Wilmington HotelsWilmington AdvertiseWilmington AttractionsWilmington BeachesWilmington Business DirectoryWilmingtonWilmingtonWilmington GolfWilmington JobsWilmington NewsWilmington DiningWilmington Weather
     

 

 

Wilmington, NC News

  Free Wilmington Travel Guide!

Archive for August, 2009

Cash for Clunkers wraps up, but could have lasting effects

Tuesday, August 25th, 2009

Body

The popular Cash for Clunkers program ended Monday night, but dealers got an extension until 8:00 Tuesday night to file the overwhelming amount of paperwork. While the program was considered “wildly successful”, it didn’t prove so for everyone.

Cash for Clunkers was a three billion dollar program that resulted in the sale of more than half a million cars, but it also brought some business to a halt.

“That program’s been running about 35 days and in 35 days it hurt my business,” said Raeford Lovitt of Lovitt Motor Company.

Raeford Lovitt says as long as Cash for Clunkers was up and running, his business was down and out. “We generally sell 60 cars a month and we’re probably going to sell 30 this month.”

Lovitt’s lot saw the effects of consumers enticed to trade in their clunkers for new, fuel-efficient cars rather than used ones. “I wouldn’t blame them for doing so, but it’s hurt all the independent dealers, not just me but all the dealers in Wilmington,” Lovitt said.

It’s now going to be a lot harder to find a used car that costs less than $7,000 dollars because many of them in that price range were turned in for Cash for Clunkers.

Lovitt says he doesn’t think half the cars that were turned in were actually clunkers, but rather cars dealerships could have re-sold.

Now that the brakes have been put on Cash for clunkers, Lovitt hopes his business will turn around.

Lovitt also expects a ripple effect in the months to come. Once he sells the cars that are currently on his lot, he doesn’t expect there will be many to take their place since they were turned in for Cash for Clunkers.

Story image

cars300.jpg

Story summary

videoThe popular Cash for Clunkers program ended Monday night, but dealers got an extension until 8:00 Tuesday night to file the overwhelming amount of paperwork. While the program was considered “wildly successful”, it didn’t prove so for everyone.

Story summary image

car150.jpg

Associated poll

More: continued here

City of Wilmington changing e-mail policy after violating public records laws

Tuesday, August 25th, 2009

By Patrick GannonPatrick.Gannon@StarNewsOnline.com

The StarNews found that city council members and many top-ranking city employees routinely shielded e-mails from a public server by marking “private” in subject lines.

More: continued here

Back to the books for New Hanover students

Tuesday, August 25th, 2009

By Chelsea KellnerChelsea.Kellner@StarNewsOnline.com

Tuesday was the official first day back to class for most New Hanover County students. For some it was old hat. For others it was a difficult today.

More: continued here

Wilmington police nab suspected cigarette thief

Tuesday, August 25th, 2009

A man who police say stole $2,200 worth of cigarettes from a gas station Monday was arrested and taken to jail, officials say. The next day officers charged Percy Leroy Bass, 41, in connection with an armed robbery of a Subway restaurant last week, according to a statement from Lucy Crockett, spokeswoman for the Wilmington Police…

More: continued here

StarNews seeks to recover $12,000 in legal fees from New Hanover County

Tuesday, August 25th, 2009

By Veronica GonzalezVeronica.Gonzalez@StarNewsOnline.com

A Superior Court judge is expected to rule later this week whether the StarNews will recover attorney’s fees after a successful fight to find out the names of New Hanover County employees laid off this year as a result of steep budget cuts.

More: continued here

 

Archives

News provided by WWAY NewsChannel 3 and the StarNewsOnline

|Home| |Events| |Attractions| |Accommodations| |Restaurants| |Golf| |Beaches| |Jobs| |Getting Here| |Climate| |Directory| |News| |Advertise| |Contact Us|

 
 
  Welcome to Wilmington, North Carolina