Archive | August, 2009

Statistics from DOT on Clunkers Program

With the passing of the ‘Clunkers’ program, there is plenty of speculation remaining as to whether or not the program was successful.  That sort of depends upon where you are viewing it I suppose, but no doubt, some good things did happen.  Putting cash in the hands of consumers via the rebate clearly sparked some [...]

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‘Cash 4 Clunkers’ Nightmare on Elm Street

Regardless of how you feel personally about the “cash for clunkers” program, there is little doubt that some positive things came out of it.That doesn’t over-ride any gasps that have been heard about the unintended consequences of such a program, but you still have to acknowledge it got a lot of buyers excited about buying [...]

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Auto Sales to Shrink after Clunkers program Expires

With all the hoopla over the “Cash for Clunkers” program in terms of helping dealers move a large quantity of autos new autos and some additional used car inventory for shoppers who could not meet the program’s requirements, the auto segment has clearly enjoyed year over year sales improvements.  The C for C program in [...]

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Cash for Clunkers: Are you Paying any Attention?

There is no doubt that if you have been watching TV or even reviewing RSS articles on Clunkers you have found out that the media is overwhelmingly of the opinion that “cash for clunkers” has worked well and will benefit the economy.   I’ve never really expected an objective observation or evaluation from the Whitehouse, but [...]

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J.D. Power Says Dealer Satisfaction with Lenders Declines

In an article published by SubPrime Auto Finance News,  J.D. Power and Associates  have discovered that dealer satisfaction with lenders declined “considerably” from 2008 in all four segments reviewed in the Dealer Financing Satisfaction Study.  Is it any wonder that this occurred when all the lenders are holding on to their cash tighter than a [...]

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