WASHINGTON (CN) – The National Highway Traffic Safety Administration plans to extend the time wrecking yards have to crush vehicles traded in under the Consumer Assistance to Recycle and Save (CARS) program.
Wreckers would have 270 days from receipt of a vehicle, to crush or shred it, instead of 180 days, under the proposed rule.
The NHTSA estimated that it would take approimately 180 days for wrecking yards to demolish the 250,000 vehicles expected to be traded-in for more efficient ones. But, since the Government made available $3 million, instead of $1 million, for the program, wreckers have 700,000 vehicles to destroy.
A representative of the wrecking yards had asked for additional time to process the vehicles, because the wreckers need the time they would spend destroying the vehicles to effectively inventory and sell the useable parts, which is also a part of their business.
Click the document icon for this and other regulations.