government or are retired from the federal government so they are often closer to the political process than most Americans.
Readers think that the future decisions made by the company will reflect the administration’s political agenda. 69.4% say that future company decisions will reflect a political agenda; 16% say that decisions made by GM and Chrysler will not reflect a political agenda; and 14.7% are undecided.
Government Ownership and Purchasing Your Next Car
It is the response to the second question that may indicate problems for the American automobile industry. In response to the question: " General Motors and Chrysler will have significant government ownership in the near future. Will this change influence your selection when you buy your next new car?" 47.65% said they would not consider buying a GM or Chrysler car. 5.6% say they are more likely to buy a GM or Chrysler and 37.2% are undecided.