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

Green Car Congress

The Car Allowance Rebate System, which cost the government $3 billion and was dubbed “Cash for Clunkers,” was so popular that it ran for only a few weeks in the summer before running out of money. The data included more than 320,000 real vehicle transactions completed under Cash for Clunkers. —Michael Wiles.

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UMD collaborative study finds that fuel efficiency of one car in household may be cancelled out by next car purchase

Green Car Congress

In a recent collaborative study led by the University of Maryland (UMD), researchers found that consumers tend to buy something less fuel efficient than they normally would for their second car after buying an eco-friendly vehicle. Then, I tend to buy a bigger second car. —James Archsmith.

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Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

The Car Allowance Rebate System (CARS for short, or ‘cash for clunkers’ as it is more commonly known) was the US’s answer to the scrappage schemes in Germany and the UK which appeared to have revitalised their respective automotive sectors. When the cash for clunkers scheme was introduced, we at TheGreenCarWebsite.co.uk

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GM Launches Trial of Sales on eBay

Green Car Congress

Consumers will be able to browse California dealer online showrooms, ask questions, negotiate prices, and arrange financing and payment to purchase a new 2008, 2009 or select 2010 car, crossover or truck online.

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UK Scrappage Scheme Encouraging Shift to Smaller, Fuel-Efficient Cars

Green Car Congress

Scrappage buyers were also three times more likely than average to buy the smallest class of car—minis such as the Smart Fortwo—and a third more cars bought through the scheme were larger superminis such as the Hyundai i10. New cars bought through the UK’s scrappage incentive scheme , which began in May, emit on average 10.9% g/km CO 2 , 27.4%

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Hybrid Car Sales Surge in U.S. in August

All Cars Electric

When the Cash for Clunkers (CARS) program here in the U.S. ended, I wondered how many of the buyers who took advantage of the rebate chose to purchase a hybrid. Buying a hybrid made the most sense, in my view, especially with the slight surge in gas prices just before the program launched.

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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."