Cash for Clunker Interest Slows
What started with a bang could end with a fizzle. The government’s cash for clunkers program was a smash out of the gate. People stampeded showrooms after its late-July launch to trade in an old beater for a check of $3,500 or $4,500 to put toward buying a new and more fuel-efficient car. But since the early days of the program, interest is fading. The government said on Aug. 7, dealers sent in applications …
David Welch
Read the whole story at :
Auto Beat - BusinessWeek
Topics: green, cars, market, cool, clunker