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Cash for clunkers repeat? Report says: NO

Green Cars News

At the height of the recession in 2008-2009, the Car Allowance Rebate System (CARS), also known as the "cash for clunkers" program (a similar concept was launched in the UK known as the scrappage scheme) was introduced in the USA to drive new sales and reduce carbon dioxide emissions. Latest News Green cars'

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September Auto Sales Plunge in Aftermath of Cash for Clunkers; SAAR at 9.2M units, LDV Sales Down 41% from August, Hybrid Sales Down 48%

Green Car Congress

In the aftermath of the summer sales boom fueled by the US Cash for Clunkers program, September 2009 light duty vehicles sales dropped back to pre-incentive lows. With 745,997 cars and light duty trucks sold in September, according to Autodata, sales were down 22.7% from September 2008. from September 2008.

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Cash for Clunkers Buoys US Auto Sales; Hybrid Sales Up 31.8% for Monthly New Vehicle Share of 3.55%

Green Car Congress

Buoyed by the US government’s CARS (“Cash for Clunkers”) program, US auto sales slowed their decline in the US in July, dropping on 12.1% Passenger car sales dropped 10.6% GM total truck sales in July were down 18%, and car sales of 83,736 were off 21% compared with a year ago. over July 2008. year-on-year.

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GM Launches Trial of Sales on eBay

Green Car Congress

Starting tomorrow and running through 8 September, GM is running a test program for online car sales on eBay in California at gm.ebay.com. With more than 225 GM dealers in California participating, shoppers can at any given time expect to see a selection of up to 20,000 new GM vehicles, according to the company.

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Reported Sales of US Hybrids Up 48.6% in August; 3.07% Market Share

Green Car Congress

Buoyed by the extension of the US Cash for Clunkers (CARS) program, as well as the availability of more hybrid models on the market, reported sales of hybrids in the US jumped 48.6% There were 26 selling days in August 2009, vs. 27 in August 2008. Sales of all passenger cars in the US increased 15.6% to 535,043.

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EPA trends report sees record levels of average new vehicle fuel economy and CO2 emissions for MY 2012; role of new gasoline vehicle technologies

Green Car Congress

Gasoline direct injection (GDI) engines have increased market share ten-fold from less than 3% in MY 2008 to more than 30% in MY 2013. Turbochargers, which are often used in conjunction with GDI, have increased market share by a factor of five since MY 2008. l/100 km) or more in MY 2013 than in MY 2008.

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US hybrid sales slump in September

Green Cars News

What would happen when the cash for clunkers sales boom came to an end has been a question many automotive executives in the USA dared not think about. September 2009 light duty vehicle sales dropped back to pre-incentive lows with 745,997 cars and light duty trucks sold during the month according to Autodata.