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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. Click to enlarge.

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A closer look at US auto sales in July

Green Cars News

Yesterday we told you how the cash for clunkers scheme has enjoyed early success in the USA. Today we take a closer look at how each manufacturer has faired as US auto sales slowed their decline throughout the month of July. In all, passenger car sales dropped 10.6 Reported sales jumped 31.8

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Proposed scrappage scheme meets criticism

Green Cars News

However, in the USA critics are taking shots at the proposals before they are even implemented. An article in the New York Times criticised the so-called “cash for clunkers&# legislation that would give people vouchers worth as much as $4,500 to replace old cars with new ones. Leave a comment with your thoughts.

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

We’re happy we’re well on our way with plug-in cars. Well, America’s auto industry delivered over 100,000. Since our cars and trucks use almost two-thirds of the oil we buy, the quickest way to cut oil use is to free transportation from its grip. It helps that the auto industry will be building more efficient new vehicles.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

This growth is no small feat considering overall car sales have been falling in the past two years. Furthermore, a BCG report from earlier this year even predicted EV sales to overtake internal combustion engine (ICE) car sales by 2030. Outside of Europe, the US and China have experienced a sharp decrease in overall car sales as well.

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