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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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Cash for Clunkers By the Numbers

Green Car Congress

Cash for Clunkers sales by manufacturer. The US Cash for Clunkers program (CARS) ended Tuesday night with 690,114 dealer transaction submitted worth $2,877.9 Click to enlarge. Eighty-four percent of consumers traded in trucks and 59% purchased passenger cars. mpg: a 58% improvement.

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September Auto Sales Plunge in Aftermath of Cash for Clunkers; SAAR at 9.2M units, LDV Sales Down 41% from August, Hybrid Sales Down 48%

Green Car Congress

In the aftermath of the summer sales boom fueled by the US Cash for Clunkers program, September 2009 light duty vehicles sales dropped back to pre-incentive lows. General Motors dealers in the United States delivered 155,679 light duty vehicles in September, down 45% year-on-year. Reported hybrid sales by month. General Motors.

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BREAKING: Cash-For-Clunkers May Be Over, Out Of Money, Kaput

Green Car Reports

As we enter the news day on Thursday, it appears that the "Cash For Clunkers" program could well be out of cash.

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Cash for clunkers: a summary

Green Cars News

The US Cash for Clunkers scheme ran out of cash on Tuesday with 690,114 dealer transactions submitted. The state that requested the largest share of the cash for clunkers cash was California with 11.3 So did it achieve its objectives? Let’s look at the evidence. per cent; and New York at 5.4

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Cash for clunkers programme explained

Green Cars News

The programme, which has been dubbed ‘cash for clunkers’, was signed into law on June 24 with issuance expected to occur on July 23. Dealers apply a credit at purchase - no voucher is needed. Dealers apply a credit at purchase - no voucher is needed. So how will the US scheme work?

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US cash for clunkers scheme ends

Green Cars News

The US car scrappage scheme know as the ‘cash for clunkers’ plan will end next week after the funds ran out. Transportation Secretary Ray LaHood announced on Thursday that after a successful run, the cash for clunkers program will come to a close on Monday, August 24th at 8 p.m. billion in rebates.