Posts Tagged ‘stimulus’

Cash for Clunkers Was Shot in the Arm

Despite all the carping by media and polticians of both stripes, our clients affirm that Cash For Clunkers was a qualified success, in that it provided a needed shot in the arm for the entire industry. Although there was an anticipated drop off after the conclusion of the program, it did allow for needed cash [...]

 

Cash Continues to Fuel Sales

Yesterday, the Senate agreed with the House of Representatives that the successful “Cash for Clunkers” would get $2 billion extra (which was in the original request by the House, but cut by the Senate before the program was originally implemented), enough — most say — to keep the program going through August. This is great [...]

 

Dealers Want Recovery to Keep Rolling

I noticed back to back stories in the Wall Street Journal Thursday and Friday on the “Cash for Clunkers” program that Congress approved as part of the set of legislative initiatives that have come to be known as the economic stimulus package. John McEleney, chair of the National Automobile Dealers Association (NADA) kicked up concern [...]