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The Car Allowance Rebate System (CARS for short, or ‘cash for clunkers’ as it is more commonly known) was the US’s answer to the scrappage schemes in Germany and the UK which appeared to have revitalised their respective automotive sectors. When the cash for clunkers scheme was introduced, we at TheGreenCarWebsite.co.uk
Paul Taylor, Chief Economist for the National Automotive Dealers Association, had the following observations: At $4/gallon gas people looked at more economical versions of the same vehicle rather than going down in vehicle size—they continue to buy cars that meet their needs. Cash for Clunkers. —Bill Cooke.
Well, America’s auto industry delivered over 100,000. Since our cars and trucks use almost two-thirds of the oil we buy, the quickest way to cut oil use is to free transportation from its grip. It helps that the auto industry will be building more efficient new vehicles. It’s a 21st-century equivalent of what we did in 1942.
“A coalition of auto makers, battery manufacturers, utility operators and shipping companies wants the U.S. to offer tax credits for buying all-electric plug-in vehicles as part of a $128 billion program to get seven million such cars on the road by 2018. WASHINGTON -(Dow Jones)- Move over, cash for clunkers.
An article in the New York Times criticised the so-called “cash for clunkers&# legislation that would give people vouchers worth as much as $4,500 to replace old cars with new ones. It would also be required that the loans be used to buy cars achieving at least 32mpg to push innovation - the threshold would increase each year.
Isn’t there anyone to buy my car? Below is a list of few junk car removal centers that pay cash, you can visit to these sites and can evaluate your car or can directly contact them. CashAuto Salvage Sell Your Car In Scottsdale, AZ junkyard will pick up your vehicle anywhere within the greater Scottsdale, AZ area – FREE!
According to a report from Automotive News , dealers are getting worked up about the prospect of not receiving money swiftly enough — mimicking some of the hardships endured during the Cash-for-Clunkers period. Car dealers are asset rich and cash poor. All of a sudden, the dealer is in a cash crunch."
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