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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 554, 527 units, while light truck sales dropped 14.1% Light truck sales were down 10.1% to 76,724; total light truck sales were down 20.6% Click to enlarge. to 443, 297 units.

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EPA annual report on CO2, fuel economy and technology trends finds 2012 heading for all-time best; rapid adoption of new technologies

Green Car Congress

Changes in light-duty vehicle technology penetration share. The number of SUV, pickup, minivan, and van models that have combined EPA label values of 20 mpg (11.8 There are almost 3 times more SUVs with combined labels of 25 mpg (9.4 Source: EPA. Click to enlarge. l/100km) or more. Truck market share continues to be volatile.

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Scrappage Scheme Moving Forward in US Congress

Green Car Congress

Dingell, Congresswoman Betty Sutton, Congressman Jay Inslee, and Congressman Bart Stupak reached an agreement on a “Cash for Clunkers” scrappage program. Light-Duty Trucks: The old vehicle must get less than 18 mpg. New light trucks or SUVs with mileage of at least 18 mpg are eligible for vouchers.

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EPA trends report sees record levels of average new vehicle fuel economy and CO2 emissions for MY 2012; role of new gasoline vehicle technologies

Green Car Congress

Other highlights of the latest Trends report include: Light truck market share decreased in MY 2012, but continues to be variable. Light trucks (pickups, minivans/vans, and truck SUVs), accounted for 36% of all light-duty vehicle production in MY 2012, the second lowest level since 1993. mpg, or 22%. Click to enlarge.