No one in his right mind would finance a new car even if he can get credit out the rear, only to have it repo'd within a year when he loses his job, and then be responsible for the difference between what he owes and what some wholesaler bought it for.
What the Big 3 want is sales like they had before the mortgage crisis and gas crisis. Who doesn't? Not happening. Ever.
The solution is "drill here, drill now". Lower the cost of energy. Prices will drop. People will have money to spend again. Send the stinking environmentalists and global warming nuts packing. They are killing the economy. That's not how socialists think. They think government can solve everything by throwing money around...even when then don't have any.