By Leftlane Staff
Wednesday, Dec 28th, 2005 @ 4:20 pm

While many analysts have called on General Motors to file for bankruptcy to hasten its restructuring, GM executives have been particularly resistant to the idea. And perhaps for a good reason. Nearly three-quarters of Americans surveyed said they wouldn’t buy a car from a bankrupt company, according to Motor Trend. In a nationwide survey by the Cincinnati-based research firm Directions Research, published Friday, only 26 percent of respondents said they would purchase or lease a new car from a manufacturer that had declared bankruptcy. Among other findings, 28 percent of those surveyed said they would consider purchasing a car from a Chinese company if it started selling in the United States. Only 15 percent of respondents said they would purchase a car from an Indian company.

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