Cash for Clunkers Could Give Boost to Auto Sales


AutoRemarketing - May 6, 2009

Con­gress is debat­ing a “Cash for Clunk­ers” pro­gram pat­terned after a sim­i­lar pro­gram in Europe. Car buy­ers would be giv­en a vouch­er to help them trade in an old­er, less effi­cient vehi­cle for a new one with a small­er car­bon foot­print. This leg­is­la­tion is part of the ener­gy leg­isla­tive pack­age on Capi­tol Hill. The bill’s ulti­mate fate may depend on whether the Con­gress pass­es a “Cap and Trade” plan.