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China about to unleash massive anti-clunker policy

Some of the world's most notoriously smoggy cities are hoping for relief in a new plan taking aim at what's coming out of their tailpipes. In response to serious air pollution problems and an attempt to meet emissions standards, China plans to decommission more than 5 million aging vehicles by the end of 201

Cash 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

Feds mull an extra three months to crush Cash For Clunkers victims

What do you do with some 700,000 recently clunked cars? Send them to scrap heaps, naturally. According to the initial set of rules drafted when Cash for Clunkers was first launched, all those vehicles need to be processed properly, which includes removing most (if not all) of the good usable parts from each vehicle before sending the remaining hulk through crush and melt-down machines.

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

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 eligible car or truck in exchange for a more fuel efficient ride. From here on in, Edmunds and the White House seem to be at considerable odds.

REPORT: All those clunkers messed up with no where to go

We found out which vehicles were the most popular "green" clunkers in the Car Allowance Rebate System that ran its course earlier this fall, but it won't take much sleuthing to discover where all these clunkers have ended up. According to the AP, the disabled SUVs, minivans and trucks (mostly) are still sitting on scrap lots around the country. One recycler in Minnesota has acres cr

REPORT: Just 5.7% of dealers have gotten cash for their clunkers

When Cash for Clunkers was announced, most everyone was so fixed on government subsidies and the potential for a sales uptick that one big obstacle was apparently largely overlooked. How and when would dealers get paid? A couple weeks after the program officially ended, we're beginning to get an idea, and the answer is "slowly." According to Automotive News, a survey by the National Automotive Dealers Association on August 27 says that only 5.7% of all clunker transactions have been rei

REPORT: Cash For Clunkers ending Monday

This year, Labor Day in the U.S. will be celebrated on September 7. That's over two weeks away, and not that long ago, the government had said the C.A.R.S. (Cash for Clunkers) program would be funded through that date. Looks like the rebate system is once again a victim of its own success once again: a new report says that C.A.R.S. will be shut down Monday. The news<

REPORT: Not all clunkers in Germany being junked; some are "stolen" from the junkyard

There's no arguing that the various Cash for Clunkers-style programs all around the world are intended first and foremost to spur lagging automobile sales. Environmental concerns have taken a back seat to helping automakers and dealerships move some more metal. Still, at least we know that the barely-running pollution-spewing machines are headed to the great junkyard in the sky, right?

Cash For Clunkers, the potential downsides and unintended consequences

In the flurry to give Cash For Clunkers – sorry, C.A.R.S. – a very quick $2 billion extension last week, some of the more critical voices of the program were drowned out. At the very least, their effort was in vail. It may be too late to stop the bill from becoming law, but it's worth it to think through some of the possible unintended side effects of paying people to jun

Cash For Clunkers gets $2B assist in the Senate; C.A.R.S. funded through Labor Day

After a week of uncertainty and a lot of weighing in from all sides, C.A.R.S. (aka Cash For Clunkers) looks set to continue for another month, at least. The Senate confirmed the House's $2 billion funding of the incredibly popular program yesterday in a 60-37 vote, mostly on party lines. President Obama has said he will sign the bill. The money should last through Labor Day, and rumor has it that C.A.R.S. won't be extended again. In fact, one of the bill's strongest supporters, Michigan Senator

Cash For Clunkers Daily Update: D.O.T. withholding info; Senate warms to more funding

Another day, another bunch of news items about Cash For Clunkers (a.k.a. C.A.R.S.). With Friday's Senate recess date fast approaching, the Obama Administration is reportedly pushing the body's 100 members there to get their acts together and vote for more funding to keep the program alive. Two senators who had been seen as potential roadblocks to getting C.A.R.S. the quick $2 billio

REPORT: D.O.T. withholding Cash For Clunkers info; Senate warming to more funding

Another day, another bunch of news items about Cash For Clunkers (a.k.a. C.A.R.S.). With Friday's Senate recess date fast approaching, the Obama Administration is reportedly pushing the body's 100 members there to get their acts together and vote for more funding to keep the program alive. Two senators who had been seen as potential roadblocks to getting C.A.R.S. the quick $2 billion that the House has approved, Dianne Feinstein (D) and Susan Collins (R), have now said the Administration had "ea

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