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US cash for clunkers scheme ends

Green Cars News

The US car scrappage scheme know as the ‘cash for clunkers’ plan will end next week after the funds ran out. The scheme has not been without controversy though; one UC Davis transportation economist Christopher Knittel criticized the scheme as a costly way to reduce carbon emissions.

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Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

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.