Scrap and salvage divisions both are seeing increased business.
In a release, Schnitzer Steel and its auto parts business subsidiaries GreenLeaf Auto Recyclers and Pick-N-Pull Auto Dismantlers, which have established a "Clunkers Recyclng Dealer Program, are reporting positive response from new car dealerships receiving trade-ins of "clunker" vehicles through the federal government's recently implemented Car Allowance Rebate System.
Hundreds of new car dealerships have registered with Schnitzer's Clunkers Recycling Dealer Program, according to the company.
"CARS is good for the consumer," says Tom Klauer, president of Schnitzer's Auto Parts Business, "and new car dealerships are choosing Schnitzer as their preferred Clunker recycling partner because of our experience and proven track record of efficiently, reliably and timely serving their need for end-of-life vehicle management. We responsibly meet the legislative requirements for vehicle information, properly handle and dispose of potential contaminants in compliance with environmental requirements, and provide reliable service assuring trade-in vehicles will never be put on the road again, while also meeting consumer needs for safe, reliable and competitively priced used auto parts.
"Schnitzer is a large, well-established and trusted partner to the industry," according to Klauer, "and the only vertically integrated auto recycling company that can handle the Clunkers across broad geographic reaches of the US." Under the federal regulations, new car dealerships face potential fines or penalties if trade-in vehicles are not processed and disposed of in compliance with environmental regulations.
Schnitzer's Auto Parts Business recycles approximately 300,000 end-of-life vehicles every year, and Schnitzer is a partner for several state and local vehicle retirement programs, including the State of California Bureau of Automotive Repair Consumer Assistance Program, the Bay Area Air Quality Management District Vehicle Buyback Program, and the Texas Commission on Environmental Quality Air Check Texas Drive a Clean Machine Program.
Under Schnitzer's Clunkers Recycling Dealer Program, Schnitzer will provide dealerships a quote for their Clunker that is guaranteed for 15 business days, provide a certificate of destruction, free towing services and what it calls quick payment.