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Hard to Handle: Recyclers reportedly facing crush of cars after C4C
The ramifications of America's. Cash for Clunkers program are still being figured out – which isn't all that surprising given that a total of 700,000 or so sales totaling $2.877 billion were processed in just one month. And besides facing the unfortunate lack of suitable demolition derby material, scrapyards are reportedly finding themselves ill-equipped to deal with all the junked iron sitting behind their barbed-wire fences. To fully benefit from the program, these scrap cars need to be properly recycled, a process that includes ... Read more →
REPORT: Cash for Clunkers is costing charitable organizations donations Noah Joseph
Cash for Clunkers is good news for people looking to trade in their old cars for new ones. It's good news for America's troubled car dealers. It's good news for automakers. And it's good news for auto ...
Jim Cramer throws his Mad Money behind Cash for Clunkers Jonny Lieberman
Capitalist-on-steroids Jim Cramer of Mad Money fame (or, if you're a Daily Show fan, infamy) thinks Cash For Clunkers is a great idea. This might surprise some of you (and shock us), but here's his ...
REPORT: Cash For Clunkers to live through today, $2 billion more on its way [UPDATE] Jonny Lieberman
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 ...
REPORT: Cash for Clunkers could be dead tonight [UPDATE] Jonny Lieberman
Congress allocated close to $1 billion for the Cash for Clunkers program. That's billion with nine zeros. And all that money might be gone by midnight tonight. This, according to reports by both ...
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Cash for Clunkers racks up 22,782 trade-ins and $95.9 million so far 3 months ago on Autoblog
When the government's Cash for Clunkers program returned 4,026 orders on its first full day of availability, some were surprised by the speed with which the sales booster took off. After only five days, the program seems to have picked up steam rather than lost it: 22,782 trade-ins have funneled ...
REPORT: Dealers may have to pay taxes on Cash for Clunkers rebates 4 months ago on Autoblog
Nothing is ever as simple as it seems. One prime example is the government's newly minted "Cash for Clunkers" program, or CARS (Car Allowance Rebate System) that launched yesterday. As the rebate program kicks into gear, dealers that are hoping to cash in are facing a new worry. But according to ...
REPORT: Nissan engineers tweaking vehicles to meet Cash-for-Clunkers requirements 4 months ago on Autoblog
In an effort to sweeten the incentive for those taking advantage of the government's Car Allowance Rebate System (a.k.a. "Cash-for-Clunkers"), Nissan has reportedly sent its engineers back to the lab in order to pinch every last mile out of each gallon of fuel. As it is written, the program ...
Cash-for-Clunkers trade-ins account for 7 percent of Hyundai sales in first week 4 months ago on Autoblog
So far, Hyundai has been the only automaker in the U.S. to accept early trade-ins under the Car Allowance Rebate System (CARS), or Cash-for-Clunkers (CFC), program. Most are waiting for the U.S. Department of Transportation to finalize the program's rules and regulations by July 24th, but Hyundai ...
Cash for Clunkers to officially begin July 23 4 months ago on Autoblog
When President Obama signed the Cash-for-Clunkers bill into law back on June 24, the Transportation Department was given 30 days to set the official rules and regulations for the program that will put the plan into motion. According to the official CARS (Car Allowance Rebate System) site, NHTSA ...
Ford launches Cash-for-Clunkers eligibility calculator 5 months ago on Autoblog
In the coming weeks before the U.S. Department of Transportation finalizes the rules and regulations for the Car Allowance Rebate System (CARS), otherwise known as Cash-for-Clunkers, we expect every automaker who operates in this country to start promoting which vehicles they sell that meet the ...
Autoblog Podcast #154: Gobbling up the News
Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.
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