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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

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% The first new 2010 Ford Taurus sedans were delivered at the end of July, as well as the first Transit Connects. Monthly new vehicle market share for hybrids. Click to enlarge. year-on-year.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

It’s clear electric cars were on the rise up until the outbreak, but how is the current situation with full-scale lockdowns around the world affecting this trend now? As a result of the lockdown, automobile production ground to a halt in several leading car manufacturing countries. COVID-19 pandemic has hit the automotive market hard.

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