Cash for Clunkers News Coverage

The Cash for Guzzlers program is gaining traction in the new media.  Numerous automotive blogs and consumer portals are debating the benefits of the proposed voucher program.  Here are some of the current articles on the website.

News Coverage on Cash For Guzzlers

Auto Week - May 5, 2009 – Democrats cut deal on cash-for-guzzlers measure

All Cars Electric – May 5, 2009 – Cash For Guzzlers Agreement Reached

Wall Street Journal – May 6, 2009 – Cash-for-Clunkers: Lower Your Expectations

Washington Post – May 6, 2009 – Cash-for-Clunkers Could Drive New Sales

To put a stop to sliding auto sales that were dragging down Germany’s stalwart automakers, the German government offered drivers a few thousand dollars to scrap their old cars and buy new ones. In February, while auto sales fell throughout Europe, German auto sales jumped 21 percent.

Now the United States is contemplating whether such a tactic can work here, where sales have plummeted to the lowest levels in more than two decades.   Read Full Story

New York Times, May 6, 2009 – Cash for Clunkers

President Obama’s rescue plan for the automotive industry has given the presidential seal of approval to a little-noticed movement in Congress to clear the roads of gas-guzzling clunkers and replace them with more fuel-efficient cars. It’s an excellent idea, with clear benefits for the environment and — Mr. Obama hopes — beleaguered carmakers.  But there’s a right and wrong way to do it.  Read Full Story
 

Detroit News May 6, 2009 – ‘Cash for guzzlers’ compromise praised  

“A compromise by House Democrats on “cash for guzzlers” legislation to boost auto sales won praise from Michigan lawmakers and the domestic carmakers Tuesday.

But, the legislation leaves out “buy-American” incentives Michigan officials had sought and could become entangled in the contentious debate over climate change legislation. Michigan lawmakers of both parties said they hoped the House would consider the measure separately from a climate-change bill, which may not come to a vote for months.”  Read full Cash Guzzler Story

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