Dealix held an informative webinar with experts from both Edmunds and Stoneham Ford on the Cash for Clunkers program today, June 26. The three panelists included Jessica Caldwell, the manager of pricing and industry analysis from Edmunds, John Giamalvo, the director of strategic marketing, also with Edmunds and Mike Warwick, the internet director with Stoneham [...]
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President Barack Obama has officially signed Cash for Clunkers into law as part of a larger defense spending bill today. The final version gives the Transportation Department 30 days to organize the rules and regulations for the program, and puts the burden of deciding which vehicles qualify squarely on the shoulders of dealers. Vehicles being [...]
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The National Highway Transportation Safety Administration, the organization set to oversee the Cash for Clunkers program, is warning of fraudulent Web sites. The NHTSA says that a number of unofficial Cash for Clunkers sites have popped up recently with some offering to help consumers and dealers alike pre-register for vouchers. According to the NHTSA, these [...]
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President Barack Obama is set to sign Cash for Clunkers into law any day now, and that means dealers and consumers alike will need to know all they can about the program. Dealix is partnering with Edmunds and Stoneham Ford to present a webinar designed to cover the ins and outs of the legislation, along [...]
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This is really big news. The US Senate has just passed Cash for Clunkers or Cash for Guzzlers legislation and it is now headed to the President’s desk for signature. President Obama is expected to sign the legislation into law.
The bill passed the Senate on a vote of 91-5 after Senate Dems were able to [...]
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One of the biggest opponents to the proposed Cash for Clunkers legislation has been the aftermarket industry. Under the bill, thousands of old and inefficient vehicles would be retired in favor of new cars and trucks that burn less fuel. While nearly everyone recognizes the potential benefits of legislation that would stimulate car sales and [...]
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On Thursday, Cash for Clunkers legislation cleared a huge hurdle as it was attached to the back of a “must sign” Iraq and Afghanistan funding bill. While some still feel that the bill does not go far enough with requirements for higher fuel efficiency, it now appears that the bill is headed to the next [...]
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The Senate’s counterproposal to the House of Representatives Cash for Clunkers bill has been formerly introduced. Senators Diane Feinstein (D-Calif.), Susan Collins (R-Maine), Charles Schumer, (D-N.Y.) and Tom Carper (D-Del.) introduced their own version of the bill aimed at tightening fuel consumption standards for vehicles eligible for a $4,500 voucher today. Until now, the Senators [...]
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According to a new survey of auto dealers conducted by Dealix, buyers may be holding off on the purchase of a new vehicle until Congress comes out with a final word on its Cash for Clunkers legislation. The survey of most of the nation’s 20,000 franchised dealerships revealed a lot of faith in the proposed [...]
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The Senate is scurrying to pass its own version of Cash for Clunkers-type legislation after a push from President Barack Obama. Currently, there are two bills vying for passage. The first, called the Feinstein-Collins-Schumer Counter Proposal, is a response to the bill the House of Representatives passed in May, and includes tougher mileage requirements geared [...]
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