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October 6, 2009

Graph of the Day for October 6, 2009

By Randall Hoven

"The extraordinary reaction to the 'Cash for Clunkers' program demonstrates that consumers do want to purchase more fuel efficient, less polluting vehicles."

 - Senators Dianne Feinstein (D-CA) and Susan Collins (R-ME).




Source:  Joe Weisenthal and Kamelia Angelova at the Business Insider. 


Hoven's Index for October 6, 2009


Projected Troubled Asset Relief Program funding of GM, Chrysler, GMAC and Chrysler Financial through June 2009: $79.3 billion.  (Source: Statement of Neil Barofsky, Inspector General of TARP, of July 21, 2009. )


GM ownership today:  US Government, 60.8%; United Auto Workers Union, 17.5%; Government of Canada, 11.7%.  (Source:  Edmunds AutoObserver.)

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