clunker

C.A.R.S. ended Monday night and the numbers are in. At first blush, things look positive. First, 690,114 vouchers were submitted asking for $2.877 billion (just under the program's $3 billion limit). There was also $100 million used for administration costs (as Autoblog calculates, about $144 ...

There's no arguing that the various Cash for Clunkers-style programs all around the world are intended first and foremost to spur lagging automobile sales. Environmental concerns have taken a back seat to helping automakers and dealerships move some more metal. Still, at least we know that the ...

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 least, their effort was in vail. It may be too late to stop the bill from becoming law, but it's worth ...

After a week of uncertainty and a lot of weighing in from all sides, C.A.R.S. (aka Cash For Clunkers) looks set to continue for another month, at least. The Senate confirmed the House's $2 billion funding of the incredibly popular program yesterday in a 60-37 vote, mostly on party lines. ...

Another day, another Cash For Clunkers news digest: First off, some numbers. The government now says that 180,000 cars have been sold through C.A.R.S., enough to account for $775.2 million of the original plan's $1 billion in funding. Since not all of the vehicles sold have yet been confirmed ...