“We are thrilled that this amendment was withdrawn from the stimulus package,” says Kathleen Schmatz, president and CEO of the Automotive Aftermarket Industry Association (AAIA). “This amendment was full of potholes from the beginning and once the senators were informed of all the unintended harmful consequences that would have resulted from inclusion of this amendment in the bill, they made a very wise and informed decision to remove this amendment from the stimulus package.”

Congress and states have considered Cash for Clunkers proposals in the past and in many cases have decided against them, AAIA said.