Denver (AP) - Not everyone loves the Government's new Cash For Clunkers program, which requires car dealers to destroy gas-guzzlers they receive as trade-ins from new car buyers.
The Colorado Automobile Dealers Association estimates the $1 billion program could boost sales 10 percent, but auto recyclers say scrap dealers probably won't benefit much.
Used engines and drive trains provide at least half of scrap dealers' income from each junked car, and under the Federal Program
those engines must be destroyed.
The purported idea of the Cash For Clunkers Program is to promote fuel efficiency and help boost new car sales.