cash for clunkers

In recent years, governments have increasingly worked to encourage the sales of plug-in electric vehicles. Incentive programs for the purchase of a low-emission vehicle have been adopted across the world. The amounts granted and the mechanisms vary according to the individual program, but the goal...

Talk about up-again, down-again. It was just a year ago when a global shortages of 2010 Toyota Prius models kept supplies tight all over the world. Now, they may start to pile up on dealer lots again. Last summer, the company had just launched the all-new 2010 Prius, the third generation of the...

It was so much easier just a few short years ago. Luxury cars wafted and sports machines roared, with nary a thought to gasoline consumed. Hybrids were for weenies, and everyone knew their place. But now? A hybrid Ferrari, a hybrid Porsche race car, an electric BMW ... what is the world coming to?...

A new study concludes that last summer's government-funded "Cash For Clunkers" program didn't hurt car sales rates in future months, and in fact did just what it set out to do: get old, low-mileage cars off the road and stimulate auto sales in the U.S. An analysis by Maritz Research refutes one of...

Speakers throughout today's Electric Drive Transportation Association conference agree: Plug-in electric cars that use little or no gasoline are coming. It's no longer an "if", it's now a "when." To help boost early adoption of cars that run mostly or entirely on grid power, the Federal government...

As global demand remains high for the 50-MPG 2010 Toyota Prius, stocks of the car at U.S. dealers are down to a one-week supply, which is all but sold out. A normal supply is considered to equal 60 days' worth of sales. Sales of the 2010 Prius spiked in late July and August, due to a combination of...

Thanks to the strong financial incentives offered by the Cash-For-Clunkers program, the average gas mileage of new vehicles sold in the U.S. during August reached a record high: 23 miles per gallon, up 8 percent from the 21.2 mpg in August 2008. The calculations were done by the trade journal...

We've just read some nice investigative reporting by DailyTech's Jason Mick on a well-known but infuriating phenomenon: auto dealer price gouging, in this case on the sought-after 2010 Toyota Prius. We're far from the only outlet to note that the Cash-For-Clunkers plan boosted sales of the 2010...

OK, kids, this is it. If you have a clunker and you want to trade it in and get a $3,500 or $4,500 rebate for a new vehicle under the Car Allowance Rebate Systems (CARS) program ... STOP WHAT YOU'RE DOING. Do it right now, today, and get to your dealer no later than 4 pm. Today. But call first, to...

As we enter the news day on Thursday, it appears that the "Cash For Clunkers" program could well be out of cash. The National Association of Auto Dealers (NADA) asked the US government to suspend the program as of midnight last night, and warned dealers they are at risk of not getting reimbursed if...

Now that Congress has voted another $2 billion in funding for the Car Allowance Rebate Systems (CARS) program, better known as "Cash for Clunkers," the program's success means carmakers are starting to face shortages of their most popular high-mileage models. The latest manufacturer to face a...

By now, anyone who's shopping for a 2010 Toyota Prius knows that Toyota's newest hybrid is a smash hit. Global demand is high, the company is making as many cars as it can get battery packs for, and the US Cash-for-Clunkers program has boosted sales of the new hybrid even above already-high demand...

Before it launched in the US in March, the 2010 Honda Insight generated huge buzz. It was the "affordable hybrid," the "Prius killer," Honda's triumphant re-entry into the dedicated hybrid market it abandoned with the first generation Insight in 2006. So how's it going? Well, 2010 Insights are...

Last Tuesday, we noted that sales of the 2010 Toyota Prius have soared due to the Cash-for-Clunkers program. In fact, it's the fourth most popular vehicle purchased to replace a clunker trade-in. The unexpected success of the Clunkers trade-in system, formally known as the Car Allowance Rebate...

Thinking about trading in your clunker for a nice, new, fuel-efficient car? Take a breath; the first-week success of the Car Allowance Rebate Systems (CARS) program, better known as "Cash for Clunkers," looks to be continued at least through Labor Day. Last Friday, the US House of Representatives...

This morning's Detroit News lists the amount of cash each state has gotten thus far under the Car Allowance Rebate Systems (CARS) program, better known as "Cash for Clunkers". The paper notes, "Michigan ranks No. 1 in the nation ... with $34.4 million requested from the federal government as of...

Never let it be said US car buyers don't know a good deal when they see one. The Toyota Prius has become the fourth-most popular car purchased under the first 80,000 Cash-for-Clunkers vouchers processed by the US Department of Transportation. In fact, Toyota sold 19,173 Priuses during July, almost...

Who knew? Turns out Americans just needed a little nudge to visit their car dealers, but the promise of an extra $3,500 or more in incentives was enough to push car buyers over the hump and get them to trade in their clunkers. And how. As we reported Friday on our sister site TheCarConnection.com...

The 135 pages of Cash-for-Clunkers regulations rules require the dealer who sells you your new, more fuel-efficient car to 'disable' the engine of your traded-in clunker. But how do those dealers actually destroy the engine? Three words: sodium silicate solution. It's a combination of water...

Despite IRS tax credits and superior gas mileage figures, BMW is reportedly having a tough time selling its new diesels, the 2009 BMW 335d sports sedan and the 2009 BMW X5 xDrive35d (yes, that's really its name). We've thought from the beginning that Volkswagen would be the big winner in selling...