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The Car Allowance Rebate System ( CARS ), colloquially known as " cash for clunkers ", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel-efficient vehicle when trading in a less fuel-efficient vehicle. The program was promoted as a post-recession stimulus ...
As more consumers look to buy smaller, affordable models, car manufacturers are meeting them where they are, introducing new features like heated, leather seats, rearview cameras, and sunroofs ...
The program is aimed to promote the sale of 400,000 electric vehicles. The cost of the purchase incentive is shared equally between the government and automakers. Electric car buyers get a €4000 ( US$4,520) discount while buyers of plug-in hybrid vehicles get a discount of €3000 ( US$3,390 ).
In 2009, during the great recession, AutoNation announced a newly formed AutoNation Payment Protection program, promising that the dealership will buy back any car at market value, should the owner lose their job. [20] By 2011, AutoNation was the first auto retailer in the U.S. to sell a total of 8 million vehicles. [21]
Chrysler. FCA US, LLC, doing business as Stellantis North America and known historically as Chrysler ( / ˈkraɪslər / KRY-slər ), [ 2][ 3] is one of the "Big Three" automobile manufacturers in the United States, headquartered in Auburn Hills, Michigan. It is the American subsidiary of the multinational automotive company Stellantis.
In the Back to the Future franchise, the DeLorean time machine is a time travel vehicle constructed from a retrofitted DMC DeLorean. Its time travel ability is derived from the "flux capacitor", a component that allows the car to travel to the past or future (though not through space). This occurs when the car accelerates to 88 miles per hour ...
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