cash for clunkers

Toyota, Honda & Others Boost Output To Meet Cash-For-Clunkers Demand
Toyota, Honda & Others Boost Output To Meet Cash-For-Clunkers Demand

Many eager auto shoppers in Japan have been stymied by inventory shortages, but according to the Wall Street Journal, the wait for new wheels may be coming to an end. The Journal reports that most Japanese companies are ramping up output, with significantly more cars rolling off the lines over the...Read More»

Clunkers
Americans In No Hurry To Retire Clunkers, As Sales Falter

It's the cycle of life. As we buy new vehicles, we trade others in; frugal used-car owners buy those, and sell their older vehicles. And in turn, a tired heap of a vehicle is retired. Trouble is, we're not retiring as many vehicles as we used to. The average vehicle in the U.S. is now about ten...Read More»

Cadillac dealership
September Auto Sales Surged, But There's A Clunkers Reality Check

Sales were up 29 percent this past month, versus last September. But before you crack open the champagne and celebrate the end of the auto-industry recession, remember that last September a number of showrooms were very, very quiet. It's a little hard to interpret, as the Cash for Clunkers program...Read More»

Cadillac dealership
Signs Of A Rebound, Yet The Worst Auto Market Since The 1950s

Some of the phrases used in headlines this week, to describe August auto sales, have been brutal: "sales slowing to a crawl," "taking a tumble," or "struggling along" were just a few. But they're pretty appropriate. "We saw the worst August in 28 years," looking at sales altogether, assessed Jesse...Read More»

2011 Chevrolet Volt
Today in Car News: Volt, Cruze, and Cash for Clunkers Redux

Without a Cash for Clunkers boost, August car sales were soft. Recovery summer, where for art thou? [Detroit Free Press] The 2011 Chevrolet Volt is close to reality: production begins on Veterans' Day. [AutoBlogGreen] GM is seeking to trademark "range anxiety" as it pitches the Volt at...Read More»

2011 Jeep Grand Cherokee
Auto Sales Down, But Ford And Chrysler Take Back Market Share

The industry is still suffering, and sales haven't truly found their rebound yet. But Ford and Chrysler are showing surprisingly strong in the market, compared to where they were last year. Versus the Cash for Clunkers frenzy of last summer, sales are way down—about 20 percent versus last...Read More»

scrap heap
Feds: Most Cash For Clunkers Dealerships Followed The Rules

It seems that some Cash for Clunkers vehicles—and paperwork—have gone missing. We knew it would happen. With hundreds of thousands of vehicles taken on trade—some in good shape and worth potentially more than their $4,500 rebate value—it’s no surprise that a few, somewhere, didn’t end...Read More»

Cash for Clunkers banner with Mercury Sable, Albany, New York
Cash For Clunkers Leaseholders Already Looking For A Way Out?

Last year the federal government's CARS program—better known as Cash for Clunkers—sparked a frenzy of shopping for smaller, more fuel-efficient cars, retired older guzzlers, and boosted an ailing industry. Now, a year later, it sounds like a significant portion of those people are...Read More»

Clunkers
Despite Clunkers, U.S. Still Scraps More Cars Than It Buys

While last summer's Cash for Clunkers program appears to have accomplished many of its goals, car and light-truck sales are still far from returning to where they were just a few years ago. In fact, just months ago, the U.S. was scrapping more vehicles than were sold. R.L. Polk & Co. studied...Read More»

2010 Hummer H3
HUMMER News: H3 Deemed Fuel-Efficient, H1-Spawning Humvee Dies

We haven't heard a lot about HUMMER lately. The closing of its sale to Chinese firm Sichuan Tengzhong Heavy Industrial Machinery has been delayed several times, vehicle sales have fallen, and U.S. production of its H3 is at a halt though it has announced 2010 updates. So we thought a couple of...Read More»

Car Crusher by Flickr user wilkesjournal
U.S. Fleet Shrinks, As More Vehicles Go To The Crusher

For the first time since Word War II, the annual number of vehicles scrapped exceeded the number of new vehicles sold. That’s solemn news for the auto industry. U.S. vehicle sales had been in a sustained boom period of 15 to 17 million vehicles per year from 1994 through 2007. And the size of the...Read More»

Cash for Clunkers banner with Mercury Sable, Albany, New York
Clunkers Results: CA, DC See Most Benefit; LA, MI See Least

Drivers in California and Washington, D.C. realized the most benefit from last summer's Cash-for-Clunkers program, using federal incentives to purchase vehicles that averaged 10.4 miles per gallon better than their old ones. At the other end of the scale, folks in Louisiana saw the least...Read More»

Japanese travel poster
Detroit Cries Foul On Japan's Cash-For-Clunkers Program

As congress planned the controversial Cash-for-Clunkers program over the spring and summer of this year, there was some discussion of limiting new car subsidies to American brands; that provision was dropped, however, following outcries from other countries and from thousands of employees who work...Read More»

2010 Subaru Impreza WRX STI Special Edition
CARS Trades, New Models Bring Subaru A Record Year Of Sales

As overall auto sales have slumped, Subaru has been one of the few bright spots in the auto industry this year, with many year-over-year sales increases to report; in fact, through November of this calendar year, Subaru has already sold as many vehicles as it did in all of last year. And over the...Read More»

Clunkers
Carfax Introduces Free Clunker Check

Vehicle history provider Carfax has partnered with the National Highway Traffic Safety Administration to introduce a new Clunker Check service. The simple Carfax query page allows you, merely by entering the vehicle identification number (VIN) of the suspect vehicle to check whether it was written...Read More»

Ford Explorer Fire
Cash-For-Clunkers Reveals Weakness Among Detroit Brands

It's obvious from the comments on this site and others in the High Gear Media family that Cash-for-Clunkers remains a hot-button issue, and new data about the program is likely to fuel the fire: according to stats from the National Highway Traffic Safety Administration, most car buyers used...Read More»

Nissan President and Chief Executive Carlos Ghosn
Carlos Ghosn: Auto Sales Have Bottomed, Nowhere To Go But Up

Speaking at a World Economic Forum in New Delhi, Carlos Ghosn -- head of Nissan Motor Company and Renault SA -- had some interesting things to say about the global auto industry. Among the most notable and encouraging items, Ghosn believes that the international sales slump has ended and that the...Read More»

The White House, Washington, D.C.  [Creative Commons license by dcjohn]
Cash-For-Clunkers Smackdown: White House Takes on Edmunds

When Edmunds.com released its report on the Cash-for-Clunkers program on Wednesday, saying it cost $24,000 for each vehicle that wouldn't otherwise have been sold, it must have expected pushback. It may not have anticipated, however, a sharp retort from the highest office in the land: the White...Read More»

Rusty pickup
$24,000 Cash Per Clunker? So Says The Analysis

The Car Allowance Rebate System (CARS) was proposed as a necessary and cost-effective way of stimulating the economy and the car industry when it was being debated this summer. Once it went into action, it proved hugely popular, needing emergency funding expansion to meet the demand. But what was...Read More»

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