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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 [...]
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 [...]
The Dodge Caliber dropped out of the top ten bestselling vehicles in the latest snapshot of the Car Allowance Rebate System (CARS) results. Chrysler Group’s share of sales also dropped, from 10.6 percent to 9.1 percent of transactions. The Chevrolet Cobalt also lost its top ten position, leaving Ford as the only U.S. automaker represented [...]
Reacting to shortages caused by the popularity of the Car Allowance Rebate System (CARS), the Department of Transportation has approved rule changes that would allow vehicles in production but not yet delivered to qualify to the program. Dealers would still need the Vehicle Identification Number to file a claim. As the VIN is assigned late [...]