Thursday, January 6, 2011

Cash for Clunkers

Cash for clunkers was a program intended to provide economic incentives to create a more fuel efficient car. This program started on July 26th and ended on August 24th, the studies on this program shows that it did not hurt the car sales rates in the future months, this program had 130,000 cars traded to them. The result of that was getting the old low mileage cars off the road.


http://www.greencarreports.com/blog/1043380_clunkers-program-worked-didnt-hurt-car-sales-study-says

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