Who Benefitted From Cash for Clunkers?

Discussion in 'Current Events' started by DiveCon, Aug 31, 2009.

  1. DiveCon
    Offline

    DiveCon gone

    Joined:
    Aug 10, 2008
    Messages:
    48,025
    Thanks Received:
    3,387
    Trophy Points:
    48
    Ratings:
    +3,387
    Quick Stats: Who Benefitted From Cash for Clunkers?

    Nearly 700,000 Cars Sold During $3 Billion Program

    The popular Cash for Clunkers program (aka CARS, or Car Allowance Rebate System) ended on Monday night. With nearly 700,000 clunkers taken off the road, the program could be called the most impactful automotive sale of all time. Rebate applications worth $2.877 billion were submitted, just under the $3 billion provided by Congress to run the program.


    see more at link above
     
  2. elvis
    Offline

    elvis BANNED Supporting Member

    Joined:
    Sep 15, 2008
    Messages:
    25,882
    Thanks Received:
    4,303
    Trophy Points:
    0
    Ratings:
    +4,303
    Yeah there's an auto supplier in town here that was in dire straits laying people off six months ago. Now they're working 12 hour days 7 days a week.
     
  3. DiveCon
    Offline

    DiveCon gone

    Joined:
    Aug 10, 2008
    Messages:
    48,025
    Thanks Received:
    3,387
    Trophy Points:
    48
    Ratings:
    +3,387
    did you read the link?
     
  4. Luissa
    Offline

    Luissa Annoying Customer Supporting Member

    Joined:
    Sep 7, 2008
    Messages:
    43,190
    Thanks Received:
    5,593
    Trophy Points:
    1,785
    Location:
    TARDIS
    Ratings:
    +5,664
    my brother in law works at a Toyota dealership, he wasn't doing to well this spring which was good for me because they practially gave me my toyota. Now they don't have enough cars on the lot.
     
  5. elvis
    Offline

    elvis BANNED Supporting Member

    Joined:
    Sep 15, 2008
    Messages:
    25,882
    Thanks Received:
    4,303
    Trophy Points:
    0
    Ratings:
    +4,303
    Yeah. Fortunately, this supplier supplies Honda and Toyota in addition to Ford and GM>
     
  6. elvis
    Offline

    elvis BANNED Supporting Member

    Joined:
    Sep 15, 2008
    Messages:
    25,882
    Thanks Received:
    4,303
    Trophy Points:
    0
    Ratings:
    +4,303
    I just looked at the top 10 and it's no surprise the honda and toyota lines of this supplier are so busy,.
     
  7. Luissa
    Offline

    Luissa Annoying Customer Supporting Member

    Joined:
    Sep 7, 2008
    Messages:
    43,190
    Thanks Received:
    5,593
    Trophy Points:
    1,785
    Location:
    TARDIS
    Ratings:
    +5,664
    I think the automakers getting business coming in is more important then charity groups and motocycle dealerships. Think about the people who would be unemployed therefore increasing the number of people needing the help of charity and wouldn't be able to afford to buy a motocycle anyways.
     
  8. DiveCon
    Offline

    DiveCon gone

    Joined:
    Aug 10, 2008
    Messages:
    48,025
    Thanks Received:
    3,387
    Trophy Points:
    48
    Ratings:
    +3,387
    no GM or chrysler
    very telling
     
  9. elvis
    Offline

    elvis BANNED Supporting Member

    Joined:
    Sep 15, 2008
    Messages:
    25,882
    Thanks Received:
    4,303
    Trophy Points:
    0
    Ratings:
    +4,303
    international trade laws. what are ya gonna do?
     
  10. Luissa
    Offline

    Luissa Annoying Customer Supporting Member

    Joined:
    Sep 7, 2008
    Messages:
    43,190
    Thanks Received:
    5,593
    Trophy Points:
    1,785
    Location:
    TARDIS
    Ratings:
    +5,664
    toyota for one provides many american jobs, with factory's and dealerships here.
    And if Chevy and Ford knew enough twenty years ago to develope a good economy car with great mileage that kept it's re sale value and would keep on running they would not be hurting so bad.
     
    Last edited: Aug 31, 2009

Share This Page