Car Allowance Rebate System (2009)

Recently, rumors have sprouted on the Internet that consumers who took advantage of Cash for Clunkers will have to count the program???s rebate as income and pay taxes on it. For the record, this is not true. The Internal Revenue......

The American Recovery and Reinvestment Act appropriated money to buy 17,246 new vehicles, including 3,000 hybrids, in an effort to improve the fuel economy of the federal fleet across agencies as diverse as the Marines to the U.S. Forest Service.......

by Mark Silva In its most recent $1-billion loss, General Motors sees progress. Yet, with the report today that GM has lost $1.2 billion since leaving the protection of federal bankruptcy courts in July, the Republican National Committee chairman finds......

We can say this about 2009: At least it???s over. Car sales plummeted then skyrocketed with the Cash for Clunkers program, and two of the largest automakers in the world went bankrupt. And those were just the major plotlines of......

Used car prices went up every month in 2009, fueled by a decrease in trade-ins and lower inventories from Cash for Clunkers. Analysts believe prices will start to level off in 2010 as new car sales increase at an expected......

Distracted driving has got Transportation Secretary Ray LaHood ???on a rampage,??? he said Monday afternoon in an interview with Cars.com at the North American International Auto Show in Detroit. When asked if the auto industry???s advances in ever-more-...

???KurtV??? from Austin, Texas, tried out a Volkswagen Jetta TDI and found it lacking, so he gave that ride to his daughter (who was surely glad the handling didn???t live up to his expectations) and bought a 2010 BMW 335d.......

The Cash for Clunkers program succeeded in its broad, basic objectives of providing economic stimulus to a struggling industry, but ultimately the results are difficult to gauge, according to a report by the Government Accountability Office. Despite...

Running for office has always had some overwrought theatrics, and a small group of car dealers running for U.S. Congress in the 2010 midterm elections has stumbled upon a political landmine that???s created opportunities for grandstanding and double talk....

The Cash for Clunkers program is long gone, but there might still be hope for car owners who missed out. Kurt the CyberGuy takes a first look at the recession-proof automotive site that claims to make top dollar for sellers while providing cars for buyers...

Homeowners could collect thousands of dollars in Cash for Caulkers rebates for renovating their homes with better insulation and energy-saving windows and doors under a new economic stimulus bill the House passed Thursday. The Home Star bill, passed 246-...

A year removed from Cash for Clunkers, automakers are seeing a recovery in sales without any government-sponsored incentives. In fact, the positive numbers automakers are posting today are even more impressive because of the impact Cash for Clunkers,...