Clunkers program didn't hurt future sales, study says

More than 80 percent of people who wanted to participate in cash for clunkers had a trade-in vehicle that did not qualify, according to the Maritz study. (Reuters)

By:

Shawn Wright

March 09, 2010 05:00 AM

DETROIT -- Last year's cash-for-clunkers program increased U.S. sales without damaging the number of future automobile purchases, as previously feared by critics, according to a study by Maritz Automotive Research Group.

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