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.â€
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.
