Cash for Clunker ending

Long expected and high commented, the program cash for clunker is popular among all Americans since last month when it began. It was originally planned to end on November 1, while as it is reported, the program will soon welcomed its ending on the coming Monday, August 24. The US Transportation Department has announced that the program, officially called Car Allowance Rebate System, has nearly exhausted $3 billion in financing and they have no other choice but to end it.
The car dealers have been having a hard time getting refund of the government. They had in all applied for $1.9billon in rebates and there are still unclaimed transactions while just a few dealers have had the refund. The government pointed that there are lots of paper work to do with the applications and there have not been extraordinary delays, while there is doubt that if all the money is put aside for the program. The first $1 billion allocated to the program had run out after less than two weeks. As we know, the process of the program is not smooth at all. It was already being contested due to the clunky bureaucracy, and I am not very optimistic towards the fund.
Finally, although the program would end before we expected, and only run for a couple of weeks, it do contribute to the car industry, General Motors is enjoying a recent sales uptick and is advancing funds to its dealers who is nervous about not receiving the government rebates. Meanwhile, Chrysler had announced it would increase its production.