BUSINESS BRIEFING / AUTOMOTIVE
TIMES WIRE REPORTS
Japanese automakers objected to a request from lawmakers to change the $3-billion “cash for clunkers” program to allow consumers to get vouchers even if a car isn’t in stock at dealerships.
Toyota Motor Corp. said it opposed the proposal from Michigan Republican Reps. Candice Miller and Fred Upton, saying it would “create considerable confusion.”
Honda Motor Co. said it questioned whether changes to the popular incentives were needed, and the president of a trade group representing Toyota, Honda and 11 other foreign manufacturers said changing the car rebate midstream would create more complications.
