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China is looking to boost car sales with a fresh round of cash for clunkers.
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Two consecutive months of declining new vehicles sales data has led the Chinese Government to reintroduce a ‘cash for clunkers’ scheme in an attempt to give the market a boost. The ‘early retirement’ program is designed to remove ol... Read Post

The "cash for clunkers" program was created to boost car sales, and close to 700,000 cars were sold under the program, which ran from July 27 - Aug. 24. But since the program ended, there have been two questions on everyone's mind: ... Read Post

The government’s cash for clunkers program boosted July’s annualized new car sales by 1 million units, but the CARS program is also having a positive impact on used car sales. Dealers are reporting that buyers not eligible for the c... Read Post