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The remaining 69 trucks were distributed throughout Europe for sale where a small number ended up in a German compound for sometime. GMC, desperate to be rid of them, sold them on a "make us an offer" basis. Lucky purchasers managed to get hold of one for a few thousand dollars under their market value.
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 ...
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As the co-heads of the newly created Department of Government Efficiency, or DOGE, billionaires Elon Musk and Vivek Ramaswamy are promising to slash at least $2 trillion from the federal budget.
The IRS said Friday it is sending a total of $2.4 billion in "special payments" to 1 million people, part of an effort to ensure that Americans who didn't receive all of their federal stimulus ...
The Chevrolet Silverado EV is a battery electric full-size pickup truck, to go on sale in Fall 2023 as part of the 2024 model year. Although it uses the Silverado nameplate, it shares few structural traits with the Silverado line, and is instead based on the electric platform used by the GMC Hummer EV.
Regulations, tariffs, and other government-imposed hurdles reward American car companies for building bigger, more expensive trucks and keep out any potential competitors.
Motor carrier deregulation was a part of a sweeping reduction in price controls, entry controls, and collective vendor price setting in United States transportation, begun in 1970-71 with initiatives in the Richard Nixon Administration, carried out through the Gerald Ford and Jimmy Carter Administrations, and continued into the 1980s, collectively seen as a part of deregulation in the United ...
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