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cash for clunkers

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    Report: It's been 5 years since Cash For Clunkers, was it a success? [w/poll]
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    CARS set out to kill two birds with one stone: jumpstart slow automobile sales and get a large number of older cars off the road. A lot has happened since 2009. President Obama was re-elected. The Arab Spring saw popular uprisings overthrow dictators across the Middle East and North Africa. ...

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    Report: Morocco offering 'cash for clunkers' program for Mercedes W123 taxis
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    As the models continue to grow older, the Ford Crown Victoria is slowly but surely disappearing from US cities as the prevailing taxicab. The same thing is happening in Morocco with its huge fleet of Mercedes-Benz W123-chassis taxis thanks to a little help from the government. The authorities ...

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    Report: Brookings Institution says Cash For Clunkers was a bust
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    According to a Brookings evaluation of the Car Allowance Rebate System (CARS), more commonly known as Cash for Clunkers, the $2.85-billion program cost taxpayers $1.4 million for each of the 3,676 jobs created by it from June to December 2009. The White House reportedly estimated that the program ...

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    Report: Old GM coughs up $2.8M to 12 states for mercury claims
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    Parts containing mercury were used for items like anti-lock brakes sensors and hood light switches until 2004. The following year, an umbrella organization called End of Life Vehicle Solutions (ELVS) began retrieving the mercury switches from junked cars, its activities paid for by contributions ...

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    Report: Inmates, deceased among those who scored 2009 auto tax break
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    When Cash For Clunkers was announced in 2009, the federal government promised to keep close tabs on the vouchers that were paid out in exchange for clunkers. Problem is, the program led to 4.3 million taxpayers receiving $7.2 billion if vehicle deductions in the span of only a few months. So it ...

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    Report: China reboots Cash For Clunkers program
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    If there's been a single reason for hope among auto executives during the past few lean years, it's been spelled C-H-I-N-A. Despite being a difficult regulatory environment with many hoops for automakers to jump through, the People's Republic has shone as the industry's brightest and biggest hope ...

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    Report: Fleet sales artificially inflating auto rebound
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    Third quarter automotive sales figures were the best the industry has seen in just over a year. How are the automakers managing such numbers in light of a puffed-up 2009 third quarter filled with C4C transactions? Fleet sales. According to Automotive News, during the third quarter of 2010, ...

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    Cash for Clunkers fraud investigation begins
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    Where there's money, there's fraud, and that appears to have been true with last year's Cash for Clunkers program. According to a report from USA Today, the federal government is investigating around 20 dealers that may have violated the terms of the car-swapping scheme. So far, a total of nine ...

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    Australia launching 'Cash For Clunkers' modeled on U.S. program?
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    Australia's recently seated prime minister, Julia Gillard, is just now talking about a "cash for clunkers' program when most other countries ended theirs ages ago. Yet for Gillard, the program isn't about stimulating car sales but rather about stimulating the Earth: Gillard wants to get about ten ...

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    Report: Despite C4C, more old cars being scrapped than new ones purchased
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    A new study by R.L. Polk & Co. finds that more Americans scrapped their old vehicles than bought new ones, even during the height of the Cash for Clunkers program. The study took place over a 15-month period ending last September. During that time, a total of 14.8 million vehicles were ...

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    Cash for Clunkers more than twice as effective as first thought?
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    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 ...

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    Report: Japan opens Cash-for-Clunkers to U.S. brands
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    Japan's Transport Minister Seiji Maehara saying words we put into his mouth
    Curiously, there was actual outrage in Congress recently over the fact that American cars were left out of Japan's version of a Cash-for-Clunkers program. We say curiously because Congress has been pretty copacetic for ...

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    Detroit 2010: Transportation Secretary LaHood ponders another round of cash-for-clunkers
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    Cash-for-Clunkers was among the more watched auto-related story lines of 2009. With the industry hurting, the government provided cash vouchers of between $3,500 and $4,500 to anyone who turned in a vehicle that was eight (or more) years-old and with between two and 10 miles-per-gallon worse fuel ...

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    Report: Israel gets into the Cash-For-Clunkers craze
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    Israel is the next contestant in the Cash-for-Clunkers game, but playing it a bit differently than national counterparts: Israel's intentions appear to be solely for the purpose of getting older cars off the roads. Run jointly by the transportation and environmental protection ministries, the ...

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    Report: Senator calls for audit of Cash-for-Clunkers program
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    Remember that insane list filled with great cars that were reportedly crushed under the Cash-for-Clunkers program? We were wondering if and when the federal government would thoroughly audit dealers who cashed in products like a 2006 Cadillac STS, an Audi S6 or a 2008 Foose F-150. That still may ...

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    REPORT: Detroit Three call Japan's cash-for-clunkers program unfair
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    The U.S. Car Allowance Rebate System (a.k.a. 'cash-for-clunkers') program was a short-term boon for automakers participating in our market. Sales went up, inventory went down and nearly 700,000 vehicles that would likely have otherwise ended up on used car lots were destroyed. And since the U.S. ...

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    STUDY: Cash for Clunkers helped Japanese way more than Detroit 3
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    While there is no question that Obama's Cash-for-Clunkers program accelerated vehicle sales this summer, a new report by the University of Michigan's Transportation Research Institute shows the big winners were from Japan, not Detroit. According to the study, nearly 85 percent of the trade-ins ...

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    Autoblog Podcast #151: With Eddie Alterman of Car and Driver
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    Click above for the Autoblog Podcast in iTunes, RSS or listen now!
    Abuelsamid, Lieberman, Roth and Shunk. Sounds like a law firm, but it's this week's podcast crew. Car and Driver editor-in-chief Eddie Alterman bravely wades into the pool and joins us for Episode #151 of the Autoblog Podcast, as ...

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    Empire Strikes Back: White House calls out Edmunds on Clunkers story, Edmunds responds
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    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 ...

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    Edmunds: Cash for Clunkers cost taxpayers $24k per car, not $4k
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    Cash for Clunkers vehicles – Click above for high-res image gallery
    There is little doubt that Cash for Clunkers gave auto sales a big boost in late July and most of August, but there has been considerable debate as to how much help taxpayers' $3 billion provided. Customers who purchased a ...

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