Cash For Clunkers Mostly Pickup For Pickup Trade-ins

Billed as a way for the government to put more fuel-efficient vehicles on highways, the popular $3 billion Cash for Clunkers program mostly involved swaps of old Ford or Chevrolet pickups for new ones that got only marginally better gas mileage, according to an analysis of new federal data by The Associated Press.

The single most common swap -- which occurred more than 8,200 times -- involved Ford F150 pickup owners who took advantage of a government rebate to trade their old trucks for new Ford F150s.

Read the AP story "'Clunker' data show pickup-for-pickup trades" by Ted Bridis, Associated Press Writer.