Economy

August 14, 2009

Cash for Clunkers panned by car collectors, used-car dealers

The federal Cash for Clunkers program has thawed an otherwise icy new car market, but not everyone is feeling the warmth. Numerous auto collectors, advocates for the poor, used car dealers and nonprofit organizations that make money on donated cars have been decidedly cool to the Car Allowance Rebate System program that prompted many Americans to buy a new car in recent weeks. Environmental and consumer groups also have raised concerns.

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