Auto recyclers get more 'Clunker' crushing time
Dec 01, 2009 | 06:36 AM
| Lisa Gordon
Although not as long as they had hoped, auto recyclers have been granted a "Cash for Clunkers" crushing deadline extension.
The National Highway and Traffic Safety Administration (NHTSA) will allow auto crushers an additional 90 days to dispose of vehicles that became obsolete through the Consumer Assistance to Recycle and Save (CARS) Act, also known as the "Cash for Clunkers" program.
The new deadline for the initial cars traded in is Feb. 1, according to NHTSA. Each auto shredder has 270 days, after receipt of the vehicle from the dealer, to drain, strip and crush or shred vehicles traded in under the CARS program. Since vehicles were discarded over a period of weeks, the deadline differs slightly for each one.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.