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Brookings analysts recommend against repeating cash for clunkers program in future recession

Green Car Congress

After the “clunker” was traded in, its engine was destroyed. 677,842 clunkers were traded in between 1 July 2009 and 24 August 2009 as part of the program, which issued $2.85 billion in vouchers; NHTSA concluded that the new vehicles purchased under the program averaged 24.9 miles per gallon (9.4 l/100 km), compared to the 15.8

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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

Monthly new vehicle market share for hybrids. 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% year-on-year to 35,429 units, representing a 3.55% new vehicle sales market share for the month—the highest monthly share yet.

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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

Other highlights of the report include: Many new technologies are rapidly gaining market share. The use of gasoline direct injection systems has grown from essentially zero in MY 2007 to a projected 24% of the market in MY 2012. Both conventional hybrids and diesel vehicles have increased market share slightly since MY 2007.

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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

mpg higher (+5.4%) than MY 2011. mpg fuel economy improvement from MY 2011 to MY 2012 is the second largest annual improvement in the last 30 years. mpg, or 22%. Other highlights of the latest Trends report include: Light truck market share decreased in MY 2012, but continues to be variable. l/100 km), which is 1.2

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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. The agreement divides these new cars and trucks into four categories: Passenger Cars: The old vehicle must get less than 18 mpg. Waxman, Subcommittee Chairman Edward J.

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