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First it was Milwaukee auto dealers fleeing Cash for Clunkers…

August 20, 2009

…and now it’s New York auto dealers. Because they’re not getting paid:

The president of the Greater New York Automobile Dealers Association says about half its 425 members have stopped offering rebates from the program because they can no longer afford them.

Mark Schienberg says the group’s dealers have been repaid for only about 2 percent of the clunkers deals they’ve made, leaving many short on cash.

Hat tip JammieWearingFool, who sees the same correlation with government health care that I did.


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