And just like that, the Cash for Clunkers program is over. The Department of Transportation announced today that it will end funding for the program on Monday night. More details on Green Car Advisor if you care. We're over it already.
Green Car Advisor: Cash for Clunkers Ending Monday Night
firstwagon says:
06:25 PM, 08/20/09
Too bad, now people will have to find something new to whine about.
roadburner says:
06:54 PM, 08/20/09
And all this time I thought "Cash for Clunkers" was the new UAW marketing slogan...
eronne says:
08:47 PM, 08/20/09
Well, the government seems have done their best, just as the Inside Line says: As a sales motivator, Cash for Clunkers has certainly been good for stimulating car sales. But the government can only do so much to help.
Although the program would end before we expected, and only run for a couple of weeks, it do contribute to the car industry, General Motors is enjoying a recent sales uptick and Chrysler had announced it would increase its production.
http://blogs.albawaba.com/replicajewelry
flicmod says:
05:47 AM, 08/21/09
Thank God this is ending. The economic toll this is taking is already being felt, and I'm sure it'll only reveal to be worse in a few months to a year when all that false demand catches up to the consumer.
estreka says:
02:29 PM, 08/21/09
"And all this time I thought "Cash for Clunkers" was the new UAW marketing slogan"
That's pretty accurate, actually. After all, Chrysler sold a LOT of vehicles with this program.