Auto Dealers Swamped as Trade-In Rebate Ends
Aug 25, 2009
PHOENIX August 24, 2009 Tim Gaynor writing for Reuters reported that Americans swamped auto dealerships on Monday during the final hours of the government's popular "cash-for-clunkers" program, which offered rebates of up to $4,500 to trade in older gas guzzlers. Dealers from California to Texas saw lots empty of cars, ... Continue reading
Cash For Clunkers a Jolt For Car Sales; Not a Fix
Aug 25, 2009
As Cash for Clunkers comes to an end, auto industry comes down from its sugar high WASHINGTON August 24, 2009; Stephen Manning and Ken Thomas writing for the AP reported that now comes the hard part for the auto industry -- luring customers without big Cash for Clunkers discounts. The popular government rebates gave au ... Continue reading
AIADA Applauds Extension of the CARS Deadline
Aug 24, 2009
Dealers Will have Until Noon Tomorrow to Submit Clunkers Transactions ALEXANDRIA, VA (August 24) â The American International Automobile Dealers Association (AIADA) applauds the Department of Transportation's decision to extend until 12 p.m. EST Tuesday the deadline for dealers to submit their Car Allowance Rebate ... Continue reading
Auto Dealers Call for More Time to Submit CARS Transactions
Aug 24, 2009
Website Crashes Have Stalled Submission Process ALEXANDRIA, VA (August 24, 2009; The American International Automobile Dealers Association (AIADA) today asked the Department of Transportation to extend its Car Allowance Rebate System (CARS) deadline, so that dealers will have time to submit all of their Cash for Clunke ... Continue reading
Auto Dealers Race to File Clunker Deals
Aug 24, 2009
Washington DC August 24, 2009; The AIADA newsletter reported that after a weekend sales surge, auto dealers are racing to file for Cash for Clunkers rebates before the program ends this evening. According to the Wall Street Journal, many are moving early to halt sales of vehicles under the Car Allowance Rebate System t ... Continue reading
AutoNation Stops Taking Cash for Clunker Deals
Aug 22, 2009
CHICAGO August 22, 2009; Matthew Lewis writing for Reuters reported that AutoNation Inc, the largest U.S. chain of auto dealers, decided to end its "cash for clunkers" rebates as of Friday night, three days ahead of the government's Monday deadline, The Wall Street Journal reported. The program, aimed at boosting vehic ... Continue reading
5 Ways Cash for Clunkers Has Changed Car Buying
Aug 22, 2009
One of the most surprisingly successful government efforts to stimulate the modern auto industry is coming to an end -- and much sooner than expected. The Car Allowance Rebate System, better known as Cash for Clunkers, is scheduled to end on Monday, Aug. 24 at 8 p.m. After doing âan extensive amount of ... Continue reading
NADA Urges Administration to Extend Deadline for 'Clunkers' Submissions
Aug 21, 2009
WASHINGTON Aug. 21 /PRNewswire-USNewswire/ -- Auto dealers across the country -- this afternoon -- began reporting slow downs or crashes with the CARS computer system. NHTSA was aware of this problem and is reporting that it is fixed. Many dealers are working around the clock to submit their "clunkers" applications to ... Continue reading
Aug 21, 2009
Nation's largest motor club provides tips for consumers to consider and answers frequent questions about Consumer Assistance to Recycle and Save (CARS) program ORLANDO, Fla., Aug. 21 - The U.S. federal government's Consumer Assistance to Recycle and Save (CARS) program, commonly referred to as "Cash for Clunkers," spar ... Continue reading
International Automakers Comment as 'Cash for Clunkers' Program Winds Down
Aug 21, 2009
ARLINGTON, Va., Aug. 20 /PRNewswire-USNewswire/ -- The Association of International Automobile Manufacturers (AIAM) issued the following statement by its President and CEO, Michael J. Stanton, regarding the Department of Transportation's announcement about the end of the cash for clunkers program. "We thank members of ... Continue reading
NADA Statement on the End of the 'Cash for Clunkers' Program
Aug 21, 2009
WASHINGTON, Aug. 20 Cars Allowance Rebate System (CARS) and an unknown number of backlogged deals, the U.S. Department of Transportation announced today that the "cash for clunkers" program will end at 8 p.m. EDT on Monday, August 24. In response, John McEleney, chairman of the National Automobile Dealers Association ( ... Continue reading
Cash for Clunkers to end on Monday
Aug 21, 2009
457,000 vehicle sales later, Obama administration announces end of Cash for Clunkers on Monday WASHINGTON August 21, 2009; Ken Thomas and Stephen Manning writing for the AP reported that new car shoppers have until Monday night to take advantage of lucrative Cash for Clunkers rebates from the government, and the Obama ... Continue reading
NHTSA To Wind Down Cash for Clunkers Program (We Hate To See It Go!)
Aug 20, 2009
WASHINGTON DC August 20, 2009; Ken Thomas and Dan Strumph writing for the AP reported that the Obama administration is developing plans to wind down the popular Cash for Clunkers program and could announce by Friday when the incentives will no longer be available. Transportation Secretary Ray LaHood said Wednesday the ... Continue reading
Beware of Jerk Around! As Cash for Clunkers Finishes, Dealer's Deals Begin
Aug 20, 2009
The Government's Cash for Clunkers Program Is Ending and Leading U.S. Automotive Retailers Have Started a New Auto Stimulus Plan That Offers Up to $4500 to Consumers NEW YORK, Aug. 20 /PRNewswire-USNewswire/ -- Cash for Clunkers is coming to an end. National Automobile Dealers Association officials asked the government ... Continue reading
Strong Consumer Response to Lift August New-Vehicle Retail Sales to Highest Level in the Past Year
Aug 20, 2009
WESTLAKE VILLAGE, Calif., Aug. 20 -- New-vehicle retail sales in August are forecasted to cross the 1-million-unit mark for the first time in the past 12 months, boosted by the government-funded Car Allowance Rebate System (CARS) program, according to J.D. Power and Associates, which gathers real-time transaction data ... Continue reading
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