Clunkers

In what might turn out to be one of the biggest games of "he said, she said," in the history of the world, Maritz Research, an automotive market research company, is claiming that the government's Cash for Clunkers program actually boosted auto sales by much more than previously thought. Maritz ...

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 ...

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 ...

Mixed reaction has surrounded the government's Cash for Clunkers program, but after spending around $2.8 billion, some 700,000 new vehicles have found homes. But what got traded in? We've heard some ...

Actually, paid or approved. Clunker claims being approved is the last step before dealers get paid. But yes, Cash for Clunkers, the very popular, definitely controversial program that gave consumers between $3,500 and $4,500 for their old, low gas-mileage cars is racing towards it September 30 ...

When Cash for Clunkers was announced, most everyone was so fixed on government subsidies and the potential for a sales uptick that one big obstacle was apparently largely overlooked. How and when would dealers get paid? A couple weeks after the program officially ended, we're beginning to get an ...

On Monday we reported that as of August 7, U.S. auto dealers had received 245,000 Clunkers worth $1.03 billion as of. Today is Wednesday, August 12 and those numbers have swelled by 71,000 cars and $300 million. Put another way, dealers are hoping to collectively collect $60 million a day. And ...

As of last Friday, August 7, US dealers submitted 245,384 Clunker claims totaling $1,030,000,000. That's an awful lot of government cheese, so to speak. According to data released by the Department of Transportation (DOT), claims were up an amazing 33% in two days since Wednesday, August 5. ...

Another day, another bunch of news items about Cash For Clunkers (a.k.a. C.A.R.S.). With Friday's Senate recess date fast approaching, the Obama Administration is reportedly pushing the body's 100 members there to get their acts together and vote for more funding to keep the program alive. Two ...

Last night came the shaky, breathless news that Cash for Clunkers (C4C), the federal program to get older, more polluting cars off the roads by giving consumers between $3,500 and $4,500 rebates for their trade ins, had run out of money and was being shut down. Not so fast says the Detroit Free ...