This according to the National Taxpayer’s Union report “ The Auto Bailout: A Taxpayer Quagmire,” authored by Rochester Institute of Technology Professor of Economics, Thomas D. Hopkins. That number includes the $52.9b taxpayer “investment” in General Motors, as well as GM’s portion of the GMAC bailout, which brings GM’s taxpayer tab to over $60b. Chrysler’s GMAC-inclusive bailout bill totals $17.4b, or $7,600 per vehicle, based on estimated 2009/2010 sales. Don’t believe that GM or Chrysler will match their projections over the next twelve months? The NTU estimates that total government support for the auto industry comes out to $800 per taxpaying American family. These numbers do not include the Cash for Clunkers program, likely future bailouts of GMAC (projected at a further $2b), or Department of Energy retooling loans (ATVML). These numbers also do not reflect the very real possibility that GM, Chrysler and GMAC could continue to drain taxpayer money post-2010. “For each year of survival beyond 2010,” the report warns, “the burden per vehicle would decline [Ed: but not disappear] – so long as no additional government funding is provided.”
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- Legacygt Great review. I've only driven one Wilderness model (an Outback provided as a dealer loaner) and I found the handling a little sloppy on-pavement. It's good to hear they managed to give the Crosstrek the Wilderness treatment without hurting the on-pavement experience.And this is the first time I've read a review that dared to criticize Star Tex seats. I find the material interesting and low maintenance and fairly comfortable but I totally agree that it rates very poorly for breathability. It's so bad that I think Subaru should offer it with some sort of ventilated option. 5 minutes on a hot day and you're sitting in a pool of sweat.
- Analoggrotto Too bad they don't sell Kia Telluride, the greatest selling vehicle in it's class over the pond in the UK who burned Washington DC down but that's ok.
- Analoggrotto Kia Telluride never faced such problems and now offers a superior offroad trim for those times where soccerdad needs to go get the white claws from costco.
- Zerofoo There's a joke here somewhere about Tim's used car recommendations, Tassos, and death traps.
- Tassos Subaru really knows how to take fugly to ever higher levels, and sell every one of the (of course very few) it makes. As if the number of sales negates the fugliness.Don't hold your breath. I bet this will NOT be the vehicle James Bond arrives at the Casino in Monte Carlo with in his next flick. (if any)