Home > Analysis > US: Senate approves US$2bn CARS extension

US: Senate approves US$2bn CARS extension

The US Senate has approved an additional US$2bn in funding for the Car Allowance Rebate System (CARS), also known as ‘Cash for Clunkers’. The scheme offers buyers up to US$4,500 towards the purchase of a new car when they scrap an older, less efficient model. It launched in late July …

This content is available only to members of Automotive World with a valid subscription.

Next steps: