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ASU research finds that Cash for Clunkers rebates were too high to prompt car upgrades

Green Car Congress

In 2009, the Obama administration launched the Car Allowance Rebate System, a program that was intended to not only stimulate spending, but also to improve energy efficiency and safety by encouraging people to upgrade to new cars. The data included more than 320,000 real vehicle transactions completed under Cash for Clunkers.

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$2B Cash for Clunkers Supplement Signed Into Law; Funding Taken from Renewable Energy Loan Guarantee Program

Green Car Congress

On Friday, President Obama signed into law H.R. 3435 , which provides $2 billion FY 2009 emergency supplemental appropriations for the Consumer Assistance to Recycle and Save Program (Cash-for-Clunkers, C4C). Monthly SAAR had been below 10 million for the prior six months in 2009.

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Clunkers programme receives funding boost

Green Cars News

The vastly popular cash for clunkers programme in the USA received a boost last Friday when President Obama signed into law HR 3435, which provides $2billion in emergency supplemental appropriations for the Consumer Assistance to Recycle and Save Programme.

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Labour's £5,000 sweetener to launch electric car revolution | Environment | The Guardian

Tony Karrer Delicious EVdriven

BST on Thursday 16 April 2009. It appeared in the Guardian on Thursday 16 April 2009 on p1 of the Top stories section. BST on Thursday 16 April 2009. Barack Obama releases Bush administration torture memos 5. My Web del.icio.us Report errors or inaccuracies: reader@guardian.co.uk It was last updated at 14.16

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Report: Dealers Worried About Getting EV Refunds From the Government

The Truth About Cars

According to a report from Automotive News , dealers are getting worked up about the prospect of not receiving money swiftly enough — mimicking some of the hardships endured during the Cash-for-Clunkers period. Car dealers are asset rich and cash poor. All of a sudden, the dealer is in a cash crunch."