Chrysler announced that it will be refocusing its efforts away from the Invest in America program to concentrate on one program, Double Your Cash for Clunkers.
The Double Your Cash for Clunkers incentive guarantees that if a consumer qualifies for the government's Cash for Clunkers program, he or she could also double that savings for a rebate up to $9,000 on a Chrysler Dodge or Jeep car.
The refocus does not mean, though, that Chrysler is walking away from the Invest in America program. The Michigan Credit Union League said in a statement that it expects a new Chrysler Invest in America program in September.
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"This move by Chrysler is expected to be temporary as they restructure and get ready for the new model year. We hope that credit unions will continue to promote Chrysler Cash for Clunkers as well as the GM CU Member discount. We will announce many Invest in American program enhancements soon including the expected return of CU Cash from Chrysler," said David Adams, CEO of CUcorp.
Information on the Double Your Cash for Clunkers incentive is available at http://www.lovemycreditunion.org/Chrysler_Cash_For_Clunkers_317.html.
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