Read Larry Connors' blog – Short Term Trading Strategies
Five days later, the nation's collective mood changed. Sixty-three percent polled in a CNN-Opinion Research Corp. survey said they supported President Bush's loan of $17.4 billion to General Motors Corp. and Chrysler LLC. But just 28 percent said they would approve more federal money for the automakers.
"The opposition to any additional assistance may be a reluctance to spend more money that they think the government may never see again," one of the pollsters told CNN.
We believe it's more than that. Many people still complain about that Chevette or Cordoba or Pinto that wouldn't start or was always in the repair shop. Automakers, particularly in the public's perception of quality, are paying for the sins of the past.
Saturday, a few members of the Tribune's newsroom visited the Indiana Convention Center for the Indianapolis Auto Show. The Big Three vehicles on display would impress even a U.S. senator.
No automaker has more vehicles delivering at least 30 miles per gallon at the show than GM, and few are prettier than the Chevrolet Malibu. Its fit and finish rivals that of a low-production luxury car.
The Dodge Challengers and new Ram pickups are drawing large crowds -- and not just because of their segment-leading good looks.
The new RamBox -- storage compartments carved out of the sides of the truck bed -- reflects smart engineering. And the right-hand placement of the tachometer in the Challenger, as well as the rest of Dodge's performance lineup, makes shifting easier on drivers.
Ford's new pickups are show-stoppers. From the placement of dash gauges to the addition of steps to better retrieve items from the bed, Ford's attention to detail is easy to see.
If you doubt U.S. automakers are making the safest, most reliable and fuel-efficient vehicles in their histories, we encourage you to visit the Indianapolis Auto Show.
IF YOU GO:
--What: Indianapolis Auto Show.
--When: 11 a.m.-9 p.m. today; 11 a.m.-6 p.m. Wednesday and Thursday.
--Where: Indiana Convention Center, Indianapolis.
--Cost: Adults, $7; children, active military personnel, police and firefighters, free.
To see more of the Kokomo Tribune or to subscribe to the newspaper, go to http://www.kokomotribune.com. Copyright (c) 2008, Kokomo Tribune, Ind. Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.
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