Wednesday, August 5, 2009

Cash For Clunkers Funding Likely

The Associated Press reported on Tuesday, August 4, that Senate Majority Leader Harry Reid believes he has the votes to pass the $2 billion "cash for clunkers" measure already approved by the House. This bill will extend the Cash for Clunkers program whose original $1 billion is expected to be exhausted by Friday.

"We'll pass 'cash for clunkers' before we leave here," Reid said after Democrats lunched at the White House with Obama, who has vigorously pushed for the extension as a much-needed boost for the economy. Asked whether he had the votes to pass the measure, Reid replied, "Yes."

Due to the huge demand by consumers, Bernardi Honda has several trucks of new Honda cars, trucks, vans, and SUVs delivered each day. As might be expected, the Honda Honda Insight and Honda Hybrids are in heavy demand by Cash For Clunkers customers as are the Honda Fit, Civic, and Accord. Many customers are also trading in their fuel-thirsty big box SUVs for Honda's fuel efficient Pilot, CR-V, and Element SUVs. Minivan customers are also creating a demand for the Odyssey.

No comments:

Post a Comment