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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 Toyota reaped the largest percentage of sales under the CARS program (19.4%), followed by GM (17.6%) and Ford (14.4%). Ford Focus FWD. Ford Escape FWD.

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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. In September, Ford reported a 6% drop in sales year-on-year. Ford sold 2,138 hybrids in September, up 116% year-on-year. Reported hybrid sales by month.

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$2B Cash for Clunkers Supplement Signed Into Law; Funding Taken from Renewable Energy Loan Guarantee Program

Green Car Congress

3435 , which provides $2 billion FY 2009 emergency supplemental appropriations for the Consumer Assistance to Recycle and Save Program (Cash-for-Clunkers, C4C). The top-selling model under C4C program was the Ford Escape, according to an Edmunds.com analysis. On Friday, President Obama signed into law H.R.

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Hybrid Sales Plummet After Cash-For-Clunkers Credits Quit

Green Car Reports

We knew all along that the Cash-For-Clunkers program induced July and August car buyers to go for vehicles they might not otherwise have chosen, specifically smaller cars with higher gas mileage. Especially hybrid-electric vehicles from Toyota , Honda , Ford , and others.

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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. per cent; and Ford at 14.4 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.

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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% to 19,173 units) and Ford hybrids (up 323% to 5,353 units). Ford, Lincoln and Mercury retail sales increased 9% versus a year ago. Monthly new vehicle market share for hybrids.