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 ...
150,000 Cars Sold Through UK Scrappage
11 Aug 2009, 09:24 UTC · By: Bogdan Popa / Scrappage schemes brought significant changes all over the world, as governments encouraged buyers to purchase new and greener models with cash vouchers offered in exchange for trading-in old cars. ...
Audi Adds $1,000 Over CARS Incentive
6 Aug 2009, 07:19 UTC · By: Bogdan Popa / Even if some people are warning that the US Car Allowance Rebate System (CARS) might be halted due to the lack of funds, German manufacturer Audi announced a new incentive for buyers who purchase on...
No More Double Cash from Chrysler
3 Aug 2009, 12:05 UTC · By: Bogdan Popa / As we told you in July, Chrysler had an interesting approach over the US Car Allowance Rebate System (CARS), offering up to $4,500 to consumers who agree to trade-in an old car and purchase a new Ch...
Kia and Hyundai Offer Incentives to Fired Employees
3 Aug 2009, 11:12 UTC · By: Bogdan Popa / Kia and Hyundai are trying a different approach in South Korea, a country which now faces gloomy predictions when it comes to new car sales in the upcoming months. The government recently shut down ...
Dealers Set Up Auto Stimulus Plan
3 Aug 2009, 10:23 UTC · By: Daniel Patrascu / Seeing their sales sky rocketing and then in threat of smashing back down, several large automotive retailers in the US thought of their very own version of the Car Allowance Rebate System (CARS), T...
Goodbye, Cash For Clunkers?
31 Jul 2009, 06:58 UTC · By: Daniel Patrascu / The huge success of the 5-days old Car Allowance Rebate System (CARS)is proving to be a real problem, as reports started coming in saying the $1 billion allocated for CARS have almost been spent. ...
How CARS Helps the Economy
29 Jul 2009, 12:45 UTC · By: Daniel Patrascu / You all know by now the American version of a scrappage program, the so-called Car Allowance Rebate System (CARS) debuted this week. What not all know is that the program has begun lending a hand to...
Chrysler Doubles CARS Incentives
22 Jul 2009, 13:28 UTC · By: Daniel Patrascu / In an attempt to both boost sales and bring back customers it lost during its bankruptcy struggle, American manufacturer Chrysler announced the "Double Cash for Your Old Car" program, whic...
Ford Objects Visteon Employee Incentive
14 Jul 2009, 09:00 UTC · By: Daniel Patrascu / Bankrupt American part supplier Visteon has setup an employee incentive program which, in Ford's opinion, is “entirely too rich, given current market and economic conditions.” The c...
Spain Approves Motorcycle Scrappage Scheme
8 Jul 2009, 14:02 UTC · By: Alina Dumitrache / Spain’s Council of Ministers has approved a scrappage scheme for the sector of the two-wheeled vehicles that will go from 225 to 750 euros if the buyer gives up his old motorcycle. This aid pr...
Spain June Sales Promising
1 Jul 2009, 14:33 UTC · By: Daniel Patrascu / Finally, after months of battling the economic crisis, Spain sees the light of day as new vehicle sales recorded slight improvement in the country, largely thanks to the scrappage incentives set up ...
GM's 72-Hour Sale
1 Jul 2009, 07:15 UTC · By: Daniel Patrascu / General Motors announced today it will begin two sales offers in July, namely the 72-hour sale and the Say Goodbye, the latter based on the recently approved Car Allowance Rebate System (CARS). The ...
Almost All Honda Models Eligible for US CARS
30 Jun 2009, 14:15 UTC · By: Bogdan Popa / Japanese manufacturer Honda today revealed that almost all models in its American lineup qualify for the United States Cash for Clunkers scheme that allow buyers trade-in an old car in exchange for ...
Kia Confirms 11 Models Eligible for US CARS
28 Jun 2009, 09:33 UTC · By: Bogdan Popa / After the United States government approved the Car Allowance Rebate System (CARS), automakers selling cars in the country rushed to announce their very own models participating in the scheme. The g...
Cash for Clunkers Provisions
12 Jun 2009, 07:10 UTC · By: Daniel Patrascu / As we told you a few days ago, the U.S. House of Representatives gave the green light to the so called "cash for clunkers" bill, which is now expected to become part of a larger US auto in...
US "Cash for Clunkers" Bill Gets Green Light
10 Jun 2009, 14:07 UTC · By: Daniel Patrascu / The time for debate is now over, as the dreaded by some-dreamed of by others cash for clunkers bill has passed yesterday the U.S. House of Representatives vote. At a macro level, the bill is intende...
Chrysler Debuts New Consumers Incentives
3 Jun 2009, 14:57 UTC · By: Bogdan Popa / Although it is currently fighting for survival under Chapter 11 protection, Chrysler is still struggling to lure consumers into its dealerships and boost sales as much as possible. The latest attemp...
UK Loves Scrappage...
29 May 2009, 09:05 UTC · By: Daniel Patrascu / ...no offense. The United Kingdom's recently introduced scrappage scheme is the mother of all such incentives, as according to the data submitted so far, some 35,000 people have went for it. Si...
Fight "Cash for Clunkers"
21 May 2009, 10:03 UTC · By: Daniel Patrascu / The American version of the European scrappage scheme, largely know as the "Cash for Clunkers" bill, has stirred a lot of debate in the US. This time, a more aggressive initiative, set in ...