Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

The Car Allowance Rebate System (CARS for short, or ‘cash for clunkers’ as it is more commonly known) was the US’s answer to the scrappage schemes in Germany and the UK which appeared to have revitalised their respective automotive sectors. Though the scheme proved so popular that the initial $1billion set aside for it ran out last month, auto sales only rose by 2.4 When the cash for clunkers scheme was introduced, we at TheGreenCarWebsite.co.uk

Proposed scrappage scheme meets criticism

Green Cars News

An article in the New York Times criticised the so-called “cash for clunkers&# legislation that would give people vouchers worth as much as $4,500 to replace old cars with new ones. In Germany the credit has enticed customers to buy vehicles such as the Ford Ka, which achieves up to 56mpg, because it is part of a larger government plan that also includes tax based on carbon emissions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

For every kJ of chemical energy in the fuel for a spark ignition internal combustion engine, 73 % is sacrificed to chemical and thermal losses. Breaking out the 22%, aerodynamic losses account for 39%, tire resistance is 25%, transmission and drivetrain 20%, accessories 12% and bearings 3%. “ People were concerned about spending $35,000 for an SUV that seats five, they were saying for $21,000 I can get a sedan that seats five. Cash for Clunkers.

2009 150

Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

Calling the recent weeks “ one of the most emotionally difficult times for me as I’ve seen people with far more clout than I fail to make headway in changing the lackluster, dispiriting and immensely frustrating responses to the Gulf catastrophe ,” CalCars founder Felix Kramer has written a pre-response to President Obama’s scheduled Tuesday night speech to the US about the catastrophe in the Gulf of Mexico.]. Realists” say that’s impossible for decades.

2010 212