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

Green Car Congress

However, the cost of CO 2 reduced was comparable or lower than that achieved through less cost-effective policies such as the tax subsidy for electric vehicles, the analysis concluded. After the “clunker” was traded in, its engine was destroyed. 677,842 clunkers were traded in between 1 July 2009 and 24 August 2009 as part of the program, which issued $2.85

VW, Mercedes, Opel, Fiat launch buybacks of dirtiest diesels in Europe

Green Car Reports

The news that VW Group engineers had deliberately cheated on eight years of emission tests for the "clean diesels" sold by Volkswagen, Audi, and Porsche sent shockwaves around the world. Europe emissions Opel Germany cash for clunkers VW Group PSA/Peugeot-Citroen Fiat Chrysler Automobiles (FCA Almost two years ago, the Volkswagen diesel emission scandal burst into public view, and nothing has been quite the same since then.

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

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Cash for Clunkers”) program could maximize greenhouse gas emissions savings by using fuel-economy based eligibility requirements rather than age-based requirements. The study also suggests that a long-term Cash-for-Clunkers program may be more suitable to CO 2 e reduction because with such a program policymakers could send a clear, long-term signal to auto manufacturers for more fuel-efficient vehicles.

US cash for clunkers scheme ends

Green Cars News

The US car scrappage scheme know as the ‘cash for clunkers’ plan will end next week after the funds ran out. Transportation Secretary Ray LaHood announced on Thursday that after a successful run, the cash for clunkers program will come to a close on Monday, August 24th at 8 p.m. This program has been a lifeline to the automobile industry, jump starting a major sector of the economy and putting people back to work,” Secretary LaHood said. “At

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. While carbon credits are projected to sell in the US for about $28 per ton (current price in Europe is about $20), Knittel found that the best-case estimates of the cost of the clunkers rebate is $237 per ton.

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% As a result, the SAAR for July surged to 11.24 year-on-year to 35,429 units, representing a 3.55% new vehicle sales market share for the month—the highest monthly share yet. The Tacoma mid-size pickup reported sales of 12,552 units for the month, up 7.6%

Survey Finds Most Americans Concerned About Gas Prices But Not Enough to Stop Taking Their Own Car To Work

Green Car Congress

For 48%, it is a very important factor. 35% say it is at least somewhat likely that the next automobile they buy will be a hybrid car, with 10% saying it is very likely. Americans give mixed reviews to Congress’ “Cash for Clunkers” plan to encourage the purchase of new, more fuel-efficient cars. 55% of adults support higher fuel efficiency standards for cars even if it makes them cost more.

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Heard At The Show: Snippets from SAE 2009 World Congress

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In a session on total vehicle energy consumption, several people shared similar pie charts showing the flow of energy within an automobile. 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%. Cash for Clunkers.

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