Commentaries

from Rolfe Winkler:

Car sales down post Cash 4 Clunkers

October 1, 2009

Car sales dropped sharply in September, after the Cash 4 Clunkers program expired. Sales compared to August were...

GM coming to government’s rescue

August 20, 2009

car1

Bankruptcy has certainly been kind to GM. It’s now able to dig into its own cash reserves and help the government out.

from Rolfe Winkler:

House votes to give “clunkers” $2 billion more

July 31, 2009

Earlier I expressed my displeasure with C4C.  I'm unhappy to see the House has voted to expand it.  Reuters:

from Rolfe Winkler:

Cash for Clunkers blows through $1 billion in 1 week

July 31, 2009

The subsidy for the auto sector cloaked as an environmental program has already run through its budget.  (WaPo):