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Study: Cash-for-Clunkers Programs Should Use Fuel Economy Rather Than Age to Maximize GHG Reductions

Green Car Congress

Cash for Clunkers”) program could maximize greenhouse gas emissions savings by using fuel-economy based eligibility requirements rather than age-based requirements. A first wave occurred in the 1990s, followed by a spate of current schemes to stimulate domestic auto industries in the face of the economic crisis.

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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. When the cash for clunkers scheme was introduced, we at TheGreenCarWebsite.co.uk

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Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

How did the high fuel prices impact customer behavior in 2008? A $1 change in gas prices can lead to a 4-6% shift in take rates (i.e. Alexander Edwards, President, Automotive Strategic Vision believes the exodus from full size SUVs was caused by economic caution as much as higher gas prices. Cash for Clunkers.

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

Green Car Congress

We expected it would come from higher prices or a supply disruption—we’ve all been surprised.) Well, America’s auto industry delivered over 100,000. That helped us become the world’s greatest industrial power. It helps that the auto industry will be building more efficient new vehicles. We just had to do it.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Moreover, with the massive drop in oil prices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel. Moreover, EVs are not only proving to be more robust amidst an auto industry in decline, but they are also already displaying some signs of recovery.

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