Study Finds Cash for Clunkers Program Boosted Average Fuel Economy of All Vehicles Purchased by 0.6 mpg in July and 0.7 mpg in August
Green Car Congress
SEPTEMBER 12, 2009
Average fuel economy of purchased new light-duty vehicles by month, including projection without the program. The Car Allowance Rebate System (CARS)—“Cash for Clunkers”—gave buyers a rebate when they traded in a vehicle while purchasing a new one. Source: Sivak and Schoettle 2009. Click to enlarge. mpg in July 2009 and 0.7
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