Thu

13

Aug

2009

Cash for Clunkers throws some into reverse

Cash for Clunkers is rolling on after President Barack Obama signed a $2 billion extension for the program last week, and new car dealers say buyers are continuing to flock in for the deals. But at the other end of the market, companies and organizations whose business models are built on used vehicles say they’re hurting badly as Americans who might have come to their doors suddenly find themselves better placed to afford a shiny new car.

 

Full story (Alex Johnson/msnbc.com)

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