by Peter Whoriskey
The biggest single beneficiary of the $3 billion “Cash for Clunkers” government program so far is Toyota, according to federal figures released Friday.
Three of the five most popular vehicles purchased under the program are Toyota models: the Corolla (No. 1), the Camry (4) and the Prius (5).
Halfway through the program, Toyota is getting [...]
by David Kaplan
Here’s a problem Houston auto dealers haven’t had in awhile: They can’t keep enough new cars in stock.
The federal Cash for Clunkers program is so popular that many of them haven’t been able to meet the demand.
Dale Early, owner of Deerbrook Forest Chrysler Jeep, said his inventory is the lowest it has been [...]
by Joseph B. White
Washington topped off the tank of “cash for clunkers” money just in time before it ran dry last week. But would-be car buyers could have to pay up to get some of the most popular vehicles eligible for the program unless car makers order up more production.
Consider the Honda Fit, one of [...]
by Steve Huffman
The Senate on Thursday voted to approve $2 billion to “cash for clunkers,” extending the program intended to get old cars off the road.
President Obama signed the measure into law Friday.
Locally and across the nation, the program has proven popular. In some regards, too much so.
“It’s definitely picked up activity at our business [...]
by Neil Roland
WASHINGTON — The Senate added $2 billion to “cash for clunkers,” ending a week of suspense about whether the popular new program would have to shut down for lack of funds.
The bill, identical to the one that passed the House last week, now goes to President Barack Obama for his signature.
The administration has [...]