UkCashForClunkers

We've seen this before, haven't we? Government institutes program to spur auto sales by offering car buyers a federal incentive to turn in an old car for a shiny, efficient new one, leading to sales growth, which later leads to no money in the program and the request for an extension. Our British ...

Governments all over the world have introduced Cash-For-Clunkers-style programs that are nothing if not controversial. While the stated intent of each of these schemes is to increase new car sales and remove older, dirtier and less fuel efficient vehicles from the road, some powerful organizations ...

When legislators in the United Kingdom decided to introduce its Cash for Clunkers program, it was widely suggested that older, fuel-guzzling vehicles would be removed from the road in favor of the latest crop of clean, green, fuel efficient cars and trucks. As is often the case, reality isn't so ...