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Cash for Clunkers to allow reservation of popular models that run out

by Chris Shunk (RSS feed) on Aug 14th, 2009 at 9:59AM

The first half of 2009 was so poor in terms of car sales that automakers had to shut down factories for weeks and even months at a time in order to keep inventory in check. Now that Cash for Clunkers put a jolt back into car sales towards the end of July, the same dealers who weren't ordering cars a couple months back are begging for more product to fulfill requests. Since nearly half of the $2.95 billion allotted for C4C is already accounted for, dealers were beginning to worry that they wouldn't be able to fully capitalize on the program because of vehicle shortages. The Department of... Read More

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