1 Comment August 6th, 2009 | Automobile, Government

Cash for Clunkers

An old car dropped in an industrial trash bin serves as a roadside advertisement for the Cash for Clunkers program at Battlefield Ford in Culpeper, Virginia, August 1, 2009. Americans flocked to auto dealerships this month to take advantage of government rebates for gas-guzzling "clunkers" and promptly drained the program's $1 billion in funding, leaving some prospective buyers in limbo.

My take on the Cash for Clunkers program is that anything assembled in the US should get the rebate.  Anything else should get minimal funding, maybe 50%.  Though, I must say, I think it’s doing a pretty good job at that already. 7 of the top 10 are assembled here. I have no clue on where the parts are coming from. I’d assume most everything is globally supplied at this point.

Autos made in the USA Has a list of where most of the cars are manufactured.

The Top 5 selling cars backed by CforC:

  1. Ford Focus – Wayne, MI
  2. Toyota Corolla – Fremont, Calif.
  3. Honda Civic – Greensburg, Ind.
  4. Toyota Prius -  Currently built in Japan and China, Soon to be Fremont, California due to it’s popularity.
  5. Toyota Camry  – Georgetown, Ky.; Lafayette, Ind.
  6. Ford Escape – Clayco, MO
  7. Hyundai Elantra – ???
  8. Dodge Caliber – Belvidere, IL
  9. Honda Fit -  ???
  10. Chevy Cobalt – Lordstown, Ohio

Now I guess we need to find out where that 1bil is coming from.

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One Comment

  1. Bruce McIntire said on August 6th, 2009

    I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Keep up the good work. Look forward to reading more from you in the future.

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