KER-CLUNK!The Obama administration is planning to end the "cash for clunkers" program Monday evening.
Two congressional officials familiar with the plan say the Transportation Department will wind down the program that offers car buyers rebates of up to $4,500 for trading in older vehicles for new, more fuel-efficient models.
The program will halt Monday at 8 p.m -- one month after it began.
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"It's been a thrill to be part of the best economic news story in America," Transportation Secretary Ray LaHood said in a statement. "Now we are working toward an orderly wind-down of this very popular program."
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