Monday, March 9, 2009

GM, Chrysler Approval Declines Among U.S. Adults, Survey Finds

March 8 (Bloomberg) -- General Motors Corp. and Chrysler LLC, the U.S. automakers surviving on government aid, hold less favorable opinions among American adults than the companies did a month ago, according to a survey.

About 32 percent of adults have a favorable view of GM, compared to 42 percent last month, according to a national telephone poll conducted by Rasmussen Reports and published online today. Around 33 percent of survey respondents have favorable views of Chrysler, down from 36 percent a month ago.

GM has lost $82 billion since the company's last annual profit in 2004 and is attempting to restructure operations out of court to avoid filing for Chapter 11 bankruptcy. Chrysler, majority owned by Cerberus Capital Management LP, has received $4 billion in U.S. loans and seeks an additional $5 billion.

Ford Motor Co. hasn't received aid and has a favorable opinion among 51 percent of adults, up from 49 percent last month.

The survey included 1,000 adults questioned from March 5 to March 6 and has a margin of error of plus or minus 3 percentage points, Rasmussen said.

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