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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 Obama administration's "cash for clunkers" program has gotten the U.S. auto industry off its deathbed. The program, which gives people up to a $4,500 incentive to exchange their old gas ...
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 ...
Doerr, in public speeches, called the proposal "cash for caulkers". Separately U.S. Representative Peter Welch proposed a system of energy rebates to Rahm Emanuel, Obama’s Chief of Staff. [3] Obama, in turn, proposed the idea as part of a larger new stimulus program, at a speech at the Brookings Institution on December 8, 2009. [4]
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 ...
The "Cash for Clunkers" program lives. The Senate voted Thursday evening to jump-start the ultra-popular plan with an additional $2 billion in incentives to trade in older, gas-guzzling cars for ...
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 ...
Two early states to implement the program were Illinois, which received $12.4 million, and Iowa, which received $2.8 million. [3] The program was officially closed in all US states and territories on Friday, February 17, 2012. [4]
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