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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 Car Allowance Rebate System, better known as "Cash for Clunkers," was a big success in helping car owners trade in their old automobiles for new fuel-efficient ones back in July and August.
The vehicles that are traded are recycled in an environment-friendly way. The program aims to retire at least 50,000 vehicles per year until March 31, 2011. [1] Vehicles that were made in 1995 and older that are in running condition and have been registered and properly insured for the last six months are eligible for the program.
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 ...
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 ...
As the "cash for clunkers" program kicked into high gear this week and dealers started accepting trade-ins, automakers heralded the new effort as a way to boost sales, national energy security ...
It was the first used car price drop recorded since just before the. Even as overall costs for consumer goods rose 0.1% in September, prices for used cars fell 0.7% during the month, according to ...
The Transportation Department has released sales figures for Cash For Clunkers, one of the greatest frauds of the past few months, and the results are interesting. Fifteen 2009 Hummer H3T's were ...