Irony is not yet Dead -Toyota Getting the Clunker Money
Toyota Leads in Cash for Clunkers Company Makes Three of Five Top Cars in Program By Peter Whoriskey Washington Post Staff Writer Saturday, August 15, 2009 The biggest single beneficiary of the $3 billion "Cash for Clunkers" government program so far is the Japanese automaker Toyota, according to federal figures released Friday. Three of the five most popular vehicles purchased under the program are Toyota models: the Corolla (No. 1), the Camry (4) and the Prius (5). Controversy over the program has focused in part on how much of the U.S. tax money will go toward stimulating business for foreign automakers. . . . "To avoid any kind of complications with the World Trade Organization, we made adjustments that allowed our companies to robustly compete, and they are, as the new figures show," (Rep.) Sutton said Friday. "The majority of cars being purchased are being built in the United States. This is an unmitigated success."
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