Has cash for clunkers stimulated the car industry at all?



  1. 0 Votes

    The Cash for Clunkers program has provided a temporary jolt to the auto industry, but it is not viewed as a long-term fix. As of Aug. 24th, car dealers reported selling 625,000 vehicles in just a month with the rebates. Those are the best sales figures since August 2008. Cars, trucks and SUVs sold in July at an annual rate of 11.2 million vehicles, the first time this year the figure has crept above 10 million.

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