New Sites Set to Launch Regarding Cash for Clunkers Provision
June 22, No CommentsBill passed by congress this week leaves car dealers and auto makers laying plans to capitalize on “the cash for clunkers” provision. Analysts, however, are unconvinced the program will boost the new vehicle sales as expected.
The plan allows owners of vehicles getting less than 18 miles per gallon to receive a voucher worth up to $4,500 when they ditch their cars and opt for newer, higher–mileage vehicles. The program endeavors to raise overall efficiency of the nation’s vehicles.
While the government and auto makers are looking for ways to clear up customer skepticism about the plan, NHTSA planned to launch a website called cars.gov that would explain eligibility requirements.
In addition, Ford Motor Co. anticipates launching a site next week. According to a spokesman, the site would advertise qualifying Ford vehicles while outlining the program.
Sonic Automotive Inc., which operates 159 dealerships around the country, purchased the domain name cashforclunkers.com earlier this year. Their site, which is set to launch next week, will feature a frog becoming a prince. Lovely!
Via: WSJ
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