Auto industry executives overwhelmingly prefer Sen. John McCain for president over Sen. Barack Obama and Sen. Hillary Clinton while maintaining a pessimistic outlook for the industry overall, according to a survey performed by Detroit-based law firm Dykema Gossett PLLC, the details of which were published in the Detroit News.
Some 70 percent of the 46 CEOs and corporate officers surveyed see McCain as the candidate that would have the most positive impact on the industry, with 57 percent seeing Obama as the candidate that would have the most negative impact. However, none of the three major candidates is seen as "pro-automotive."
The Bush administration has not exactly been a friend of the automotive industry either, as Motor Trend Detroit editor Todd Lassa has often pointed out in his blog.
On policy issues, 32 percent put energy policy at the top, 19 percent listed tax increases, and 16 percent cited the green movement.
Additionally, the survey found that 87 percent of the respondents have a negative outlook for the industry this year, with the remaining 13 percent having a neutral outlook and not one having a positive outlook.
Do you agree with thes findings?