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Cash for clunkers programme explained

Green Cars News

The programme, which has been dubbed ‘cash for clunkers’, was signed into law on June 24 with issuance expected to occur on July 23. The scheme will run until November 1, 2009 - or until all funds have been exhausted. Dealers apply a credit at purchase - no voucher is needed. So how will the US scheme work?

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Report: Dealers Worried About Getting EV Refunds From the Government

The Truth About Cars

According to a report from Automotive News , dealers are getting worked up about the prospect of not receiving money swiftly enough — mimicking some of the hardships endured during the Cash-for-Clunkers period. Since some of that isn’t settled yet, dealers are getting anxious.