In U.S., More Cars Thrown Away Than Sold
The "Cash for Clunkers" program is partly at fault, but others point to the economy.
Auto marketing company R.L. Polk reports that Americans are also keeping their vehicles longer.
According to Polk, factors behind the trend include 'the economy, limited financing and leasing options available in the market, extended warranties offered by OEMs, and improved vehicle durability and quality of vehicles.'"