Cash for Clunkers Program Scorecard Update
Aug 6, 2009
NEWS FLASH: C.A.R.S. Program Statistics August 5, 2009 Dealer Transactions Number Submitted: 184,304 Dollar Value: $775.2M Top 10 New Vehicles Purchased 1. Toyota Corolla 2. Ford Focus FWD 3. Honda Civic 4. Toyota Prius 5. ... Continue reading
U.S. Senate Expected To Approve Additional Cash For Clunkers Funding Today
Aug 6, 2009
cash for clunkers" auto sales incentive bill after an agreement with Republicans, Senate Majority Leader Harry Reid said. Speaking on the Senate floor late on Wednesday, Reid said the accord provided for votes on seven possible amendments, all of which aides said were expected to be defeated. That would clear the way f ... Continue reading
C.A.R.S. Program Statistics August 5, 2009; Michigan Number One Cash For Clunker State
Aug 5, 2009
NEWS FLASH: C.A.R.S. Program Statistics August 5, 2009 Dealer Transactions Number Submitted: 184,304 Dollar Value: $775.2M Top 10 New Vehicles Purchased 1. Toyota Corolla 2. Ford Focus FWD 3. Honda Civic 4. Toyota Prius 5. ... Continue reading
Aug 5, 2009
HERNDON, Va., Aug. 5 -- Audi today affirmed an August consumer sales offer that adds a $1,000 incentive to transactions eligible for the federal government's "Cars Allowance Rebate System" reimbursement program, more commonly known as "Cars for Clunkers." The $1,000 consumer incentive is valid on transactions from toda ... Continue reading
AARGGGG! Bar's Leaks Introduces a Killer for Cash for Clunkers Turn-ins
Aug 5, 2009
HOLLY, Mich., Aug. 5 -- Car dealers must destroy the engines of every vehicle they take in through the Car Allowance Rebate System (CARS) Program, formerly known as "Cash for Clunkers." They can do so by using new Bar's Leaks DiFM Rendering Chemical Sodium Silicate or Bar's Leaks Head Gasket Repair. Unlike Head Gasket ... Continue reading
U.S. Senate To OK Additional $2 Billion For Cash For Clunkers
Aug 5, 2009
WASHINGTON August 4, 2009; Ken Thomas and Laurie Kellman writing for the AP reported that tThe Senate has cleared the way for a vote extending the "cash-for-clunkers" program, which offers car buyers rebates of up to $4,500 for trading in their gas-guzzlers for new, higher-mileage models, setting aside Republican oppos ... Continue reading
Schnitzer Steel Gains Momentum in its "Clunkers" Recycling Program
Aug 5, 2009
PORTLAND, Ore.--The Clunkers Recycling Dealer Program set up by Schnitzer Steel Industries, Inc. and its Auto Parts Business subsidiaries GreenLeaf Auto Recyclers and Pick-N-Pull Auto Dismantlers has gained a significant positive response from new car dealerships receiving trade-ins of âclunkerâ vehicles th ... Continue reading
Sen. Corker (R-TN) Says He Could Support More 'Clunker' Funds
Aug 4, 2009
WASHINGTON, Aug 4, 2009; Karey Wutkowski and Glenn Somerville writing for Reuters reported that Bob Corker, a Republican member from Tennessee who sits on the Senate Banking Committee, said he backs extending the "cash-for-clunkers" program if the extra $2 billion is taken out of a previously approved economic stimulus ... Continue reading
Used Cars Bolster Big Retailers' Profits
Aug 4, 2009
Washington DC August 3, 2009; The AIADA newsletter reported that profits from used vehicles propped up second-quarter earnings at the six biggest public dealership groups. According to Automotive News, five of the six groups reported lower profits, but all were in the black. Lithia Motors and Sonic Automotive sold more ... Continue reading
A No Vote on More Cash-for-Clunkers Funding is Declaration of War on Small Business
Aug 4, 2009
By Cliff Banks WardsAuto.com, Aug 3, 2009 1:09 PM CommentaryThe U.S. Senate will make a choice this week, either to keep cash-for-clunkers alive and support small businesses or unwittingly declare war on small business by killing the stimulus package, while righteously attesting to misguided, ill-informed ideals. Some ... Continue reading
Aug 4, 2009
WASHINGTON, Aug 4, 2009; Richard Cowan writing for Reuters reported that legislation to inject more money into a popular "cash-for-clunkers" program aimed at increasing U.S. automobile sales will pass the Senate before the start of a month-long recess at the end of this week, Senate Majority Leader Harry Reid said on T ... Continue reading
DEMOCRATS Trying To Get GOP Support to Continue Dealer and Consumer Friendly Cash For Clunkers
Aug 4, 2009
WASHINGTON August 4, 2009; Ken Thomas writing for the AP reported that the Obama administration expressed more confidence Tuesday that Senate Democrats can win over enough Republicans to pass a $2 billion extension of a popular rebate program that gives consumers up to $4,500 to trade in their old gas guzzlers for more ... Continue reading
Aug 4, 2009
Ten? Do your really think we could limit the list to just 10? Not TheAutoChannel.com, we always give you more! AUTO CENTRAL - July 28, 2009: Okay, so the Cash For Clunkers program has you dreaming about which new vehicle you'd want. Here's 14 different cars that you might want to test drive. They may not all qualify fo ... Continue reading
Cash for Clunkers: Everyone's a Winner
Aug 4, 2009
By Chad Brand Seeking Alpha It is hard to argue with the success of the âCash for Clunkersâ automobile incentive program so far. With $1 billion already blown through, Congress is working on a $2 billion extension, despite most Republicans being against the program (probably because it was a Democratic idea, ... Continue reading
US Senators See Support For "Cash for Clunker" $2 Billion Extension
Aug 4, 2009
WASHINGTON, Aug 3, 2009; U.S. Senate approval of a $2 billion extension of the "cash for clunkers" auto incentive brightened on Monday when two key lawmakers threw their support behind the initiative. The White House stepped up pressure on wavering senators by warning that the successful sales stimulus, which some, inc ... Continue reading
The Auto Channel content library (since 1996) has grown to become the world’s most extensive and complete interactive archive of automotive centric news, articles, reviews and intense event coverage, presented to viewers as Text, Video and Images.
