clunkers
-
That was quick. Just a month after President Obama signed in the $1 billion ‘cash for clunkers’ bill, and less than a week of it running, the program has already run out of money once and received approval from both the House and Senate for another $2 billion. With Obama's signature today, the money is official, and available to buyers that haven't yet cashed in their clunker. The additional funds come less than a week after confusing and conflicting messages about the program's possible termination from the White House and the Department of Transportation. The latest action by...
-
Audi jumps on the clunkers bandwagon, offers $1,000 off qualifying models
With sales skyrocketing in July to almost pre-crash levels for many carmakers - and beyond for a few - it's no surprise that Audi's joining the fray today with its own $1,000 incentive on top of the federally-funded CARS program for its qualifying models. The discount applies to no fewer than 18...
Alex Kaufmann -
Chrysler unveils ‘Double CA$H For Your Old Car’ incentive program
Chrysler today announced a new incentive program dubbed ‘Double CA$H for Your Old Car’ that can save consumers up to $9,000 toward the purchase of a new Chrysler, Jeep or Dodge vehicle. Under the program, everyone shopping for a new car or truck qualifies for an incentive of up to...
James Martinez -
President Obama signs in Cash-for-Guzzlers bill
The Cash-for-Guzzlers bill is just one of the incentives the government is trying to implement to bring the U.S. auto industry back to its pre-recession levels. Recently, the Cash-for-Guzzlers scheme garnered approval of both House and Senate negotiation teams, and now it has passed into law with...
Viknesh Vijayenthiran -
UK buyers swap clunkers for Nissan GT-Rs
In a move that can only be described as brilliant by anyone with a love of all things four-wheeled and fast, at least two buyers in the UK have swapped their clunkers in for cash, and used that cash to buy Nissan GT-Rs. They were among the very first to take advantage of the new scrappage...
Nelson Ireson