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Cash for Clunkers - Good or Bad Idea?

4104 messages, Last post on Nov 22, 2009 at 4:27 PM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
For questions about how the program works or to discuss program details, please visit our discussion titled, "Cash for Clunkers - Does it Work for You?"
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Replying to: stephen987 (Nov 21, 2009 4:56 pm) News, if you call it that, and guidance on how to live for the weak-minded....on both sides.
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Replying to: kdhspyder (Nov 21, 2009 6:06 pm)
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Replying to: ateixeira (Nov 21, 2009 6:28 pm) |
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If y'all want to talk general politics instead of Clunker related issues, please visit the OTC area - try Forget Bushisms, Biden Gaffes, We have Obama blunders for example .
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Replying to: steve_ (Nov 21, 2009 10:37 pm)
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Replying to: mickeyrom (Nov 22, 2009 7:05 am) If not the plan is a bad idea. PS I am watching for a clean pre 1996 F250 with a Powerstroke diesel just in case the next C4C is as screwed up as the last one.
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Replying to: gagrice (Nov 22, 2009 7:37 am)
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Replying to: fintail (Nov 22, 2009 9:39 am) -------------------------------------------------------- I agree. The bailed out U.S. automakers (GM / Chrysler) will not make to 2011 without another C4C type program next year. It will be C4C II or hand GM billions more and hope they make money in 2011. GM lost $1.6 billion in the 3rd quarter '09 WITH C4C! Surely they would have lost OVER $2 billion without it. 4Q09 and 1Q10 will be a disaster for GM and by spring we'll be looking at C4C Round II.
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Replying to: dodgeman07 (Nov 22, 2009 3:10 pm) But IF there's a C4C-2, I think a sliding scale will be used, on some sort of consumption based formula--gallons per ten thousand miles, not miles per gallon. There might also be additional incentives to buy ZEVs or PZEVs. The most politically popular proposed alteration--basing the rebate on where the new car is assembled--simply can't be implemented at all without violating at least half a dozen major trade agreements. Expect some political grandstanding on this issue, even though everyone involved knows it's not going to happen. GM is hemorrhaging money, it's true--but unlike Chrysler, there's enough of GM left to save. They have viable product in most sectors of the market, and more on the way, while Chrysler's R&D has been essentially shut down for the last two or three years. |
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