In Europe, 'Cash for Clunkers' Drives Sales
Aug 8, 2009
In Europe, 'cash for clunkers' driving sales - but what happens when the money runs out? BERLIN August 8, 2009; Matt Moore writing for the AP reported that for months, European car buyers have been junking clunkers for cash, boosting automakers sales -- but making experts fear that once the government handouts stop, th ... Continue reading
Aug 7, 2009
AUTO CENTRAL - August 6, 2009: Shortly after the Senate's passage of the bill that will extend the Cash For Clunkers program by an additional $2 billion dollars, Edmunds.com' CEO Jeremy Anwyl issued a statement saying that he thinks that the ...... But, according to Marc J. Rauch, The Auto Channel's Co-Founder and Exec ... Continue reading
Additional $2 Billion for "Cash for Clunkers" Mistimed, Says Edmunds.com
Aug 7, 2009
SANTA MONICA, Calif.--The Senate today approved an additional $2 billion dollars to help fund the "Cash for Clunkers" program which allows consumers to scrap their older, less fuel-efficient vehicles and collect up to $4,500 toward the purchase of a new, more fuel-efficient vehicle. The Senate approved the vote 60-37. ... Continue reading
Cash for Clunkers Could Lead to Government Bulldozing Homes
Aug 7, 2009
FORT LEE, N.J., Aug. 7 -- The National Inflation Association today released the following statement to its http://inflation.us/ members: "The United States government's "cash for clunkers" program, which was just expanded by $2 billion on Thursday, exemplifies the stupidity of politicians in Washington today. It's insa ... Continue reading
"Cash for Clunkers" Deal is Peanuts Compared to Good Ol' Vehicle Maintenance
Aug 7, 2009
BETHESDA, Md., Aug. 7 /PRNewswire-USNewswire/ -- Routine vehicle maintenance for an entire year costs a consumer less than a single monthly new car payment and would be significantly more successful in reducing gasoline use and pollution than the "Cash for Clunkers" program, according to the Automotive Aftermarket Indu ... Continue reading
Aug 7, 2009
Detroit August 7, 2009; Consumers have already cast their vote and the CARS program is a clear winner. Our Customers and Dealers appreciate Congress' help in keeping the program's momentum going and providing the stimulus to put more clean, fuel efficient vehicles on the road. CARS is one program that has given consume ... Continue reading
Fence-sitters have made `cash for clunkers' a hit
Aug 7, 2009
Washington DC August 7, 2009; Dan Strumph writing for the AP reported that the people who have made "cash for clunkers" such a success were fence-sitters â a Virginia family wondering whether to keep pouring money into what they called the "dog car," a Colorado couple hanging on to their Ford in case the children ... Continue reading
Cash for Clunkers Tops $920 Million in Rebates
Aug 7, 2009
WASHINGTON, Aug 6, 2009; John Crawley writing for Reuters reported that the U.S. Senate approved and sent to the White House on Thursday a $2 billion extension of the "cash for clunkers" autos sales incentive program. The measure, approved by 60 to 37, extends the successful program that has raised sales of the U.S. au ... Continue reading
AIAM Praises Senate Support of Additional Funding for 'Cash for Clunkers'
Aug 7, 2009
ARLINGTON, Va., Aug. 6 /PRNewswire-USNewswire/ -- The statement below from Michael J. Stanton, President and CEO of the Association of International Automobile Manufacturers (AIAM), was released following the U.S. Senate's passage of H.R. 3435, a bill making supplemental appropriations available for fiscal year 2009 fo ... Continue reading
Carmakers Rush to Replenish Depleted Dealer Inventory
Aug 6, 2009
TRAVERSE CITY, Mich. August 6, 2009; Tom Krisher writing for the AP reported that under normal circumstances, it would take Ford Motor Co. about a month to replace a Focus sold at one of Richard Bazzy's two Pittsburgh-area dealerships. Today, with customers across the country clamoring to trade in old gas guzzlers unde ... Continue reading
Auto Dealers Applaud $2B Congressional Funding of 'Cash for Clunkers'
Aug 6, 2009
WASHINGTON, Aug. 6 Car shoppers and dealers across the country breathed a sigh of relief today when the Senate approved a House measure adding $2 billion to the wildly successful "cash for clunkers" initiative. The additional funds will allow dealers to continue offering consumers up to a $4,500 incentive to trade-in a ... Continue reading
U.S. Senate Approves Additional $2 Billion To Keep Cash For Clunkers Rolling
Aug 6, 2009
Senator McCain Suggests that Cash for Golf Clubs is as important as reinvigorating the auto industry. After Republican naysayer's tried to add an amendment that would kill the bill and other speeches and anti-Cash for Clunkers rhetoric including Senator McCain's(R-AZ) bad joke suggesting that Cash for Golf Clubs would ... Continue reading
Kelley Blue Book Market Report: Cash for Clunkers to Cause Used-Car-Value Bubble
Aug 6, 2009
August Kelley Blue Book Market Report Offers Forecast of Used-Car Industry After Cash for Clunkers IRVINE, Calif., Aug. 6 -- Kelley Blue Book, www.kbb.com, the leading provider of new car and used car information, today reveals possible effects of the Cash for Clunkers program on the used-car industry as reported in th ... Continue reading
"Cash For Clunkers" Rewarding Consumers With Up To $4.5k For Turning In Old Vehicles - VIDEO STORY
Aug 6, 2009
DETROIT - August 6, 2009: After more than a year of declining car sales and closing dealerships, the auto industry may be getting a second wind. With the success of "Cash for Clunkers", cars sales are on the rise. Officially known as the Car Allowance Rebate System, the program rewards people for turning in older gas g ... Continue reading
Edmunds.com Evaluates Cash for Clunkers Determines Program is Working
Aug 6, 2009
SANTA MONICA, Calif.--As the Senate considers a âCash for Clunkersâ extension, Edmunds.com, the premier online resource for automotive information, today released some initial analysis about the programâs results to date. âMost reports on this program lack context,â remarked Edmunds.com CEO Jer ... Continue reading
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