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Kokomo plants benefit from 'clunkers' program

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The federal government’s popular Cash for Clunkers program that ended Monday gave a boost to Kokomo’s Chrysler plants.

Altogether, 200 Chrysler Group LLC employees were called back to three plants — 136 at the Kokomo Transmission plant, 42 at Indiana Transmission Plant I and 22 at the Kokomo Casting Plant, according to the Kokomo Tribune.

The Kokomo plants make transmissions for Chrysler’s Town and Country minivan, which is assembled in Canada.

Italy's Fiat took ownership of most of Chrysler's assets in June, a move that saved the troubled U.S. automaker from bankruptcy liquidation.

Chrysler’s automobiles accounted for 8.3 percent of all vehicles sold under the Cash for Clunkers program—well below Toyota’s leading 19.2-percent share.

Cash for Clunkers, which offered drivers as much as $4,500 off the price of a new, more fuel-efficient car, proved wildly popular. With the rebates, dealers reported selling 625,000 vehicles in just a month.

The government had set the Monday deadline on estimates that most of the $3 billion set aside for rebates would be used up by then. Analysts initially figured the cash would last as long as November.

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  1. If I were a developer I would be looking at the Fountain Square and Fletcher Place neighborhoods instead of Broad Ripple. I would avoid the dysfunctional BRVA with all of their headaches. It's like deciding between a Blackberry or an iPhone 5s smartphone. BR is greatly in need of updates. It has become stale and outdated. Whereas Fountain Square, Fletcher Place and Mass Ave have become the "new" Broad Ripples. Every time I see people on the strip in BR on the weekend I want to ask them, "How is it you are not familiar with Fountain Square or Mass Ave? You have choices and you choose BR?" Long vacant storefronts like the old Scholar's Inn Bake House and ZA, both on prominent corners, hurt the village's image. Many business on the strip could use updated facades. Cigarette butt covered sidewalks and graffiti covered walls don't help either. The whole strip just looks like it needs to be power washed. I know there is more to the BRV than the 700-1100 blocks of Broad Ripple Ave, but that is what people see when they think of BR. It will always be a nice place live, but is quickly becoming a not-so-nice place to visit.

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