The Cash for Clunkers program gives rebates to people who trade in their gas guzzlers for more fuel-efficient cars, but did it help raise automakers' July sales? Jeremy Hobson talks with Bill Radke how much impact the program had.
So many people turned in their old gas guzzlers in Cash for Clunkers, it ran out of money in just a week. Tess Vigeland talks with Phil Reed of Edmunds.com about the good, the bad, and the ugly in the Cash for Clunkers program.
Cash For Clunkers is so popular the government wants to invest billions more into the program. But not everyone thinks investing in the clunker trade-in is a good move. Stacey Vanek-Smith reports.
The government's Cash for Clunkers has been an instant hit — so successful, in fact, that the car-swapping initiative may be out of money.
Steve Chiotakis talks to Marketplace's Mitchell Hartman about the program's possible next steps.
The Taurus was a big hit with auto fans when first unveiled in 1986. But by marketing the car as its flagship vehicle, can Ford expect a repeat performance? Tracy Samilton explores what the new Taurus has to offer.
Last year, Ford sold Jaguar and Land Rover to Indian auto company for $2.3 billion, but Tata may be having second thoughts about its purchases. Losses at Ford's former subsidiaries hit more than a billion dollars last year. Stephen Beard reports.
Germany's "cash for clunkers" program has saved factory jobs, stimulated auto sales, and removed many gas-guzzling cars from the country's roads. But the program has also hurt business for those who make a living selling used cars, spare parts and scrap metal. Brett Neely reports.
The "Cash for Clunkers" program provides $4,500 to car owners who want to upgrade to an eco-friendlier car. But certain guidelines apply, including that the car be no older than 1984 and owned at least a year. Rico Gagliano reports.
Porsche head Wendelin Wiedeking announced his resignation this morning. The high-earning CEO can credit Volkswagen for his motivation to leave the company. Brett Neely explains what the automaker has to do with Wiedeking's departure.
Congress could reinstate thousands of car dealerships shut down when GM and Chrysler went broke. But if it did, where would these broke dealers get the money to operate with credit so bad? Alisa Roth reports.