GM Sales Drop in August
2 Sep 2010, 08:27 UTC · By: Daniel Patrascu / The moment of truth for the American automotive industry has arrived, as all the struggles of 2009, including the administration's efforts to save a dying industry, are beginning to show their ...
Cash for Clunkers Program Exceeded Forecasts
10 Mar 2010, 17:26 UTC · By: Andrei Tutu / Last year’s Cash for Clunkers program determined a greater boom on the U.S. car market than it was previously estimated, even surpassing governmental forecasts, as CNNMoney reports, citing dat...
Russian Cash for Clunkers Program Affected by Bureaucracy
8 Mar 2010, 08:06 UTC · By: Andrei Tutu / Last year, the Russian automotive market saw a massive 56 percent decrease, only managing to total 1.4 million units, in spite of the fact that the country’s government had introduced a scrapp...
China's Car-Buying Support Policies Show Effect
14 Feb 2010, 19:24 UTC · By: Andrei Tutu / On January 1 2010, the Chinese government debuted an automotive purchase stimulus program, allowing car buyers to couple a purchasing tax cut with a cash for clunkers scheme. This policy has generat...
U.S. Unsatisfied With Japan's Cash for Clunkers Program
4 Feb 2010, 14:46 UTC · By: Andrei Tutu / The United States is disappointed with Japan’s modifications to the latter’s cash for clunkers program. The Japanese scrappage scheme now allows U.S. cars but limits their number, accord...
Japan's 2009 Auto Production Plummeted
29 Jan 2010, 12:22 UTC · By: Andrei Tutu / 2009 was a grim year for the auto industry, as the world got deeper into the economic crisis woods. The Japanese automakers have not escaped this situation, as Japan’s 2009 domestic automotive...
U.S. Cars Now Allowed in Japan’s Cash for Clunkers Program
20 Jan 2010, 13:14 UTC · By: Andrei Tutu / Japan has modified its scrappage scheme conditions in order to allow U.S. cars to enter the program properly, subsequent to the United States’ complaints, Reuters noted. In a statement from...
US Cars Cut Out of Japan’s Cash for Clunkers Program
21 Dec 2009, 08:51 UTC · By: Alex Vasile / The cash for clunkers program has had a great success in the United States, as about 677,000 vehicles have been sold. Though the “Buy only American built” philosophy has been promoted si...
UK Motorcycles Trade Groups Ask for Government’s Help
9 Nov 2009, 15:21 UTC · By: Alina Dumitrache / The decline of motorcycle sales in the UK have made advocacy and trade groups repeat their call for a motorcycle ‘Cash for Clunkers’ initiative. Registrations for October 2009 were 27 pe...
Ford Successful Even Without Cash for Clunkers
3 Nov 2009, 10:23 UTC · By: Bogdan Popa / When the government officially closed the Cash for Clunkers programme, most of the US automakers registered massive drops in their local sales, with consumers less interested in buying new cars with...
Cash For Clunkers Brings $2 Billion in Taxes
14 Oct 2009, 06:57 UTC · By: Bogdan Popa / Cash for Clunkers was undoubtedly a very successful campaign, especially when considering that after the first money package approved for the scheme got entirely spent after approximately one week. ...
Over 60,000 Clunkers Rejected in US CARS?
22 Sep 2009, 11:46 UTC · By: Bogdan Popa / The United States Car Allowance Rebate System proved to be an extremely successful initiative, as it sold hundreds of thousands of fuel efficient vehicles. According to the official website of the s...
Best August Sales Since 2003 for Mazda
2 Sep 2009, 14:50 UTC · By: Alina Dumitrache / Mazda reaps what the Federal government's "Cash for Clunkers" (CARS) program has sown and has reported best sales month of the year and best August since 2003. Mazda’s August...
Mexican Cash for Clunkers Still Disappointing
21 Aug 2009, 10:56 UTC · By: Bogdan Popa / The success of the US Car Allowance Rebate System wowed everybody around the world so other countries are trying to follow the American example in order to revive their local auto sectors. Unfortuna...
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...
Chinese Cash for Clunkers Continues Through 2010
19 Aug 2009, 15:09 UTC · By: Bogdan Popa / China decided to extend the local cash for clunkers program into 2010 as the scheme has the potential to boost car sales even more through the cash incentives offered by the government. The Chinese ...
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...
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...
What CARS? Maybe Cash for Refrigerators...
6 Aug 2009, 10:52 UTC · By: Bogdan Popa / Senator John McCain is one of those who believe that approving an extra $2 billion package for the amazingly-popular Cash for Clunkers scheme is a bad, bad idea. He thinks that the Senate should rej...
Senate Agrees with $2B Cash for Clunkers Extension
6 Aug 2009, 10:14 UTC · By: Bogdan Popa / The United States Senate finally reached a long-awaited deal on extending the Cash for Clunkers scheme late Wednesday. Democrats and Republicans will vote on the plan on Thursday which will bring an...