BU Now » cash for clunkers http://blogs.bu.edu/bunow News, information and research from Boston University Wed, 21 Sep 2011 18:14:24 +0000 en hourly 1 http://wordpress.org/?v=3.1.4 “Clunkers” program extension http://blogs.bu.edu/bunow/2009/08/06/clunkers-program-extension/ http://blogs.bu.edu/bunow/2009/08/06/clunkers-program-extension/#comments Thu, 06 Aug 2009 14:55:21 +0000 Dick Taffe http://blogs.bu.edu/bunow/?p=2710 The Senate is expected to extend the “Cash for Clunkers” auto-sales rebate program, and send the bill to President Obama to sign.  Buyers would get until Labor Day to make a deal with their car dealership.  School of Management Dean Louis Lataif, a former Ford executive, says the program is appropriately helping the struggling auto industry, but that the government eventually should get out of the business of picking winners and losers among industries.

Contact Louis Lataif, 617-353-2668, lelataif@bu.edu

]]> http://blogs.bu.edu/bunow/2009/08/06/clunkers-program-extension/feed/ 0 “Clunkers” program revived? http://blogs.bu.edu/bunow/2009/07/31/clunkers-program-revived/ http://blogs.bu.edu/bunow/2009/07/31/clunkers-program-revived/#comments Fri, 31 Jul 2009 18:51:30 +0000 Dick Taffe http://blogs.bu.edu/bunow/?p=2577 The so-called “Cash for Clunkers” program, aimed at stimulating the auto industry by offering consumers rebates for turning in old cars for more fuel-efficient models, went through its $1 billion in a week.  The House then voted to add $2 billion more to keep the program going.  School of Management Professor Shuba Srinivasan, who has researched strategic marketing programs in the auto industry, says it’s smart to keep the popular program going — at least for a while.

“Clearly, this program has generated considerable store traffic in automobile dealerships, a renewed interest in automobile buying, and potentially increased employment in the short run.”

Contact Shuba Srinivasan, 617-353-5978, ssrini@bu.edu

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