The CARS program may be out of cash, but reports show that the program may have boosted some sales revenue for some hurting car manufactures and dealerships.
The top 10 list of cars that replaced the exchanged clunkers includes:
1. Ford Focus
2. Honda Civic
3. Toyota Corolla
4. Toyota Prius
5. Ford Escape
6. Toyota Camry
7. Dodge Caliber
8. Hyundai Elantra
9. Honda Fit
10. Chevy Cobalt
The White House warned yesterday that the Cash for Clunkers program would likely be gone by Friday if more money is not shoveled into it. The House has approved an extra $2 billion for the program already. Now it is just waiting for Senate approval.
Several Senators are saying they will not back the program. Many conservatives see it as another government bailout that will have long-term consequences.
Environmentally speaking, the program is doing a lot for the fuel economy of the US as consumers replace gas guzzlers with more efficient cars.
For more information on the Cash for Clunkers program, see:
The basics of the Cash for Clunkers program
What cars qualify for Cash for Clunkers?
Cash for clunkers strapped for money
Be sure to bookmark this page and check back often for the latest news and information of interest to Dallas-area residents. For your convenience, you can also subscribe to my RSS feed to get all the news delivered to you.
