The “Cash for Clunkers” program was one of the most talked about sales promotions of recent...

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The “Cash for Clunkers” program was one of the most talked aboutsales promotions of recent memory. As part of the government’s $3billion effort to jumpstart sales at slumping auto dealerships,owners of old gas-guzzling vehicles received a $4,500 rebate ifthey traded in their “clunkers” for new fuel-efficient vehicles.Research the Cash for Clunkers sales promotion and have an in-classdebate on what impact, if any, the stimulus program had on short-and long-term auto sales. Debate the environmental benefits of theprogram.

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Answer The Cash for Clunkers program was one of the most talked about sales promotions of recent memory As part of the governments 3 billion effort to jumpstart sales at slumping auto dealerships owners of old gasguzzling vehicles received a 4500 rebate if they traded in their clunkers for new fuelefficient vehicles Debating on impact the stimulus program had on short and longterm auto    See Answer
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