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ASU research finds that Cash for Clunkers rebates were too high to prompt car upgrades

Green Car Congress

The study found that people would have been more likely to upgrade their cars if rebates had been less and if they had been offered as straight discounts—not trade-in refunds. Under the federal program, buyers could get a $3,500 or $4,500 rebate, depending on how much more efficient their new car was. Three professors in the W.

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Commentary: Emissions–not gas mileage–should be foundation for Cash for Clunkers reboot

Green Car Reports

Back in 2009, the $3 billion Cash for Clunkers program, or Car Allowance Rebate System (CARS), offered $3,500 to $4,500 for older vehicles up to 25 years old regardless of the condition provided consumers replaced it with a new, more fuel-efficient one.

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Electric garbage truck, Cash for Clunkers reboot, VW EV brand: Today’s Car News

Green Car Reports

And should Cash for Clunkers look directly at tailpipe emissions for a reboot? This and more, here at Green Car Reports. Does it make sense for Volkswagen to create a new brand for its affordable electric vehicles? Volkswagen is thinking of creating a new brand around its most affordable EVs. Given the.

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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. l/100 km) averaged by the trade-in vehicles. Cost per ton of carbon reduced.

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Cash for Clunkers By the Numbers

Green Car Congress

Cash for Clunkers sales by manufacturer. The US Cash for Clunkers program (CARS) ended Tuesday night with 690,114 dealer transaction submitted worth $2,877.9 Eighty-four percent of consumers traded in trucks and 59% purchased passenger cars. The average fuel economy of the vehicles traded in was 15.8

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We Need A Cash For Stinkers Program 

CleanTechnica EVs

Just like the Cash for Clunkers program during the financial crisis, a “Cash for Stinkers” program is needed to battle the climate crisis. Cash for Clunkers was designed to increase new car sales and, in the meantime, put more fuel-efficient vehicles on the road.

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Why a Biden Presidency will accelerate change to electric cars: 10 talking points

Green Car Reports

President-elect Biden has proposed a $2 trillion climate agenda that includes provisions ranging from coordinating climate priorities in transportation infrastructure spending to things like rebooting “Cash for Clunkers” in the interest of modernizing the fleet toward cleaner vehicles.