Green Car Congress

NOVEMBER 3, 2013

billion program provided a short-term boost in vehicle sales; however, some of these sales were pulled forward (or borrowed) from sales that would have occurred in the future in the absence of the program. In the event of a future economic recession, we would not recommend repeating the CARS program.

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Green Car Congress

AUGUST 14, 2009

The federal government’s Cash for Clunkers aims to stimulate the economy, provide relief for automobile manufacturers and reduce greenhouse gas emissions. Knittel did not analyze the program’s other key objectives: stimulating the economy and providing relief for automobile manufacturers. However, the. pollutants.I

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Green Car Congress

AUGUST 4, 2009

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% Passenger car sales dropped 10.6% to 554, 527 units, while light truck sales dropped 14.1% Hybrids had an especially good month, with reported sales jumping 31.8%

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Green Cars News

AUGUST 21, 2009

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. billion in rebates.

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The Truth About Cars

SEPTEMBER 25, 2023

According to a report from Automotive News , dealers are getting worked up about the prospect of not receiving money swiftly enough — mimicking some of the hardships endured during the Cash-for-Clunkers period. Car dealers are asset rich and cash poor. Frankly, it’s hard to have any empathy for automotive dealerships these days.

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Wallbox

JANUARY 4, 2021

This growth is no small feat considering overall car sales have been falling in the past two years. Furthermore, a BCG report from earlier this year even predicted EV sales to overtake internal combustion engine (ICE) car sales by 2030. Why some analysts expect EV sales to drop.

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