The Unintended Consequences of the Cash for Klunkers Program: A Critical Analysis

This analysis delves into the impact of the 2009 Cash for Klunkers program on the automotive industry and the wider economy. By examining the program's requirements, its effects on engine rebuilders, salvage yards, and the automotive aftermarket, and the unintended consequences it has had on the preservation of classic vehicles, we critically assess the program's overall success and its implications for future policy initiatives.