Tuesday, March 16, 2010

Cash For Clunkers Ending. Now The Auto Parts Industry Will Take A Hit?

July 31, 2009 by Mike · Leave a Comment 

According to the Cash for Clunkers program, each clunker traded in cannot be re-sold. It must be scrapped. I haven’t seen any actual numbers yet, but my Tweets tell me it’s around 250,000 cars so far. These clunkers will end up in junk yards.

Won’t this have a negative impact on the auto parts industry?

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