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Cash For Clunkers May Include Non-US Makes

Looks like compromises are being made and Cash for Clunkers could get picked up in Congress next week.

http://www.bloomberg.com/apps/news?pid=20601085&sid=arRGEXPmOojA&refer=europe

April 17 (Bloomberg) — U.S. lawmakers may let cars made overseas qualify for a proposed “cash-for-clunkers” program in a bid to secure passage of the measure, designed to help revive domestic auto sales at a 27-year low.

An option under consideration would distribute subsidies to new-car buyers based on manufacturers’ U.S. market share, said Representative Betty Sutton, sponsor of the proposal. The approach may overcome objections that Sutton’s original plan subsidizes North American-made products only.

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