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

Green Car Congress

billion program provided a short-term boost in vehicle sales; however, some of these sales were pulled forward (or borrowed) from sales that would have occurred in the future in the absence of the program. —Gayer and Parker brief. Emissions Fuel Efficiency Policy'

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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%). Click to enlarge.

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We Need A Cash For Stinkers Program 

CleanTechnica EVs

Just like the Cash for Clunkers program during the financial crisis, a “Cash for Stinkers” program is needed to battle the climate crisis. Cash for Clunkers was designed to increase new car sales and, in the meantime, put more fuel-efficient vehicles on the road.

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Study Concludes Cash for Clunkers Program Is an Expensive Way to Reduce Carbon; Paying Nearly 10x the Projected Price of Carbon Credits

Green Car Congress

The federal government’s Cash for Clunkers aims to stimulate the economy, provide relief for automobile manufacturers and reduce greenhouse gas emissions. His analysis, titled “The Implied Cost of Carbon Dioxide Under the Cash for Clunkers Program,” was published online 13 August by the University of California Energy Institute.

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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

Reported hybrid sales by month. 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. With 745,997 cars and light duty trucks sold in September, according to Autodata, sales were down 22.7%

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Romania doubles electric-car subsidies, adds 'cash for clunkers' program

Green Car Reports

In recent years, governments have increasingly worked to encourage the sales of plug-in electric vehicles. Incentive programs for the purchase of a low-emission vehicle have been adopted across the world. The amounts granted and the mechanisms vary according to the individual program, but the goal is the same: reduce emissions.

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Camry Hybrid vs. Sonata Hybrid, mobile charging, Cash for Clunkers redux: The Week in Reverse

Green Car Reports

Sales of which electric car plunged the steepest leading into the U.S. pandemic slowdown? Which automaker reaffirmed its commitment to hydrogen fuel cells? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending May 8, 2020.