The much-publicized cash for clunkers program gave a shot of adrenaline to car sales this summer, inspiring purchases even from consumers who did not participate. With the $3 billion spent in moving people into more fuel-efficient vehicles, the question became,...
The strong August car sales numbers helped by the cash for clunkers program provided some summer relief for the auto industry in what has been a rough year so far. While we have posted the list of the top...
Now that the government’s cash for clunkers program has ended, dealers are looking to fill the sales gap. An enterprising group of 73 dealerships have banded together to maintain the sales momentum with their own version of cash for...
The August car sales numbers are in and with the help from the federal cash for clunkers program, car sales saw a jolt for all automakers over last month, although, even with the boost, 2009 sales for year to...
Final numbers are in for the so-called “cash for clunkers” program, and by most measures, the program looks like a roaring success: 690,114 cars were purchased under the program; two-thirds of those bought by consumers were passenger cars The average...
The Car Allowance Rebate System (CARS) program created a sales frenzy fueled by $3 billion in federally funded incentives, stimulating the economy from the local dealership to the factory. But which automakers benefited most?Figures released yesterday from the Department...
The Car Allowance Rebate System (CARS) program concluded last night, in theory, though dealers have been allowed to submit claims today, as well. Ongoing computer challenges hampered the claims process, leading to the official extension to 8 p.m. EDT...
Attention last-minute shoppers: The opportunity window for taking advantage of the Car Allowance Rebate System (CARS) program slams shut tonight at 8 pm EST.Due to intense interest, the allocated $3 billion dollars in federal funds are estimated to be drained...
Transportation Secretary Ray LaHood announced Thursday that the government will end the popular cash for clunkers program on Monday. All applications for the rebate must be submitted by 8pm EST Monday, Aug. 24th. The program has been so popular...
It looks like it’s happened again--Cash for clunkers may have run out of money. The National Automotive Dealers Association (NADA) has asked the U.S. government to suspend the Cash for clunkers program following a dealer survey it conducted earlier...