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- Cash For Clunkers: Will You Qualify?
- A new federal project that gives consumers cash to trade in their gas-guzzling cars is modeled on a successful German program. But the U.S. model has a few more rules than the German prototype. Randall Pinkston reports.
- Videos 2009-07-11
- Too Successful? Dealers Running Out of Cars
- "Cash for clunkers" has been so successful that the program is running out of money -- and dealer lots are emptying out. Even if extra funding is approved, consumers may have little to choose from.
- Videos 2009-08-06
- Can Car Makers Survive Without Cash for Clunkers?
- The government's cash for clunkers program has invigorated car showrooms across the country. Now that the program is ending, however, auto makers will have to make it on their own. Tony Guida reports.
- Videos 2009-08-24
Additional Resources
- ‘Clunkers' binge may leave a serious hangover
- WASHINGTON - Now comes the hard part for the auto industry — luring customers without big Cash for Clunkers discounts. The popular government rebates gave auto sales a jolt, but it was only temporary. Now car makers and dealerships are forced once again to confront the worst market in a...
- News items 2009-08-24
- ‘Cash For Clunkers': Did It Work?
- Sure, the program boosted sales and put more-efficient cars on the road. But a look behind the numbers reveals some surprising side effects. ...
- Articles 2009-08-24
- Cash For Clunkers Pushes August Sales And Stirs Debate
- Posted by: David Kiley on August 28 Helped by Cash for Clunkers, which ended Monday, the annualized selling rate for the auto industry in August is expected to be about 15.5 million, according to Wall Street firm Goldman Sachs.That would be a 16% improvement year over year, and nearly a...
- News items 2009-08-28
- "Clunkers" to Boost U.S. Auto Sales
- By David Bailey DETROIT (Reuters) - U.S. government incentives likely pushed U.S. auto sales to a 20-month high in August, leaving analysts and the industry guessing how hard a landing to expect with the "Cash for Clunkers" program now exhausted. Automakers could see the U.S. seasonally adjusted rate of sales,...
- News items 2009-09-01
- Breaking News: Clunkers boosts Ford sales
- The Cash for Clunkers program boosted sales at Ford, Toyota and Honda in August as US consumers snapped up their fuel-efficient offerings. The Cash for Clunkers program boosted sales at Ford, Toyota and Honda in August as US consumers snapped up their fuel-efficient offerings, but rivals Chrysler Group LLC and...
- News items 2009-09-02
- Popular US clunkers scheme runs out of road
- Across the US this weekend, dealers were enjoying the last hurrah of the government's car scrappage programme ? the popular $3bn "cash-for-clunkers" scheme.The Keith Pierson Toyota dealership in Jacksonville, Florida has completed 70 rebate deals since the scheme to funnel money to car buyers started less than a month...
- External links 2009-08-23
- After Clunkers tax rush, states come down hard
- WASHINGTON - Struggling states and towns got a dose of badly needed money this summer from a Cash for Clunkers program that poured hundreds of millions of dollars of tax revenue into their budgets. Now, like the auto industry, recession-ravaged governments are seeing revenue fall off as car buyers take...
- News items 2009-10-11
- GM to boost output due to clunkers incentives
- Detroit -- General Motors Co. is boosting production at several factories and reinstating 1,350 jobs due to higher sales from the federal "cash for clunkers" program, company and union officials said. GM will add 60,000 cars and trucks to its production schedule, add shifts, overtime and reinstate scheduled down weeks...
- News items 2009-08-18
- Cash for clunkers: NADA asks government to suspend program
- It looks like itâ??s happened again--Cash for clunkers may have run out of money. The National Automotive Dealers Association NADA has asked the U.S. government to suspend the Cash for clunkers program following a dealer survey it conducted earlier this week that found the $3 billion fund has been depleted....
- News items 2009-08-20
- Auto Dealers Pull Out Of Cash For Clunkers After Government Welshes On Payments
- Car dealers continue to whine that the government isn't getting them money fast enough through the cash for clunkers program. Now, some of them are pulling out of the program, fearful that the government won't pay them back. AP: The Greater New York Automobile Dealers Association, which represents dealerships in...
- News items 2009-08-20
- Road ends Monday for clunkers plan
- Washington -- The Obama administration will tow the "cash for clunkers" program to the junkyard Monday, closing the book on the $3 billion program that convinced hundreds of thousands of anxious consumers to buy new cars. The program is considered one of the most successful pieces of President Barack Obama's...
- News items 2009-08-20
- Final weekend of clunkers program draws crowds
- From Vermont to California, exhausted but appreciative car dealers watched their lots grow empty as crowds rushed to trade in gas guzzlers during the final weekend of the popular Cash for Clunkers program. The hectic pace of the $3 billion rebate program accelerated in the final weekend, after the government...
- News items 2009-08-24
- Final weekend of clunkers program draws big crowds
- From Vermont to California, exhausted but appreciative car dealers watched their lots grow empty as crowds rushed to trade in gas guzzlers during the final weekend of the popular Cash for Clunkers program. The hectic pace of the $3 billion rebate program accelerated in the final weekend, after the government...
- News items 2009-08-24
- ‘Clunkers' boosted auto sales in August
- NEW YORK - U.S. automakers are partying, even though they know the hangover is coming. Auto executives on Friday said new vehicle sales in August likely did something they haven't done in a long time: they increased compared with last year, thanks in large part to the government's popular Cash...
- News items 2009-08-28
- John McCormick: Keeping up sales after 'clunkers'
- Now that the "cash for clunkers" program is over, the big question is whether American consumers will slump back into unconsciousness as the adrenaline jolt of the government incentive wears off. Last month the annualized U.S. sales rate topped 13 million units, as buyers flocked to showrooms to take advantage...
- News items 2009-09-03
- The Hidden Payoff from Cash for Clunkers
- The final scorecard is out on the cash for clunkers program: In return for taking on $2.88 billion in additional debt, Uncle Sam helped the auto industry sell 690,000 new vehicles. Whether this was a winning trade is debatable, as this MoneyWatch story points out and this post How Would...
- Blog posts 2009-08-27
- 'Clunkers' rules ease as sales soar
- The Obama administration agreed Thursday to expand the "cash for clunkers" program to vehicles already in the production pipeline. Car buyers had been limited to fuel-efficient vehicles in showrooms and on lots, and some dealers reported shortages. The Transportation Department's decision to broaden it came just days after a request...
- News items 2009-08-14
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