Posted in Auto News, Automotive Stimulus Program, CARS Program (Cash for Clunkers) on Aug 21st, 2009
If you are looking to take advantage of the Cash for Clunkers (CARS) program, don’t delay the program is scheduled to end Monday at 8 p.m. EDT. Through Tuesday, auto dealers have made deals worth $1.9 billion and the incentives have generated more than 457,000 vehicle sales. Many dealers will not accept clunkers from consumers [...]
Posted in Auto News, Automotive Stimulus Program, CARS Program (Cash for Clunkers), dealerships on Aug 17th, 2009
Leading U.S. automotive retailers recently launched a dealer funded stimulus program to provide up to $4,500 in incentives to compliment the government’s program Cash for Clunkers (CARS Program) and to compensate for some of the gaps that don’t allow consumers to purchase pre-owned vehicles or chose a short term lease. Under the dealer funded Automotive [...]
Posted in CARS Program (Cash for Clunkers) on Aug 7th, 2009
Consumers are trading clunkers, mainly gas guzzling trucks and SUVS, for smaller more fuel efficient cars at a higher than usual rate. The current top trade in in the ‘Cash for Clunkers’ program (CARS Program) is the Ford Explorer. The Toyota Corolla is the top selling car. But the ‘Clunker’ program may be generating [...]
Posted in CARS Program (Cash for Clunkers) on Jul 31st, 2009
Almost undone by its own success, the government’s “cash for clunkers” program was almost out of money when the House passed legislation that contributed an addtional $2 billion to the program. The fate of the $1 billion Car Allowance Rebate System program (its official name) was up in the air late Thursday over concerns it [...]