Wednesday, August 19, 2009

NY dealers pull out of clunkers program

NY dealers pull out of clunkers program

Hundreds of auto dealers in the New York area have withdrawn from the government's Cash for Clunkers program, citing delays in getting reimbursed by the government, a dealership group said Wednesday.
The Greater New York Automobile Dealers Association, which represents dealerships in the New York metro area, said about half its 425 members have left the program because they cannot afford to offer more rebates.

They're also worried about getting repaid.

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