Cash For Clunkers Ending Countdown Clock
August 20th, 2009
No comments
Uncle Sam is running out of money. Hurry Up and get your $4,500!
Uncle Sam is running out of money. Hurry Up and get your $4,500!
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?