Cash For Clunkers | featured news

US retail sales rebounded in October as demand for cars continued to climb even after the expiration of government sponsored incentives.

Automaker says earnings were fueled by cost cuts and Cash for Clunkers rebates.

Consumer spending plunged in September by the largest amount in nine months, reflecting the end of the government's Cash for Clunkers auto sales program. Incomes, the fuel for future spending, were flat.

Sales fall after a surge in the previous month, but the drop is smaller than forecast. Retail sales fell in September after a popular program aimed at boosting auto sales ended ...

Propelled by the auto rebate program, consumer spending rose sharply in August, but personal incomes lagged.

U.S. auto sales boomed in August as consumers burned through $3 billion in government incentives, leaving automakers to contend with both inventory shortages and uncertain demand in the months ahead.

The Cash for Clunkers concept isn't just for used cars anymore. Toys R Us is introducing their own version of Cash for Clunkers called the Great Trade-In. It's no surprise that secondhand baby gear use is on the rise during the recession, but Toys R Us wants to call attention to the fact that many of the used items circulating could be damaged or not compliant with the newest safety standards.

The Obama administration will end its popular Cash for Clunkers program Monday. For auto dealers, that's the bad news. For the rest of the country, what's more worrisome is how wildly policymakers miscalculated how far they could stretch the extra $2 billion they pumped into the program less than three weeks ago.

General Motors Co. will announce increased hours at several factories due to rising sales from the government's Cash for Clunkers program.

Retail sales unexpectedly fell 0.1% in July despite the debut of the government's "cash for clunkers" program. Separately, weekly jobless claims rose a bit.