Cash for Clunkers to end on Monday
WASHINGTON — Car shoppers have until Monday night to take advantage of lucrative Cash for Clunkers rebates from the government, and the Obama administration is hoping for a smooth ending to a program that has spurred auto sales but created headaches for many auto dealers. The popular program will end at 8 p.m. EDT Monday [...]
House Votes to Add $2 Billion to ‘Cash for Clunkers’
July 31 (Bloomberg) — The U.S. House approved an emergency measure to add $2 billion to the “cash for clunkers” automobile purchase program after a burst of demand exhausted most of the initial $1 billion in less than a week. President Barack Obama said he was “very pleased with the progress the House has made.” [...]
Cash For Clunkers – Starts July 27th!
The CAR Allowance Rebate System (CARS) is a $1 billion government program that helps consumers buy or lease a more environmentally-friendly vehicle from a participating dealer when they trade in a less fuel-efficient car or truck. The program is designed to energize the economy; boost auto sales and put safer, cleaner and more fuel-efficient vehicles [...]
GM Asset Sale Approved by Bankruptcy Court
GM Asset Sale Approved by Bankruptcy Court. Cox Chevrolet has been identified as one of the key dealers needed to move forward and will be part of the New GM, below is the letter we received.
Update: Cash for Clunkers
What is the Car Allowance Rebate System or “Cash for Clunkers”? President Obama signed into law a program the National Highway Traffic Safety Administration (NHTSA) is calling the Car Allowance Rebate System (CARS). This is a federal program that helps you purchase a new, more fuel efficient vehicle when you trade in a less fuel [...]
