The program may have also had a negative impact for buyers who could not afford to buy new cars

Cash-for-clunkers actually reduced automotive spending, study finds

By News on the Net —— Bio and Archives--August 8, 2014

Automotive | Comments | Back To Full Article

Another study has found that the 2009 Car Allowance Rebate System, also known as "Cash for Clunkers," may have had a negative long-term impact on the automotive industry.

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