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October 6, 2009

Graph of the Day for October 6, 2009

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




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.)