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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. Reported sales of hybrids in September dropped 4.1% Hybrid new vehicle market share by month. September 2009 SAAR.

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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% Hybrids had an especially good month, with reported sales jumping 31.8% to 19,173 units) and Ford hybrids (up 323% to 5,353 units).

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IHS Markit: better-than-expected growth in global automotive semiconductor revenue in 2020; bolstered by uptake in EVs

Green Car Congress

Two factors are driving the recovery, notably low automotive inventory that will result in new car growth next year, combined with stimulus packages designed to benefit the ailing car sector while favoring the switch to electric and hybrid cars, which are typically more expensive than equivalent internal combustion-driven models.

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Reported Sales of US Hybrids Up 48.6% in August; 3.07% Market Share

Green Car Congress

Market share of reported hybrid sales in the US. Buoyed by the extension of the US Cash for Clunkers (CARS) program, as well as the availability of more hybrid models on the market, reported sales of hybrids in the US jumped 48.6% Reported hybrid sales represented 3.07% of new vehicle sales in August.

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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

Both conventional hybrids and diesel vehicles have increased market share slightly since MY 2007. The bulk of this production share is accounted for by non-hybrid gasoline vehicles, although other technologies, including hybrids, electric vehicles, and diesel vehicles are also represented.

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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

Light truck market share has been variable in recent years, e.g., truck share has changed by 4% or more in each year for MY 2009-2012, with two years of increases and two years of decreases. The number of non-hybrid SUVs that achieved 25 mpg increased from four in MY 2008 to 17 in MY 2013, more than a four-fold increase.

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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. per cent in July.