After a rocky year of many up’s and down’s, it appears that the stabilizing U.S. economy is a direct benefit for the big three in Detroit. As the cash for clunkers program winds down to the final end, auto sales are starting to stand on their own merit without an incentive. Initially, sales were lower, [...]
Posts under ‘U.S. Automaker News’
The Aftermath Of Cash For Clunkers
It looks like the party is over. After doling out over two billion of American tax payers money, the aftermath has hit the dealer show rooms. The buying and spending was quite spirited in July and August when the program was in full force, but without the government backed incentive, the American public is not [...]
Cash For Clunkers Over, But Still Alive?
On Monday past, the government backed Cash For Clunker program officially ended. After a spirited few weeks of buying by the American public, the 3 billion dollars set aside for the program has all been allocated. Experts are still analyzing all the numbers and it will be some time before the full economic impact will [...]