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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 ...

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    Hyundai reports 4,000 scrap car trades in UK, reveals some surprises

    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 ...

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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 ...

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    BREAKING: Lawmakers reach agreement on Cash for Clunkers legislation

    It appears that a U.S. "Cash for Clunkers" program is right around the corner now that President Obama and the U.S. House of Representatives have come to an agreement on how the bill should be structured. However, it's not a done-deal yet, as the legislation still needs to get through ...

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

    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 while they would both offer sizable rewards for turning in older vehicles, they vary in what new ...

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    UK considering its own Cash for Clunkers program

    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 Europe's largest market by over 20% in each of the two months it's been available. Details of the U.K. ...

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    Germany may extend successful scrapping program

    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 ...

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    UK wants scrapping incentive after sales success in Germany

    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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    STUDY: Median age of cars in U.S. increases to record high

    That old clunker in your driveway is not looking so bad right about now, huh? As borne out in the last few month's set of sales figures, Americans are purchasing fewer cars today than in previous years, meaning that the current fleet of vehicles on the road is older than ever before. According to ...

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    German scrapping incentive leads to 21% jump in new car sales

    Countries looking to shore up their lagging auto sales now have a shining example to follow in Germany, Europe's largest market for new car sales. In February, sales rose by 21%, which is an astounding figure when you look at the results for the same period in other countries, including the United ...


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