New debate on car began!


solefans
08-06-2009, 08:37 PM
THE US Senate has cleared the way for a vote extending the 'cash-for-clunkers' program, which offers car buyers rebates of up to US$4,500 (S$6,458)for trading in their gas-guzzlers for new, higher-mileage models, setting aside Republican opposition to the plan.
Senate Majority Leader Harry Reid said Wednesday he had several very good conversations with Republican Minority Leader Mitch McConnell, and there is 'a significant majority' that wants to move forward with the legislation.
Reid said the Senate would have to stay in session on Friday if lawmakers wanted to make changes to the bill.
Reid had said on Tuesday that he had the votes to pass a US$2 billion extension already approved by the House.
The funding would triple the cost of US$1 billion rebate program and give as many as a half-million more Americans the chance to grab the new car incentives through September.
Car companies have credited the clunkers program with driving up sales in late July. Most consumers are buying smaller, more fuel-efficient vehicles under the program, according to a list of the top-10 selling cars released by the National Highway Traffic Safety Administration.
The list includes Honda Civics, Toyota Corollas and Dodge Calibers. The Toyota Prius hybrid, which gets 20 kilometers per liter, according to EPA estimates, is the fourth-best-selling car.
There is one SUV on the list, the Ford Escape, which also comes in a hybrid model that can get up to 32 miles per gallon. With the exception of the Prius, which is built in Japan, all of the top-selling vehicles on the list are built in North America.
Many Republicans oppose the plan but McConnell predicted his party would not block a vote. 'The matter will be completed,' McConnell said.
Lawmakers hoped for a vote late Wednesday or Thursday!
From solefans.com

fincsher
01-20-2011, 07:45 PM
I'll support the one whose debating for having the rebates on the cars.. To get an affordable cars. :D

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