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SEMA comes out against Cash For Clunkers. Again.

Reiterating their position from last December, SEMA has issued a statement against the ever-more-likely "Cash for Clunkers" proposal. This proposal, which would give Americans a financial incentive to get rid of older vehicles in favor of new models, could give incentives of $3,000 to $5,000 to scrap vehicles that are at least eight years old and buy a new car that gets at least 27 mpg on the highway (24 mpg for trucks). SEMA, the Specialty Equipment Market Association, joins the Automotive Aftermarket Industry Association (AAIA) in taking ... Read more →

SEMA comes out against cash for clunkers Sam Abuelsamid

House Speaker Nancy Pelosi (D-CA) has announced plans to introduce legislation on the first day of the new Congressional session that would provide funds that would be used to pay people for taking ...

SEMA comes out against Cash For Clunkers. Again. 8 months ago on Autoblog Green

Reiterating their position from last December, SEMA has issued a statement against the ever-more-likely "Cash for Clunkers" proposal. This proposal, which would give Americans a financial incentive to get rid of older vehicles in favor of new models, could give incentives of $3,000 to $5,000 to ...

SEMA comes out against cash for clunkers 11 months ago on Autoblog Green

House Speaker Nancy Pelosi (D-CA) has announced plans to introduce legislation on the first day of the new Congressional session that would provide funds that would be used to pay people for taking old cars off the road. The "cash for clunkers" approach is intended to get older cars crushed, with ...


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