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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. Indeed the cars bought under the programme are on average 19 per cent above the average fuel economy of all new cars currently available. Well, Toyota reaped the largest percentage of sales under the programme with 19.4

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US hybrid sales slump in September

Green Cars News

What would happen when the cash for clunkers sales boom came to an end has been a question many automotive executives in the USA dared not think about. September 2009 light duty vehicle sales dropped back to pre-incentive lows with 745,997 cars and light duty trucks sold during the month according to Autodata.

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Clunkers programme receives funding boost

Green Cars News

The vastly popular cash for clunkers programme in the USA received a boost last Friday when President Obama signed into law HR 3435, which provides $2billion in emergency supplemental appropriations for the Consumer Assistance to Recycle and Save Programme.

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Hybrid sales leap in the US

Green Cars News

The cash for clunkers campaign has given a massive boost to hybrid sales in the US, with a reported leap by 48.6 Overall sales of light duty vehicles in the US increased by one per cent to 1,261,997 units according to figures from Autodata, with reported hybrid sales representing 3.07 per cent of new vehicle sales.

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