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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 program is aimed to promote the sale of 400,000 electric vehicles. The cost of the purchase incentive is shared equally between the government and automakers. Electric car buyers get a €4000 (US$4,520) discount while buyers of plug-in hybrid vehicles get a discount of €3000 (US$3,390).
By the end of 1960, Toyota Motor Sales USA had accumulated 1.42 million dollars in losses from lackluster sales of the Crown. To prevent any further loss, all passenger car imports were suspended and new management structures were established to refocus all sales efforts on the Toyota Land Cruiser with profitability expected from selling 50 to ...
Foreign companies like Toyota and BMW have ... Pennsylvania plants have been unionized for years — and as part of this acquisition promised a $5,000 retention ... dollar soars as Trump tariffs ...
Better Place's goal was to enable electric cars to sell for $5,000 less than the price of the average gasoline car sold in the United States, [36] or the impact of electric cars would be minimal. For example, the Prius hybrid had been sold for 13 years at a price of $4,000 more than other gasoline cars and had captured less than 2% of the ...
A title loan (also known as a car title loan) is a type of secured loan where borrowers can use their vehicle title as collateral. [1] Borrowers who get title loans must allow a lender to place a lien on their car title, and temporarily surrender the hard copy of their vehicle title, in exchange for a loan amount. [2]
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