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Economy: Autos / Cash for Clunkers #941808

CBS Evening News for Saturday, Aug 01, 2009
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(Studio: Jeff Glor) Report introduced.

(Englewood, New Jersey: Randall Pinkston) The anxiety over the government's cash for clunkers car trade-in plan as the money seemed to run out examined; details given about the program's problems & how it does bring in more car buyers. [Car trader Ron HOLMES†- cites his savings.] [Englewood Auto Group general manager Kamil ASHKAR†- talks about the money guarantee.] [Transportation Secretary Ray LaHOOD - says don't worry.] [IHS Global Insight auto analyst Rebecca LINDLAND†- says the government will fund this.] [Brookfield Resource Management Ed MALONE†- talks about the junk business.]

Glor, Jeff;
Pinkston, Randall

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