Accelerated Vehicle Retirement Programs in Japan and South Korea: Background for Congress

Description

This report discusses the accelerated vehicle retirement (AVR) programs initiated in 2009 by the United States, Japan, South Korea, and other industrial nations (commonly known in the U.S. as the "cash for clunkers" program). The U.S. program began in June 2009, when President Obama signed the Consumer Assistance to Recycle and Save (CARS) Act. The report discusses how these various AVR programs affected the automobile industries in the U.S., Japan, and South Korea, specifically. Neither Japan nor South Korea imports large numbers of foreign vehicles, a circumstance not much altered by AVR program implementation.

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28 pages.

Creation Information

Canis, Bill; Grimmett, Jeanne J.; Platzer, Michaela D. & Yacobucci, Brent D. October 26, 2010.

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This report is part of the collection entitled: Congressional Research Service Reports and was provided by UNT Libraries Government Documents Department to Digital Library, a digital repository hosted by the UNT Libraries. It has been viewed 486 times . More information about this report can be viewed below.

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Description

This report discusses the accelerated vehicle retirement (AVR) programs initiated in 2009 by the United States, Japan, South Korea, and other industrial nations (commonly known in the U.S. as the "cash for clunkers" program). The U.S. program began in June 2009, when President Obama signed the Consumer Assistance to Recycle and Save (CARS) Act. The report discusses how these various AVR programs affected the automobile industries in the U.S., Japan, and South Korea, specifically. Neither Japan nor South Korea imports large numbers of foreign vehicles, a circumstance not much altered by AVR program implementation.

Physical Description

28 pages.

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Congressional Research Service Reports

The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1970's through the present--covering a variety of topics from agriculture to foreign policy to welfare.

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  • October 26, 2010

Added to The UNT Digital Library

  • Dec. 4, 2010, 2:26 p.m.

Description Last Updated

  • Aug. 6, 2015, 7:17 p.m.

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Canis, Bill; Grimmett, Jeanne J.; Platzer, Michaela D. & Yacobucci, Brent D. Accelerated Vehicle Retirement Programs in Japan and South Korea: Background for Congress, report, October 26, 2010; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc29618/: accessed September 20, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.