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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. Carey School of Business analyzed a unique data set. Their paper is published in the Journal of Marketing.

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Hyundai to offer Tucson Fuel Cell vehicle to LA-area retail customers in spring 2014; Honda, Toyota show latest FCV concepts targeting 2015 launch

Green Car Congress

At the Los Angeles Auto Show, Hyundai announced plans to offer its next-generation Tucson Fuel Cell vehicle for the US market for $499 per month, including unlimited free hydrogen refueling and At Your Service Valet Maintenance at no extra cost. This also is why Honda is an enthusiastic participant in a federal program, H 2 USA.

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California Air Resources Board releases proposed Advanced Clean Car package: LEV III, GHG and ZEV rules to transform the California fleet; ZEVs and TZEVs to be 15+% of new vehicle sales by 2025

Green Car Congress

A savings of $5 billion in operating costs in 2025 for California drivers. When fully implemented, annual fuel costs to operate a car will be reduced by an average of 25%, with an overall cumulative savings of $22 billion by 2025, according to ARB calculations. Certification fuels.