Looks like you bitches is gonna be the proud owner of a Ford Contour real soon:
Cash-for-Clunkersâ May Boost Auto Sales More Than 21 Percent
By John Hughes
April 1 (Bloomberg) -- âCash-for-clunkersâ legislation could boost U.S. auto sales by more than the 21 percent increase in Germany under a similar program, a lawmaker said today in Washington.
The proposal âwill help consumers, it will stimulate the economy,â said Representative Betty Sutton, an Ohio Democrat, at a Washington news conference attended by seven other U.S. House members.
Consumers would receive vouchers of as much as $5,000 for trading in models from 2001 or earlier for a new vehicle assembled in the U.S., Canada or Mexico, under legislation Sutton proposed March 17. Sales in Germany increased 21 percent in February after a similar program began, Sutton said.
Sales for the six biggest automakers in the U.S. fell at least 36 percent last month as job losses mounted and consumer confidence remained low. General Motors Corp., the largest U.S. automaker, said sales fell 45 percent.
To contact the reporter on this story: John Hughes in Washington at
jhughes5@bloomberg.net
Last Updated: April 1, 2009 17:16 EDT
Too funny. LMAO