We made the Clunker list

[vt_maverick]

You know I saw an interesting report on the news last week that questioned the wisdom of launching this program in the midst of the restructuring of GM and Chrysler. Basically the point was that because thousands of American dealerships have no cars to sell, this environmental program is undermining the automotive market recovery by driving buyers towards Japanese and European manufacturers with tons of cars available for sale. The guy being interviewed stated that had we waited until GM and Chrysler were back up to complete production capacity BEFORE launching the program, the American auto industry would be getting a huge influx of capital as a "side effect" of this new environment policy.

[circmand]

Not sure where they were but dealers in most of the USA were stuck with months worth of inventory on the lot with no one buying. If they had no cars to sell the program would not have been needed to kick start the auto sale market. Also I have seen news programs showing tons of cars in storage lots with no where to go.