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The U.S. House today approved "cash for clunkers" legislation designed to boost flagging U.S. auto sales with a plan to offer up to $4,500 to consumers who trade in gas-guzzling autos for more fuel-efficient vehicles.

Automakers, car dealers, business group and Michigan and Ohio lawmakers had long sought passage of the legislation, which they call crucial to boosting sales that have dropped by more than 40 percent amid deep recession.

But the legislation's future remains unclear in the Senate, where supporters withdrew an attempt to seek a vote last week and where talks among supporters and more environmentally conscious lawmakers continue.


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Cash For Clunkers Approved By House

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