Mazda to sell Mazda2 subcompact in US in 2010, says market for small cars is growingSeptember 17th, 2009 Mazda2 subcompact to go on sale in US in 2010PALM SPRINGS, Calif. — Japanese automaker Mazda said Thursday its Mazda2 subcompact will go on sale in the U.S.
Transportation Sec'y LaHood: Gov't on track to reimburse dealers for 'Clunkers' by Sept. 30September 10th, 2009 LaHood: Gov't paid dealers $1.2B for 'Clunkers'WASHINGTON — Transportation Secretary Ray LaHood says the government has approved $1.22 billion in reimbursements to car dealers for sales under the Cash for Clunkers program. LaHood said Thursday the government is on track to pay eligible dealers by a Sept.
Gov't has paid dealers $500M for 'Clunkers'; Dealers should be reimbursed by Sept. 30September 3rd, 2009 US approves $500M to dealers for 'Clunkers'WASHINGTON — The government has approved $500 million in reimbursements to car dealers for sales under the Cash for Clunkers program and dealers should be paid by late September, officials said Thursday. Auto dealers have complained that the Obama administration has been slow to pay them for the car purchase incentives of up to $4,500.
AutoNation to order more vehicles in 4Q; feds owe dealer chain $54M from clunkers programSeptember 2nd, 2009 AutoNation to order more cars as it waits for $54MAutoNation Inc. said Wednesday it will increase vehicle orders in the fourth quarter as it seeks to restock showroom floors emptied out during the Cash for Clunkers program.
Many dealers still unpaid as government's Cash for Clunkers program ends its monthlong runAugust 26th, 2009 Dealers hope for payment as Clunkers program endsWASHINGTON — The wildly successful $3 billion Cash for Clunkers program has generated more than half a million car sales. Now dealers hope to get paid.
Deadline extended for dealers to submit Cash for Clunkers deals; sales cutoff still MondayAugust 24th, 2009 Gov't extends deadline for clunkers paperworkWASHINGTON — Car dealers have a few more hours to get reimbursed for their Cash for Clunkers deals after the government extended the deadline for filing applications for the $3 billion government incentives into Tuesday evening. All sales under the program ended Monday evening.
Summary Box: A look at Cash for Clunkers' final weekend rushAugust 23rd, 2009 Summary Box: Cash for Clunkers' final weekendTHE RUSH: Customers streamed into dealerships to take advantage of the Cash for Clunkers program before Monday's 8 p.m. EDT deadline.
A look at the Cash for Clunkers program, which is scheduled to end MondayAugust 21st, 2009 A look at the Cash for Clunkers programThe Department of Transportation said Thursday it intends to end the Cash for Clunkers program on Monday at 8 p.m. EDT. Here's a look at the $3 billion car incentive program.
AP Source: Obama administration to wind down Cash for Clunkers on MondayAugust 20th, 2009 AP Source: Cash for Clunkers to end on MondayWASHINGTON — The Obama administration plans to end the popular $3 billion Cash for Clunkers program on Monday, giving car shoppers a few more days to take advantage of big government incentives. The Transportation Department said Thursday the government will wind down the program on Monday at 8 p.m.
White House says it understands frustration auto dealers feel about Cash for Clunkers programAugust 20th, 2009 WH understands frustration with Cash for ClunkersWASHINGTON — The White House says it understands some of the frustration automobile dealers are feeling about the government's Cash for Clunkers vehicle trade-in program. The program gives consumers up to $4,500 to trade in older vehicles for newer, more fuel-efficient ones.
Government Cash for Clunkers program uses up $1.81 billion out of $3 billion potAugust 19th, 2009 Cash for Clunkers up to $1.81 billionWASHINGTON — Auto dealers have made Cash for Clunkers deals worth $1.81 billion, according to data released Wednesday by the federal government. The program offers car buyers rebates of $3,500 or $4,500 for trading in older vehicles for new, more-fuel-efficient models.
NY dealers say unpaid Cash for Clunkers claims mounting, prompting many to pull out of programAugust 19th, 2009 NY dealers pull out of clunkers programNEW YORK — Hundreds of auto dealers in the New York area have withdrawn from the government's Cash for Clunkers program, citing delays in getting reimbursed by the government, a dealership group said Wednesday. The Greater New York Automobile Dealers Association, which represents dealerships in the New York metro area, said about half its 425 members have left the program because they cannot afford to offer more rebates.
Delaers say they are still waiting for government payments under Cash for ClunkersAugust 14th, 2009 Dealers yet to see most Cash for Clunkers paymentsWASHINGTON — Auto dealers say they still haven't been repaid for the majority of Cash for Clunkers deals they have made, creating cash crunches for many as they wait for the government to reimburse them under the popular $3 billion vehicle trade-in program. Some dealers report they have hundreds of thousands of dollars worth of rebates they have submitted to the federal government for repayment that are still outstanding, including deals that were made in the first days of the program nearly three weeks ago.
Meltdown 101: Can you still get money toward a new car under the cash-for-clunkers program?August 3rd, 2009 Meltdown 101: Can you still get cash for clunkers?WASHINGTON — The government's cash for clunkers program has been so popular that the $1 billion fund set aside to pay for it has nearly dried up. With the chance to take up to $4,500 off the sticker price, buyers have flooded dealerships to trade in gas-guzzlers for new cars with better gas mileage.
AP sources: Government to suspend 'cash for clunkers' program out of funding concernsJuly 31st, 2009 AP sources: Govt to suspend 'cash for clunkers'WASHINGTON — Congressional officials say the government plans to suspend the popular "cash for clunkers" program amid concerns it could quickly use up the $1 billion in rebates for new car purchases. The Transportation Department called congressional offices late Thursday to alert them to the decision to halt the program, which offered owners of old cars and trucks $3,500 or $4,500 toward a new, more fuel-efficient vehicle.
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