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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 ...
DailyFinance: So we are hearing mixed reviews of the "cash for clunkers" program. Caldwell: Yes, many people have been very disappointed. They hear the program title and they have a clunker in ...
About nine months have passed since the federal government ended its popular and controversial "cash for clunkers" program. But the jury is still out on how much the incentive helped boost the ...
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Update: The "Cash for Clunkers" program was suspended late today when the Federal government feared the program would run out of money within days. Ford Motors says the just-launched federal "cash ...
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 ...
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As the CARS program -- aka "cash for clunkers" finishes up today, it marks the end of a very short, yet exceedingly contentious government stimulus program. As the most visible of the government's ...