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Cash-for-Clunkers bill to get fast-tracked?

According to The Detroit News, House Majority Leader Steny Hoyer (D-MD) and Senate Majority Leader Harry Reid (D-NV) have said they would like to fast track the Cash-for-Clunkers bill through the legislative process. There's a legitimate fear that new car sales will further stagnate while buyers wait for the bill to pass, which could take a very long time if it's attached to the much broader climate change legislation. Says Reid: "Cash for clunkers is really important. Every country in the world is selling less cars than they did before except ... Read more →

U.S. Cash-for-Clunkers deal reportedly nearing congressional compromise Jeremy Korzeniewski

It's looking increasingly likely that the United States will soon have its own Cash-for-Clunkers program. According to The Detroit News, two bills are currently competing for Congressional votes, and ...

UK considering its own Cash for Clunkers program Jeremy Korzeniewski

Reports indicate that government officials in the United Kingdom are contemplating the launch of a vehicle scrapping scheme modeled after the successful German program, which has boosted sales in ...

German scrapping program officially extended through end of year Jonathon Ramsey

As reported a few weeks ago, Germany has said "yes" to extending its scrapping program. The program pledged €1.5 billion to be given out in €2,500 increments to those scrapping their old ...

REPORT: Dacia could sell in UK after all... if Cash For Clunkers legislation passes Jonathon Ramsey

If Britain follows Germany's lead and adopts a scrap-your-old-car incentive, it looks like the first company to pounce will could be Romania's Dacia. Renault, which owns Dacia, had planned to launch ...

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Germany may extend successful scrapping program 9 months ago on Autoblog

Germany recently began a scrapping incentive program that gives buyers €2,500 to get rid of their old cars and buy new ones. The plan helped create a 21% jump in car sales during the month of February, even though the plan didn't take effect until February 20. It was the kind of success that ...

UK wants scrapping incentive after sales success in Germany 9 months ago on Autoblog

Encouraged by the success that Germany has enjoyed in spurring new car sales through its vehicle scrapping program, officials for the Society of Motor Manufacturers and Traders in the United Kingdom are pushing their government to institute a similar plan as quickly as possible. Sales in the UK ...

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Autoblog Podcast #158: 'Twas a couple nights before Christmas...

Chris, Editor Paukert, and Dan send the Podcast off for the Christmas holiday in proper fashion

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