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  2. Car Allowance Rebate System - Wikipedia

    en.wikipedia.org/wiki/Car_Allowance_Rebate_System

    The Car Allowance Rebate System ( CARS ), colloquially known as " cash for clunkers ", was a $3 billion U.S. federal scrappage program intended to provide economic incentives to U.S. residents to purchase a new, more fuel-efficient vehicle when trading in a less fuel-efficient vehicle. The program was promoted as a post-recession stimulus ...

  3. Salvage title - Wikipedia

    en.wikipedia.org/wiki/Salvage_title

    Salvage title. In North America, a salvage title is a form of vehicle title branding, which notes that the vehicle has been damaged and/or deemed a total loss by an insurance company that paid a claim on it. The criteria for determining when a salvage title is issued differ considerably by each state, province or territory.

  4. Vehicle recycling - Wikipedia

    en.wikipedia.org/wiki/Vehicle_recycling

    Vehicle recycling or automobile scrapping is the dismantling of vehicles for spare parts. At the end of their useful life, vehicles have value as a source of spare parts and this has created a vehicle dismantling industry. The industry has various names for its business outlets including wrecking yard, auto dismantling yard, car spare parts ...

  5. Effects of the 2008–2010 automotive industry crisis on the ...

    en.wikipedia.org/wiki/Effects_of_the_2008–2010...

    On November 19, 2008, there was a United States Senate hearing on the automotive crisis in the presence of the heads of Chrysler, Ford and General Motors. The auto manufacturers explained that they would need financial aid of $25 billion if they were to avoid bankruptcy. The Senate was divided on the issue.

  6. Auto auction - Wikipedia

    en.wikipedia.org/wiki/Auto_auction

    Private electronic market. Software. v. t. e. Auto auctions are a method of selling vehicles based on an auction system. [1] Auto auctions can be found in most countries and are usually exclusive to licensed automobile dealers. In a few countries, such as Japan, auto auctions are well known and used by most residents.

  7. Theft of more than 400 vehicles in Michigan leads to ... - AOL

    www.aol.com/news/theft-more-400-vehicles...

    Six men working as part of a criminal organization in Michigan have been arrested in connection with the theft of more than 400 vehicles worth about $8 million, authorities said Thursday. The men ...

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