Publication Date

1-1-2010

Document Type

Dissertation/Thesis

First Advisor

West, Tim

Degree Name

B.S. (Bachelor of Science)

Department

Department of Accountancy

Abstract

The Consumer Assistance to Recycle and Save (CARS) program, more commonly referred to as "Cash-for-Clunkers", was created to stimulate the economy and to have more fuel-efficient cars on our nation's roadways. In the summer of 2009, in what may turn out to be the worst period of the housing/credit crisis related recession; the Federal Government appropriated a total of $2.88 billion in vendor rebates for the purchase of new fuel-efficient automobiles with the trade-in to be destroyed. The goal of my research is to examine how the Cash-for-Clunkers program impacts different groups of people, from the family buying a new car to the U.S. and Foreign automobile manufacturers. I also examine the first-level of indirect groups, such as used car buyers and the U.S. taxpayer. Finally, I describe whether or not the goals of the Cash-for- Clunkers program were met.

Extent

23 pages

Language

eng

Publisher

Northern Illinois University

Rights Statement

In Copyright

Rights Statement 2

NIU theses are protected by copyright. They may be viewed from Huskie Commons for any purpose, but reproduction or distribution in any format is prohibited without the written permission of the authors.

Media Type

Text

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