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0Ford of Canada launches its own "cash for clunkers" program 1272918960
Ford of Canada has launched a car scrappage program that expands on a previous government-run program to get even more older vehicles off the road. While the government program only paid for cars from 1995 and earlier to be scrapped, Ford is accepting cars up to model year 2003. Ford is paying ...
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Senate passes Cash for Clunkers, sends it to President's desk for approval 1245420600
The hotly-debated Cash for Clunkers legislation is on its way to President Obama's desk tonight, oddly enough as part of a larger bill that will continue funding the military efforts in Iraq and Afghanistan. After a late Republican-backed effort to halt the passage of the bill failed, the Senate ...
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Cash-for-Clunkers bill may get fast tracked 1242227700
House Majority Leader Steny Hoyer (D-MD) and Senate Majority Leader Harry Reid (D-NV) have said they would like to fast track the Cash for Clunkers bill through the legislative process. There's a legitimate fear that new car sales will stagnate while buyers wait for the bill to pass, which could ...
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U.S. Cash for Clunkers deal nearing compromise 1240602000
It's looking increasingly likely that the United States will soon have its own Cash for Clinkers program. Two bills are currently competing for Congressional votes, and while they would both offer sizable rewards for turning in older vehicles, they vary in what new cars and trucks would qualify for ...
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Sobering Statistics: How long will it take for your car to decompose? 1239983520
Take a walk through any junkyard in the world and you're likely to come across any number of vehicles that are a mere rusted-out shell of their former selves. That's mostly because sheet metal is thin and, as the outer-most skin of an automobile, takes the brunt of the weather's nastiest beatings. ...
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European car scrapping schemes proving successful, Germany to extend program 1238945340
Last month, Germany posted a whopping 40 percent increase in new car sales, an improvement over February's 21.5% gain that is again being attributed to that country's vehicle scrapping program. Similar programs in Italy and France have also reversed the trend of falling sales figures.The success of ...

