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REPORT: Cash For Clunkers ending Monday
This year, Labor Day in the U.S. will be celebrated on September 7. That's over two weeks away, and not that long ago, the government had said the C.A.R.S. (Cash for Clunkers) program would be funded through that date. Looks like the rebate system is once again a victim of its own success once again: a new report says that C.A.R.S. will be shut down Monday. The news is all unsourced and unverified at this point, but [UPDATE: It's official] all indications are that the wind down is really happening. More details are to be revealed tomorrow, ... Read more →
Cash For Clunkers, the potential downsides and unintended consequences Sebastian Blanco
In the flurry to give Cash For Clunkers – sorry, C.A.R.S. – a very quick $2 billion extension last week, some of the more critical voices of the program were drowned out. At the very ...
REPORT: 9 of Top 10 clunkers being traded in are large trucks Sebastian Blanco
The fickle nature of the American consumer is on obvious display in car dealerships across the country right now. With the government sponsoring a giant garage cleaning through the CARS ("cash for ...
Where the fiasco is at today, a Cash for Clunkers update Sam Abuelsamid
As the whole "Cash for Clunkers" program has transitioned from Congressionally-passed legislation to NHTSA rule book, it has at same time gone from a great way to get old gas guzzlers off the road to ...
REPORT: EPA ratings changes shift some "clunkers" out of cash range Sebastian Blanco
Hmm. Last Friday, the official rules for the CAR Allowance Rebate System (CARS, also known as the Consumer Assistance to Recycle and Save Act of 2009 and the "cash for clunkers" bill) were ...
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smart USA president Dave Schembri on clunkers, upcoming electric smarts 4 months ago on Autoblog Green
In the first year that smart fortwo's were available in the U.S., the company sold about 30,000 units. After that first heady period, though, sales dropped off dramatically. In June 2009, the company sold just 1,116 fortwos and in May the number was 1,169, for an annual rate of just over ...
Rules for CARS, the cash for clunkers bill, released 4 months ago on Autoblog Green
Preliminary rules for the CARS act – which was known as the Cash for Clunkers bill and is now more officially known as the CAR Allowance Rebate System or the Consumer Assistance to Recycle and Save Act of 2009 – were released by the Federal government today. Automakers have been busy ...
REPORT: Impact of Cash for Clunkers might not be so hot; charities insisted on 18 mpg limit 4 months ago on Autoblog Green
With the official kick-off date for the Cash For Clunkers program CARS just over a week away, people are already saying it's really too little, too short. Last week, Auto Alliance president Dave McCurdy said that Congress could expand the program, and now some economists interviewed by Reuters are ...
Does the government know if ethanol cars qualify for Cash-For-Clunkers? 4 months ago on Autoblog Green
AutoblogGreen reader Michael recently sent in a question regarding the about-to-start "Cash for Clunkers" program. Officially known as the Car Allowance Rebate System (CARS), the program allows owners of some older and inefficient vehicles to trade them in and get a rebate check worth up to ...
Senate passes Cash for Clunkers, sends it to President's desk for approval 5 months ago on Autoblog Green
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 ...
Consumer Reports suggests clunkers to cash in on 5 months ago on Autoblog Green
With Congress on the verge of passing some kind of cash for clunkers legislation, it's time to take a look at what cars are worth trading in for the scrappage credit and what to sell by other means. The good folks at Consumer Reports have come to the rescue. Obviously a car that has a retail value ...
Pennsylvania senator introduces bill to add motorcycles to Cash for Clunkers 5 months ago on Autoblog Green
US Senator Robert P. Casey Jr. (D-PA) has introduced legislation into the Senate that would add motorcycles to the controversial Cash for Clunkers program that was recently passed by both the US House and Senate, though with significantly reduced funding of $1 billion. Not coincidentally, ...
Cash-For-Clunkers reportedly tacked on to climate bill 6 months ago on Autoblog Green
It seems that calls from House Majority Leader Steny Hoyer (D-MD) and Senate Majority Leader Harry Reid (D-NV) to fast track the Cash-For-Clunkers bill through the legislative process may have fallen on deaf ears. According to the Detroit Free Press, the somewhat controversial bill will be tacked ...
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