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. Thaler, a professor at the University of Chicago, won the Nobel Prize for economics in 2017.

Cash for Volts?

Revenge of the Electric Car

A coalition of car makers, battery suppliers and electricity providers has come together to ask for federal help for EVs. by Judith Burns for Dow Jones. to offer tax credits for buying all-electric plug-in vehicles as part of a $128 billion program to get seven million such cars on the road by 2018. WASHINGTON -(Dow Jones)- Move over, cash for clunkers. “We can set the stage for it, with a wide range of tax credits,&# said Sen.

Volt 100