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0Feds mull an extra three months to crush Cash For Clunkers victims 1259801220
What do you do with some 700,000 recently clunked cars? Send them to scrap heaps, naturally. According to the initial set of rules drafted when Cash for Clunkers was first launched, all those vehicles need to be processed properly, which includes removing most (if not all) of the good usable ...
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Hyundai reports 4,000 scrap car trades in UK, reveals some surprises 1243451040
Governments all over the world have introduced Cash-For-Clunkers-style programs that are nothing if not controversial. While the stated intent of each of these schemes is to increase new car sales and remove older, dirtier and less fuel efficient vehicles from the road, some powerful organizations ...
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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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Spain announces €2,000 scrappage plan 1242215700
Following the in the successful footsteps of France's €1,500, Germany's €2,500 and Britain's £2,000 vehicle scrapping programs, Spain's Prime Minister José Luis Rodríguez Zapatero has announced a €2,000 scrappage plan to stimulate that country's auto industry and ...
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Obama, lawmakers reach agreement on Cash for Clunkers legislation 1241547480
The United States finally appears ready to implement a "Cash for Clunkers" program now that President Obama and the U.S. House of Representatives have come to an agreement on how the bill should be structured. It's not yet a done deal, though, as the legislation still needs to get through ...
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Spanish automakers' association calls for scrappage scheme 1241460840
Might Spain soon jump on the vehicle scrapping bandwagon? According to ANFAC, an organization of automakers with operations in Spain, sales were down 45.6-percent from the same month a year ago, a sobering fact that's caused the organization to reiterate its stance that the country needs to ...
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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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Automakers line up for UK scrapping scheme 1240574280
The powers-that-be in the United Kingdom have announced a vehicle scrapping plan that would pay motorists 2,000 pounds to turn in a vehicle that's at least 10 years old in exchange for a new car or truck. In reality, the government is only chipping in half that amount, and the automakers themselves ...
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U.K. officially launches £2K scrappage scheme 1240438440
As expected, UK Finance Minister Alistair Darling has officially announced a new vehicle scrappage scheme that will pay motorists £2,000 ($2,914 USD) for trading in a vehicle that's at least 10 years old for a new car. Half of the funds will be provided by the government, and the other half ...
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Environmental Transport Association blasts proposed car scrapping scheme in UK 1240098480
The Environmental Transport Association in the United Kingdom is not pleased with the government's plan to launch a so-called Cash for Clunkers program. Automakers are generally fond of the proposals that would pay new car purchasers £2,000 for trading in their old rides for new cars. The ...

