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Program logo The Toyota Corolla was the program's top seller according to U.S. DoT [1] The Ford Explorer 4WD was the program's top trade-in according to the U.S. DoT [1]. The Car Allowance Rebate System (CARS), colloquially known as "cash for clunkers", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel ...
The "cash for clunkers" program, which offers $3,500 to $4,500 to buyers trading in older cars for newer, more fuel-efficient models, is a turning point in the government's plan to bailout the ...
As the CARS program -- a.k.a. "cash for clunkers" -- helped an estimated 700,000 cars find new homes, it was sometimes easy to forget the opposite end of the process. For every car that was ...
Lost in the gloating over car sales figures tied to the Cash For Clunkers program is the original intention -- to help clean up the environment by purging the roads of exhaust-belching jalopies.
The Obama administration's "cash for clunkers" program has gotten the U.S. auto industry off its deathbed. The program, which gives people up to a $4,500 incentive to exchange their old gas ...
The first set of detailed stats are in for the Cash For Clunkers program. What jumps out at me is the number of trucks turned in and replaced with cars. General Motors and Ford did well with the ...
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