Auto Industry Obama Scrappage Vehicles 
Green Car Congress
MARCH 30, 2009
In a statement livecast on the Internet by the White House, President Barack Obama said that neither of the restructuring plans submitted by GM and Chrysler “ goes far enough to warrant substantial new investment. ”. President Obama. President Obama. Tags: Market Background Policy Vehicle Manufacturers. Earlier post.).
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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