US: Consumers would avoid bankrupt automakers - survey
If push comes to shove, what would consumers make of an automaker that is bankrupt but still operating? It's an uncomfortable question. Automaker executives such as GM's Rick Wagoner believe it would worsen prospects as consumers' confidence in the company erodes. But some lawmakers in Washington believe it might be necessary, if severe, medicine that might allows a failing automaker to truly tackle structural problems.
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