Edmunds.com: ‘Cash for Clunkers’ Cost Taxpayers $24,000 per Incremental Sale
The White House is defending its Cash-for-Clunkers program claiming significant sales benefits and follow-on jobs and industry profits for the $3B tax dollars spent on the stimulus program. GM, Moody and Ford are progressively less optimistic while Edmunds.com's pessimistic analysis says every incremental sale cost $24,000 to taxpayers.
IBM’s Global Truck 2020 Study Points to Future of Transportation
The use of advanced technology in trucks and embedded in roads and traffic controls will revolutionize the global transportation industry by 2020. Telematics monitoring and advanced control systems will improve fuel efficiency, reduce environmental impact and improve safety.
October Good for Both Retail and Wholesale Used Car Markets
Tom Webb, chief analyst for Manheim Consulting, saw "pleasant surprises" for both the retail and wholesale used-vehicle market in October and says economic trends do not indicate a tailspin despite a softening of the market for the remainder of the year.
CarMark Certified Program Names Warranty Administrator
APCO/EasyCare will be the warranty administrator for the new CarMark Certified Pre-Owned program in the Pre-Owned Automobile Dealers Alliance. CarMark Certified is an independent vehicle certification program.
