CARS Program on Pause to Further Notice: 2 billion on the way! (UPDATED)

The popular cash for clunkers program(CARS) is running out of funding. As a result the »»»»» C.A.R.S program is on pause to further notice. According to reports the White House said they are looking into the program. Also we have not yet heard a official word that the government will be suspending the Cash Allowance Rebate. Their is no indication on the cash for clunkers site either.

Source:Cash for Clunkers suspension


Overall "Cash for Clunkers program have erupted so fast;car dealers might of pass the 250,000 mark in vehicle sales". Mainly because car dealerships were allowed to pre-register customers in the program early as July 1st. The Program started on July 27. The NHTSA got bombarded with a ton of paper work to approve the sales??


The auto stimulus program(C.A.R.S) was suppose to ignite auto sales. The government is trying to find a way to pull some strings to get more funding into the program. Stay Tuned?

UPDATED:The House of Representatives passed legislation by a vote of 316 to 109. This means the Cash Allowance Rebate bill will be getting additional funding; $2 billion, pending a vote by the Senate next week. Reports indicate that the program will not be suspended.

Source:2 Billion more to fund the Car Allowance Rebate