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BREAKING: House passes 'cash for clunkers' legislation
The U.S. House approved the "cash for clunkers" legislation earlier today, paving the way for consumers to snag up to $4,500 for trading in their older vehicles for new, more fuel efficient transport. The bill, which passed 298-119, drew overwhelming support from automakers, local business groups and dealers who claimed the passage could boost sales – further aiding GM and Chrysler's "reinvention" – during the economic downturn. Although politicians and pundits are sure to weigh-in on the merits of the bill, the specifics appear ... Read more →
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BREAKING: House passes 'cash for clunkers' legislation 6 months ago on Autoblog
The U.S. House approved the "cash for clunkers" legislation earlier today, paving the way for consumers to snag up to $4,500 for trading in their older vehicles for new, more fuel efficient transport. The bill, which passed 298-119, drew overwhelming support from automakers, local business groups ...
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