Germany has a "clunkers" program to that was infused with 5 Billion euros($7 Billion dollars). Program was destined to run until the end of the year and support the sale of upto 2 million vehicles, as of now 1.7 million vehicles vouchers have been redeemed.
Germany Cash for Clunkers
The US House of Representives voted yesterday to boost the $1 Billion slated to the CARS program, the Senate is expected to vote on the bill on Monday the House approved another $2 Billion for the program.
Us approves more money
That is something almost 250,000 vehicles in less then a week, something that was planned on lasting for three months. I say it is stimulating sales.
My wife wants to get a G8, maybe the Suburban will get a clunker status.
Jeff
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