Thursday, August 13, 2009

Cash for Clunkers Stimulus

This worked out better than any of the other auto stimulus packages. Low interest rates and a recovering economy helpng out, too.

DETROIT (Dow Jones)--Ford Motor Co. (F) boosted its production plans for the rest of the year as consumers, spurred by the "Cash for Clunkers" program, continue streaming into showrooms to buy.

I know folks have pointed out that foreign car companies are selling more cars in this program. But, many of those foreign cars are built here!

-- Post From My iPhone

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