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77It's been 5 years since Cash For Clunkers, was it a success? [w/poll]

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.

16Morocco offering 'cash for clunkers' program for Mercedes W123 taxis

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 cite safety and environmental reasons for the decades-old sedans to be removed from the road in a cash-for-clunkers-style program slated to start by the end of the year.

178Brookings Institution says Cash For Clunkers was a bust

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 would create 70,000 jobs. Additionally, the evaluation states that more effective alternative fiscal stimulus policies could have been implemented instead of CARS.

26Scrap Car, Plant Tree is "Copse for Clunkers" plan in UK

For consumers coming to terms with years of driving a gas-guzzling, carbon-producing clunker car, there is a solution – trade it in for fresh, young saplings. That's the premise for a program in the United Kingdom, where owners can turn in their gas guzzler and have tree groves planted in return.

3Zero Motorcycles gives $2,500 extra for gas-powered trade-ins

We'll deliver the facts and leave it up to math whizzes to figure out how far an electric-powered Zero Motorcycle can go on an extra $2,500 worth of juice. We suspect it's a real long way.

1Customer Satisfaction Reaches All-Time High In Auto Industry

Premium brands have the happiest customers

Does it matter to you how happy other people are with their cars and trucks? Marketing experts often say that word-of-mouth endorsement from those in our social circles are more influential than advertising. It makes sense. So, perhaps the somewhat surprising findings of a new study on customer satisfaction might influence your thinking. It is based, after all on surveys filled out by car owners about how happy they are with their cars.

1Report: Old GM coughs up $2.8M to 12 states for mercury claims

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 from automakers.

5Old GM coughs up $2.8M to 12 states for mercury claims

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 from automakers.

36Inmates, deceased among those who scored 2009 auto tax break

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 should come as little surprise that some less-than-reputable deals passed through the C4C juggernaut, including vouchers for criminals in jail, dead people and children.

10China reboots Cash For Clunkers program

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 for big volumes and bigger profits. Certainly, the nation has delivered massive sales increases as it has developed into a global superpower, and its population and growing wealth suggests it should be

23Report: Fleet sales artificially inflating auto rebound

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.

32Cash for Clunkers fraud investigation begins

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 dealerships have paid $71,500 in fines as a result of the National Highway Transportation Safety Administration's findings.

15Australia launching 'Cash For Clunkers' modeled on U.S. program?

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 percent of Oz's two million pre-1995 vehicles off the roads.

AddFord of Canada launches its own "cash for clunkers" program

Ford of Canada has launched a car scrappage program that expands on a previous government-run program to get even more older vehicles off the road. While the government program only paid for cars from 1995 and earlier to be scrapped, Ford is accepting cars up to model year 2003.

24Report: Despite C4C, more old cars being scrapped than new ones purchased

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 scrapped in the U.S., while just 13.6 million new registrations were issued. The report said that U.S. scrap rates had risen to 6.9 percent of the country's total vehicle fleet in October of 2009, compared to

48Cash for Clunkers more than twice as effective as first thought?

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 is crediting the program with 765,000 new vehicle sales, higher than the 677,000 claimed by the government, and much, much higher than the 125,000 sales that Edmunds.com famously quoted. In fact, it's mor

49Report: Japan opens Cash-for-Clunkers to U.S. brands

Japan's Transport Minister Seiji Maehara saying words we put into his mouth

AddDetroit 2010: Transportation Secretary LaHood ponders another round of cash-for-clunkers

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 economy numbers than the new car or truck with which it was replaced. The program went from fledgling idea to a done deal in a matter of a few months, showing that the U.S. government is capable of move

81Detroit 2010: Transportation Secretary LaHood ponders another round of cash-for-clunkers

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 economy numbers than the new car or truck with which it was replaced. The program went from fledgling idea to a done deal in a matter of a few months, showing that the U.S. government is capable of move

18Report: Israel gets into the Cash-For-Clunkers craze

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 program will hand over 3,000 New Israel Shekels (NIS) ($810 U.S.) to anyone who turns in a car more than 20 years old.

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