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The federal program aimed at improving air quality while benefiting U.S. automakers largely missed at least one of its marks locally. Eight of the 10 most popular local trade-ins during Cash for Clunkers were built by U.S. automakers, a Bee review of...
Tags: American, U.S, foreign brand, clunkers program, vehicle purchases, Ford, Chrysler, Japan, Toyota, Car Allowance Rebate System, Ford Motor Company, General Motors, Dodge, Ford Explorer, Business Finance, Car manufacturers, Transportation in the United States, 111th United States Congress
The Obama administration on Thursday lashed out at a prominent critic of its Cash for Clunkers program, arguing that the popular trade-in initiative helped give the auto industry and the economy a much needed boost in the past few months. In a blog post...
Tags: web site, clunkers program
Fort Lauderdale-based AutoNation on Thursday reported a $65 million profit for the just-finished quarter, goosed by "Cash for Clunkers" sales and reversing a year-ago loss when it took a big write-off in a crashing auto market. The country's largest auto...
Tags: U.S, AutoNation Inc., automotive retailers, lower cost, clunkers program, posts profits, largest automotive, program helped, vehicle sales, autonation posts
Originally published Wednesday, October 14, 2009 at 5:36 AM Sept. retail sales fall 1.5 percent post Clunkers Retail sales declined in September by the largest amount this year as car sales plummeted following the end of the government's popular Cash...
Tags: retail sales, Commerce Department, U.S, consumers spending, popular cash, Intel, clunkers program, car sales
He'll work with industry insiders on both the public and private level. Slide on Wall Street extends to four days The stock market extended its slide to a fourth day Wednesday as investors worried that a weak job market will trip up the economic recovery.
As the automotive version of Cash for Clunkers ends, Cash for Clunkers, appliance edition, is set to begin. This one should be a bit less hectic, but it, too, should provide a win-win result of spurring sales and reducing pollution. Just as the Cash for...
Tags: clunkers program
Nevada ranked near bottom in people taking advantage of the federal government's recently ended Cash for Clunkers program. Government data and a report prepared by consultant Applied Analysis of Las Vegas show the state 48th with an estimated 1.3 out...
Tags: U.S, clunkers program, Nevada
Personal incomes have fallen or remained unchanged in eight of the past 10 months. Many economists say the clunkers program and other government stimulus efforts are boosting economic growth in the final half of this year, ending the recession. But they...
Tags: consumers spending, Commerce Department, spending rose, personal income, advertising revenue, clunkers program
Craig Cash for Clunkers was like a bittersweet candy, Victory Motors co-owner Steve Maneotis said. There’s enough to like, but something about it doesn’t work. “I thought the theory of the program was excellent,” Maneotis said. “It did create some traffic,...
Tags: Colorado Automobile Dealers Association, Colorado Department of Revenue, clunkers program
The popular Cash-for-Clunkers program, which has generated sales of nearly 490,000 vehicles in the U.S., worth more than 2 billion dollars, ended Monday night after a wildly successful run. Car sales in July were the highest since August 2008 and...
Tags: clunkers program, car sales