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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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Empire Strikes Back: White House calls out Edmunds on Clunkers story, Edmunds responds 1256922060
The facts in the case of the White House versus Edmunds are essentially indisputable – but they are open for interpretation. The federal government's $3 billion Cash for Clunkers program generated 690,000 sales by providing $3,500 and $4,500 vouchers to car buyers who turned in their ...
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REPORT: All those clunkers messed up with no where to go 1256558460
We found out which vehicles were the most popular "green" clunkers in the Car Allowance Rebate System that ran its course earlier this fall, but it won't take much sleuthing to discover where all these clunkers have ended up. According to the AP, the disabled SUVs, minivans and trucks (mostly) ...
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Top Ten "green" cars that met their fate during Cash for Clunkers 1253922000
One rule that all clunked cars needed to adhere to was a maximum rating of 18 MPG from the federal government, right? What wasn't required was that the clunked car be considered dirty. After all, it's pretty clear that CNG vehicles burn clean, but that didn't stop 232 of them from meeting their ...
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Cash For Clunkers final numbers: 690,000 vehicles sold; $2.8 billion used; 24.9 mpg average for the new cars 1251330960
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 ...
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Cash For Clunkers ends tonight, 8 p.m. EST - $2.65 billion spent so far 1251140220
The Cash For Clunkers (C.A.R.S.) program ends today. There are about five hours left before the über-successful government program comes to a sodium silicate-induced halt. So, anyone who's on the fence about getting an extra $4,500 for their low-mileage clunker should call their local ...
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REPORT: Cash For Clunkers ending Monday 1250802300
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 ...
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REPORT: Not all clunkers in Germany being junked; some are "stolen" from the junkyard 1250100060
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 ...
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Cash For Clunkers, the potential downsides and unintended consequences 1249771140
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 ...
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Cash For Clunkers gets $2B assist in the Senate; C.A.R.S. funded through Labor Day 1249646520
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. ...

