Cash for Clunkers Was a Waste

After the government program is over many intelligent people start asking questions and try to figure out if the CARS was worth all that money. Here are some interesting thoughts.

Ford Increases Truck Production

It seems that Cash for Clunkers really pulled automakers out of economic troubles and low sales. The manufacturers do not worry any more about sales and are counting the great profits after the program. Ford is so excited about big auto sales that it decided to increase the production by adding shifts to the truck plants in Missouri and Michigan.

Motorcycles Are Left out of Cash for Clunkers

It is interesting that Cars Allowance Rebate System or CARS more known as Cash for Clunkers has not included motorcycles although they are really fuel efficient on the roads. Many people wonder why American government wants to move people to new gas sipping vehicles, but does not consider bikes which can easily get 40 mpg.

Cash for Clunkers Is Almost Over

Today is the last day for the government program Cash for Clunkers. Although they expected it to last till November, it took only one month to use $3 billion in funding. The U.S. Department of Transportation is going to end the program at 7 p.m. Central time today, August 24.

Charities Suffer from Cash for Clunkers

GM Offers Zero-Percent Financing

Cash for Clunkers has great popularity and its funds are thinning out very quickly. President Obama was delighted to hear this news and signed a document which allows extending the program with additional $2 billion in funding.

Cash for Clunkers Is Nearly Over

Cash for Clunkers is up and running, but many believe that it will not last as long as it was supposed to. The arrangers of the program had two limits: either run it till November 1, or till the time the Department of Transportation will run out of money set apart for CARS: $1 billion.

Cash for Clunkers Requires Auto Insurance

American government has really developed an interesting program which attracts many vehicle owners. Cash for clunkers or CARS (Car Allowance Rebate System) offers the owners of old gas guzzlers to trade in their autos into new fuel efficient ones. Along with the trade-in the owner will receive up to $4,500 rebate.