Green Cars News
AUGUST 21, 2009
The US car scrappage scheme know as the ‘cash for clunkers’ plan will end next week after the funds ran out. In response to the scheme, both General Motors and Ford ramped up production, adding shifts and rehired laid off workers to meet renewed demand. Tags: Green credentials car scrappage Cars cash for clunkers.
Green Cars News
AUGUST 18, 2009
The Car Allowance Rebate System (CARS for short, or ‘cash for clunkers’ as it is more commonly known) was the US’s answer to the scrappage schemes in Germany and the UK which appeared to have revitalised their respective automotive sectors. With General Motors and Chrysler also showing signs of modest improvement, all looked rosy.
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