ARA SUCCESSFUL IN EFFORTS TO SECURE ADDITIONALPROCESSING TIME FOR AUTOMOTIVE RECYCLERS
The National Highway and Traffic Safety Administration (NHTSA) has issued its final ruling which allows automotive recyclers an additional 90 days, for a total of 270 days, to crush or shred vehicles traded in under the Consumer Assistance to Recycle and Save (CARS) program. The final rule amends regulations implementing the CARS program – also known as Cash for Clunkers – initially published on July 29, 2009.
ARA Executive Vice President Michael E. Wilson states, “The additional processing time allows the “Cash for Clunkers” program stimulus effects to continue. By providing additional access to economical “green” recycled automotive parts harvested from vehicles traded in under the program, consumers will benefit along with the businesses that sell those parts.” Wilson adds, “We are appreciative of the Agency’s understanding and acknowledgement of the many consumer benefits that the professional automotive recycling industry provides.”
NHTSA initiated an official agency proposed rulemaking on November 27, 2009, lasting 20 days, to allow for public comments. The Automotive Recyclers Association (ARA) and our affiliated chapters along with many members offered overwhelming support for extension. NHTSA’s actions are a direct response to the concerted effort of the automotive recycling industry to address the many challenges encountered by the industry by the tripling of the original program.
NHTSA final rule states that “the additional time will allow the public to benefit from the availability of lower cost used vehicle parts from vehicles traded in under the CARS program and will provide disposal facilities with an opportunity to derive more revenue from those vehicles prior to crushing or shredding.”
ARA would like to thank those members helped advocate for the extension. Your commitment to the industry is greatly appreciated.
For a complete copy of the NHTSA final rule, click here.
