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Cash for clunkers repeat? Report says: NO

Green Cars News

At the height of the recession in 2008-2009, the Car Allowance Rebate System (CARS), also known as the "cash for clunkers" program (a similar concept was launched in the UK known as the scrappage scheme) was introduced in the USA to drive new sales and reduce carbon dioxide emissions. However, a new[.].

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Cash for clunkers programme explained

Green Cars News

The US appears set to follow the UK’s lead with its own version of the vehicle scrappage scheme known as the Car Allowance Rebate System - or CARS for short. The programme, which has been dubbed ‘cash for clunkers’, was signed into law on June 24 with issuance expected to occur on July 23.