"We were finding that customers who came in for Cash for Clunkers were people who had no negative equity on their vehicles," said AutoNation CEO Mike Jackson, shown in this January 2005 file photo. The Clunkers program boosted AutoNation sales by 25 percent and showroom traffic increased by more than 30 percent. (Lou Toman/South Florida Sun-Sentinel/MCT)
"We were finding that customers who came in for Cash for Clunkers were people who had no negative equity on their vehicles," said AutoNation CEO Mike Jackson, shown in this January 2005 file photo. The Clunkers program boosted AutoNation sales by 25 percent and showroom traffic increased by more than 30 percent. (Lou Toman/South Florida Sun-Sentinel/MCT) Lou Toman / South Florida Sun-Sentinel / MCT
"We were finding that customers who came in for Cash for Clunkers were people who had no negative equity on their vehicles," said AutoNation CEO Mike Jackson, shown in this January 2005 file photo. The Clunkers program boosted AutoNation sales by 25 percent and showroom traffic increased by more than 30 percent. (Lou Toman/South Florida Sun-Sentinel/MCT) Lou Toman / South Florida Sun-Sentinel / MCT

Economy

September 10, 2009 4:17 PM

In picking winners and losers, the recession has done its job

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