WASHINGTON, July 30 (Reuters) - The U.S. government will not suspend its $1 billion auto sales incentive even though confirmed sales and pending transactions neared the program limit of 250,000 vehicles much sooner than expected, an Obama administration official said on Thursday night. The official, who was not authorized to speak for attribution, said the White House was working with Congress to try to extend funding for the program. (Writing by John Crawley; Editing by John O'Callaghan)
Premium Content (PAID Subscription Required)
"U.S. to not suspend "clunker" car program - offical" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.