116 3rd St SE
Cedar Rapids, Iowa 52401
Iowa City car dealer John McEleney quoted in NYT
John McGlothlen
Aug. 3, 2009 3:50 pm
“It's chaotic - the site has been overwhelmed with dealers all over the country applying.” Mr. McEleney also said “there's a lot of uncertainty about the rules. We're grateful the program exists, it's been a tremendous boost to dealers who really need it, but it would be nice if it were a bit less complex.” ...
And from the Associated Press:
Despite the assurances from the White House, many dealers said they were concerned they could be on the hook for some of the money if the Senate fails to approve the $2 billion. John McEleney, chairman of the National Automobile Dealers Association, said his organization was warning dealers there were no guarantees they would be reimbursed for sales they make under the program this week. McEleney said he has stopped offering cash-for-clunkers deals at his own Iowa dealerships. ...