The Problem with Japan's Cash for Clunkers Program
Posted by admin on 01/19/2010
In 2009, when the U.S. Congress formulated a $3 billion “Cash for Clunkers” program, it bowed to pressure from overseas automakers and included all fuel-efficient cars, no matter their country of origin.
In amazing contrast though, the Japanese government recently adopted its own Cash for Clunkers program and not a single car from the Detroit Three was made eligible. The lack of reciprocity is stunning.
Read more.
Add a comment
Related recent Blogs
- In Indiana, ongoing concerns about subsidized auto parts from China and Japan • by scapozzola • 05/22/2013
- May 21, 2013 Headlines: Tensions with North Korea, a stronger WTO, and more. • by LRaup • 05/21/2013
- May 20, 2013 Headlines: Manufacturing & social media, growth of the U.S. economy, and more. • by LRaup • 05/20/2013
- May 17, 2013 Headlines: Strengthening our national security, focusing on jobs, and more. • by LRaup • 05/17/2013
- National Retail Federation dismisses global safety plan for garment factories while Cambodian shoe factory collapses. • by LDonia • 05/16/2013
- May 15, 2013 Headlines: U.S. manufacturing slows, while manufacturers discuss domestic production, and more... • by LDonia • 05/15/2013
- May 14, 2013 Headlines: Redefining success, building Amtrak, banning Tesla, and more... • by LDonia • 05/14/2013
- May 10 2013 Headlines: Obama's focus on manufacturing, U.S.-South Korea summit, and more. • by LRaup • 05/10/2013
- May 8, 2013 Headlines: U.S.-China cyber-spying, April job openings, and more. • by LRaup • 05/08/2013
- May 7, 2013 Headlines: GM denies, Obama blames, Safety Advocates scrutinze, and more... • by LDonia • 05/07/2013
