Posted on March 9th, 2010 • by Bill Cawthon
Last year’s “Cash for Clunkers” program not only moved a lot of vehicles, it apparently did so without significantly impacting future sales. According to a study by Maritz Automotive Research Group, which surveyed 36,000 customers who bought a new vehicle in July or August 2009, the CfC program generated over a half-million sales that otherwise [...]
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Posted on January 19th, 2010 • by Bill Cawthon
The Chrysler Grand Voyager minivan is one of the American vehicles that will now qualify for rebates under Japan’s “Cash for Clunkers” program. Bowing to pressure from the U.S. government, Japan has opened its stimulus plan to U.S. brand vehicles and will allow small-volume American vehicles if they can meet Japanese emissions standards. Previously, American [...]
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Posted on December 10th, 2009 • by Bill Cawthon
Chrysler, Ford and General Motors have asked the federal government to get tough with Japan over its discriminatory “cash for clunkers” program. The Japanese program gives a tax credit of up to 250,000 yen (about $2,830 at current exchange rates) for trading in a vehicle 13 years old or older on a new vehicle that [...]
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Posted on August 20th, 2009 • by David Zatz
Chrysler Group LLC today announced it will advance its Chrysler, Jeep and Dodge dealers monies for Car Allowance Rebate System (CARS, more commonly known as “Cash for Clunkers”) claims submitted. While the U.S. Department of Transportation is making progress in processing submitted claims, advancing the monies will help dealers’ cash flow.
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Posted on August 20th, 2009 • by Bill Cawthon
If you still have a clunker, you had better make a deal quickly; the U.S. Department of Transportation’s Car Allowance Rebate System program, better known as “Cash for Clunkers” will end Monday, August 24, at 8:00 PM. According to Transportation Secretary Ray LaHood, the decision to pull the plug on the popular program came after [...]
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Posted on August 19th, 2009 • by Bill Cawthon
The National Automobile Dealers Association has asked the Department of Transportation to suspend the Car Allowance Rebate Program immediately. The dealer group says data from an informal survey of its members indicates there are already enough claims in process to exhaust the $3 billion fund and it does not want dealers to be left with [...]
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