AUTOMOTIVE RECYCLERS HAVE
SECURED ADDITIONAL
PROCESSING TIME FOR THE CARS PROGRAM
The National Highway and Traffic Safety Administration (NHTSA)
has issued its final
ruling which allows automotive recyclers an additional 90 days,
for a total of
270 days, to crush or shred vehicles traded in under the Consumer Assistance
to
Recycle and Save (CARS) program. The final rule amends regulations
implementing
the CARS program - also known as Cash for Clunkers - initially published on
July 29, 2009.