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More Cash for Clunkers, But What About Eco Benefits? | Hybrid Cars

But with activists already crying foul over the original CARS program, any permanent reallocation of renewable energy funds to boost an industry so long at odds with environmentalists, is likely to lead to a fight in the Senate. An extension could fail to get out of the Senate because an unlikely coalition of fiscal conservatives and liberal Democrats aren’t interested in providing more subsidies to automakers . Senator John McCain is said to be considering a procedural …

Rep. Ed Markey: Clunker Success Proves Clean Energy Legislation Is …

Consumers are trading in old gas guzzlers, large SUVs and pickup trucks for new vehicles that are 69 percent more fuel efficient than their clunker, saving $750 a year on gasoline on average. …. I understand that the new cars get more MPG but how long will it take for the gain in MPG to offset the CO2 in production. This is nothing more than a bailout for the government owned automakers and UAW. What makes this worse is that it is being done with borrowed money. …

Daily Podcast: Clunker Nation

If the CARS program has proved anything, it’s that America loves a deal. Big surprise there. In fairness, it also proves that giving away a billion bucks takes more than 30 days of preparation. And that good news is always welcome, even if it isn’t exactly good news. In the short term, the “success” of

Daily Podcast: Clunker Nation

If the CARS program has proved anything, it’s that America loves a deal. Big surprise there. In fairness, it also proves that giving away a billion bucks takes more than 30 days of preparation. And that good news is always welcome, even if it isn’t exactly good news. In the short term, the “success” of

The Oil Drum | "Cash for Clunkers" Retrospective

This is exactly what the retarded auto industry has done since 9-11 when they started their “O down, O interest, O brains” gimmick that pulled forward demand and wiped out their own future. … Then there is always a response in the comments that it will be useless because it will take 15-20 years for the US fleet to turnover and everyone likes big SUVs, cars and trucks except when gas is too expensive, and it isn’t right now- which is of course all fairly true in the US. …

The Truth About the Feds’ Decision to Suspend Cash for Clunkers

The federal government has put the Cash for Clunkers (a.k.a. C.A.R.S. program) on hold. Supposedly, they’ve run out of money. The MSM is all abuzz with talk of extending the program, allocating more funds and the bummer of a congressional recess (no action ’til after Labor Day). But the number of clunkers hitting car dealers’ lots

EPA Tailpipe Reg.'s “German Provision” Angers Environmentalists …

The footprint regulations are designed to make excuses for both large family cars and trucks ; this gives a loophole of a sort of large family cars , but at the same time stops the loophole that causes people to prefer vehicles technically classified as …. i.e An urgent incentive to make less pollution and have less traffic on the roads, whilst being fair on consumers and automakers alike whilst providing natural a stimulus for a fledgling new job creating industry ? …

Jack Hidary: Cash for Clunkers Hits Goal in Five Days!

Prior to the CFC program, automakers were selling cars at an annualized rate of 9.5 million vehicles for 2009. That compares with sales of more than 15 million cars only a few years ago. CFC will boost auto sales if we continue the program. …. Thank you for this great article on the auto industry’s new program. We did an article on this today and basically linked viewers back to other articles. We linked back to this one, so I wanted to say thank you! …

Ford shares hit 52-week high as 'cash for clunkers' boosts sales

Meanwhile, while Ford had not taken any government bailout money to fund its restructuring, it has received a $5.9 billion loan from a Department of Energy program designed to help automakers develop more fuel-efficient cars . But Ford wants more and …. George said… Hmmm, Amerians are buying Japanese, the Japanese are buying Japanese, and Americans are blaming Americans. Maybe we should be blaming the UAW and their stonewalling progress for the American auto industry . …

Daily Podcast: What Is The Chrysler Brand?

Seriously? If Alfa and Fiat are going to be added to the Chrysler/Dodge/Jeep mix, something has got to give. And why not Chrysler? Maybe it’s just that every time I hear the word Chrysler, my immediate association is Sebring. Which is more than enough motivation for me to wish the brand dead. Perhaps the Chrysler