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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 "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 ...
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 ...
Speaking at the 2010 North American International Auto Show in. U.S. Secretary of Transportation Ray LaHood has described the federal car trade-in program known as "Cash for Clunkers" as "the most ...
As the CARS program -- a.k.a. "cash for clunkers" -- helped an estimated 700,000 cars find new homes, it was sometimes easy to forget the opposite end of the process. For every car that was ...
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 ...
As the "cash for clunkers" program kicked into high gear this week and dealers started accepting trade-ins, automakers heralded the new effort as a way to boost sales, national energy security ...
The U.S. public has been far too accepting of the government's "cash for clunkers," or CARS program -- and now all the money is gone. As of Monday, said U.S. Transportation Secretary Ray LaHood ...
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