Tag Archives: auto-sales

Funds already dwindling for ‘Cash for Clunkers’

The government's “cash for clunkers” program, aimed at boosting stagnant auto sales, is almost out of money, putting its future in question, according to sources familiar with the effort. Passed by Congress in late June to help the flagging U.S. auto industry and launched just a week ago, the $1 billion program gives vouchers worth up to $4,500 to consumers who trade in gas-guzzling cars for more fuel-efficient models

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Funds already dwindling for ‘Cash for Clunkers’