In a letter sent to Capitol Hill earlier today, the American International Automobile Dealers Association (AIADA) voiced its opposition to the current version of the "cash for clunkers" amendment set to be considered by the Senate during debate on the economic stimulus package.
The Automobile Trade in Program, also known as the Harkin/Stabenow Amendment, was introduced by Senator Debbie Stabenow (D-Mich.) and Senator Tom Harkin (D-Iowa) last night. In order to receive a rebate for trading in their older, less fuel efficient cars, the legislation requires consumers to purchase only new cars "assembled in America."
"We should not take away the consumer's right to free choice. Any relief for consumers during these economic times should apply to ALL new vehicles for sale in the U.S. – not just those assembled here," said AIADA President Cody Lusk.