ARMO

Congress Takes Wrong Turn on "Cash for Guzzlers"

SEMA Continues to Promote Options to Short-Sighted Scrappage Program

Key lawmakers in the U.S. House of Representatives announced a “Cash for Guzzlers” agreement that would pay consumers to scrap cars and trucks that get less than 18 miles per gallon in exchange for a cash voucher to buy a new car. The consumer would receive either $3,500 or $4,500 depending on the fuel economy improvement of the new vehicle. Legislation is expected to be introduced in the near future.

Pages

Subscribe to ARMO