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(Image from article: "Cash For Clunkers Runs Out Of Gas")

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Cash For Clunkers Runs Out Of Gas

Cash For Clunkers Runs Out Of Gas

The Obama administration will end its popular Cash for Clunkers program Monday. For auto dealers, that's the bad news. For the rest of the country, what's more worrisome is how wildly policymakers miscalculated how far they could stretch the extra $2 billion they pumped into the program less than three weeks ago.

 

As Cash for Clunkers Starts, Car Dealers Hope to Clear Their Lots

Facing a glut of unsold 2009 inventory, automakers and car dealers hope the government incentive can help them reduce supply before 2010 models arrive.

 

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