Sumayal Shrestha on July 24th, 2009The Car Allowance Rebate System (CARS), also known as ‘cash for clunkers’ began today- with a mission to reduce pollution by subsidizing purchase of more fuel-efficient vehicles.
While the program is geared towards reducing emissions by replacing gas-guzzling vehicles with greener models, it also expected to stimulate the economy by spurring consumer spending. At the same [...]
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