article thumbnail

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% Toyota Motor Sales, USA (TMS) reported July sales of 174,872, down 11.4% Monthly new vehicle market share for hybrids. Click to enlarge. Passenger car sales dropped 10.6% to 443, 297 units.

article thumbnail

Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

As a result of the lockdown, automobile production ground to a halt in several leading car manufacturing countries. USA – In the USA, democrats have proposed the Green New Deal , an economic recovery plan that aims to “ to power all transportation and generate all electricity from renewable sources by 2030 ”. of the U.S.

Economy 52