CARS Deadline to Extend Throughout Tuesday
25 Aug 2009, 09:58 UTC · By: Daniel Patrascu / The US Transportation Department announced it will extend the deadline for the submission of Car Allowance Rebate System claims until at least noon on Tuesday, August 25, after the dealer web site a...
Mazda Approves $20 Million for Reimbursing US Dealers
22 Aug 2009, 10:33 UTC · By: Bogdan Popa / With the US Car Allowance Rebate System scheme ending on Monday, several dealers are still screaming that they haven’t received their payments following clunkers submissions. Even if the White...
Computer Glitches Slow Down Clunkers Submissions
22 Aug 2009, 10:31 UTC · By: Bogdan Popa / Problems are far from being over for dealers that took part in the United States Car Allowance Rebate System. After most of them complained that they didn’t get reimbursed for the vehicles the...
CARS Crashes on Monday
21 Aug 2009, 08:39 UTC · By: Daniel Patrascu / The Car Allowance Rebate System (CARS) is approaching its surprisingly fast demise, as the Obama administration will put an end to it on Monday, August 24 at 8 PM EDT. The program burned through all...
5 Million Guzzlers Still on US Roads
20 Aug 2009, 14:53 UTC · By: Bogdan Popa / The Car Allowance Rebate System was undoubtedly an applaudable initiative, with many hundreds of thousands of Americans trading-in their old cars for a new and more efficient one. But there's s...
GM to Pay Dealers for CARS Rebates
20 Aug 2009, 14:05 UTC · By: Daniel Patrascu / American manufacturer GM decided to step in and lend a hand to dealers upset about the hiccups in the Car Allowance Rebate System reimbursements. Perhaps trying to make it up to dealers for the trou...
Ford Prepares for China's Attack
20 Aug 2009, 09:44 UTC · By: Bogdan Popa / The Car Allowance Rebate System, which is now on the verge of closure, brought US automakers back on track and made them hope for better times in the future. Ford, the only major US-based car manufa...
US Assures Dealers They'll Get Their Money
20 Aug 2009, 08:55 UTC · By: Daniel Patrascu / In a response to the growing discontent to the way in which the reimbursement process for the Car Allowance Rebate System moves, US President Barack Obama's administration stepped in and tried ...
Most Dealers Still Waiting for First CARS Payment
20 Aug 2009, 07:59 UTC · By: Daniel Patrascu / The immense success of the Car Allowance Rebate System appears to have manifested itself only on paper, as almost two thirds of the dealers participating in the program say they are still waiting to...
Auto Stimulus Plan to Replace CARS?
20 Aug 2009, 07:36 UTC · By: Daniel Patrascu / With the National Automobile Dealers Association (NADA) recently saying that the Car Allowance Rebate System (CARS) is running out of money, again, the other, parallel auto stimulus package currentl...
NADA Says CARS Funding Depleted
20 Aug 2009, 07:12 UTC · By: Daniel Patrascu / Another blow to the Car Allowance Rebate System has been dealt by National Automobile Dealers Association officials (NADA), who once again warned the funding for CARS has been exhausted. And by that...
CARS Appeal Fades Away?
20 Aug 2009, 05:48 UTC · By: Daniel Patrascu / The glory days of the Car Allowance Rebate System (CARS) are coming to an end, as a recent report says the purchase intent of automotive buyers in the US dropped by as much as 31 percent from the pe...
Toyota, the Most Popular Clunker Choice
18 Aug 2009, 10:12 UTC · By: Daniel Patrascu / The battle for supremacy in the US continues, as every week sees charts, tables and standings drafted to find out who is leading the Car Allowance Rebate System (CARS) race. This week's winner ...
Cash for Clunkers Out of Money Within a Month
14 Aug 2009, 15:00 UTC · By: Bogdan Popa / The $3 billion package approved by the United States government for the Car Allowance Rebate System might get spent in one month, Ford Motor Co.'s chief economist said when talking about the re...
Nissan Adds Bottom Line Deals Alongside CARS Rebates
10 Aug 2009, 10:19 UTC · By: Alexandru Radu Chis / After we reported earlier how Nissan plans to focus its marketing strategy for the Leaf EV it was only normal that the Japanese car maker would facilitate that premiere by drastically reducing its c...
Americans Still Attracted by Gaz Guzzlers
7 Aug 2009, 12:13 UTC · By: Bogdan Popa / In spite of the economic recession that brought the United States auto industry on the verge of collapse, Americans are still attracted by high-displacement engines, GM Vice Chairman Bob Lutz said. ...
The Dark Side of CARS
7 Aug 2009, 09:34 UTC · By: Daniel Patrascu / The recently approved refunding of the Car Allowance Rebate System (CARS) has raised concerns among those who believe that the effects of the program, although undoubtedly profitable, will be perha...
NADA Pleased with CARS Refuel
7 Aug 2009, 07:50 UTC · By: Daniel Patrascu / The National Automobile Dealers Association (NADA) is pleased with the passing of the additional $2 billion in funding for the Car Allowance Rebate System (CARS). The new funding, estimated to keep ...
Saved: CARS Lives On
7 Aug 2009, 06:39 UTC · By: Daniel Patrascu / After a very uneasy week, the US Senate approved the $2 billion extension for the Car Allowance Rebate System (CARS), until now in danger of being discontinued due to the lack of funds. The new fund...
GM, Profitability by 2011
6 Aug 2009, 14:27 UTC · By: Bogdan Popa / Things are getting better for former bankruptcy automaker General Motors who's experiencing high sales in the domestic market following the US government scrapping scheme. And the future sounds...