Cash for clunkers programme explained

Green Cars News

The US appears set to follow the UK’s lead with its own version of the vehicle scrappage scheme known as the Car Allowance Rebate System - or CARS for short. The programme, which has been dubbed ‘cash for clunkers’, was signed into law on June 24 with issuance expected to occur on July 23. Trade-in vehicles must be registered and insured for a full year preceding the trade-in. -

Cash for clunkers enjoys early success

Green Cars News

So after the UK’s vehicle scrappage scheme was hailed a success, what of the so-called “cash for clunkers&# programme in the US? Even though corporate purchases of vehicle fleets continued to drop, the number of retail sales of Ford cars and pick-up trucks among the public leapt by nine per cent. Officially called the Car Allowance Rebate Scheme (CARS for short), it has proved so popular that public funding of $1billion dried up after one week.

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

Green Car Congress

A study by researchers at UC Davis suggests that a properly designed vehicle scrappage (i.e., Cash for Clunkers”) program could maximize greenhouse gas emissions savings by using fuel-economy based eligibility requirements rather than age-based requirements. Vehicle scrappage schemes have been implemented in a number of countries in Europe and the US. The one exception is the US CARS program.

Cash for clunkers repeat? Report says: NO

Green Cars News

At the height of the recession in 2008-2009, the Car Allowance Rebate System (CARS), also known as the "cash for clunkers" program (a similar concept was launched in the UK known as the scrappage scheme) was introduced in the USA to drive new sales and reduce carbon dioxide emissions. Latest News Green cars

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. At the same time, we’ve been able to take old, polluting cars off the road and help consumers purchase fuel efficient vehicles.”.

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. Though the scheme proved so popular that the initial $1billion set aside for it ran out last month, auto sales only rose by 2.4 Tags: The Green Piece cash for clunkers green piece

Has the scrappage scheme been exposed? The Green Piece

Green Cars News

It’s been nearly a year since the scrappage scheme (known as ‘cash for clunkers’ in the USA) ended its run in the UK. The Green Piece cash for clunkers green car scrappage schemeTuesday 8 February 2011. The Green Piece Column. At the time we were told that it had been a resounding success (see article) by not only boosting the automotive industry but also [.].

More international criticism for scrappage schemes

Green Cars News

Yesterday we told you how the scrappage scheme proposals in the USA are coming under fire and today it is the turn of Spain’s scheme to face criticism. The Ecologistas en Accion , one of the country’s most important green groups, is claiming that the scrappage scheme is bad business. According to the group, driving a car is not only bad for the environment but it is also bad for administrations expecting to reap financial rewards.

Proposed scrappage scheme meets criticism

Green Cars News

The scrappage scheme is only a few days old here in the UK and it has already come under fire. An article in the New York Times criticised the so-called “cash for clunkers&# legislation that would give people vouchers worth as much as $4,500 to replace old cars with new ones. By contrast it states, the Congress scheme is weaker - you can simply buy a new SUV with only slightly better gas mileage and qualify for a $3,500 boost.

UK Scrappage Scheme Encouraging Shift to Smaller, Fuel-Efficient Cars

Green Car Congress

New cars bought through the UK’s scrappage incentive scheme , which began in May, emit on average 10.9% less CO 2 (16 g/km) than the average new car, according to figures released by the car manufacturers’ trade association SMMT. Scrappage buyers were also three times more likely than average to buy the smallest class of car—minis such as the Smart Fortwo—and a third more cars bought through the scheme were larger superminis such as the Hyundai i10.

Scrappage Scheme Moving Forward in US Congress

Green Car Congress

Dingell, Congresswoman Betty Sutton, Congressman Jay Inslee, and Congressman Bart Stupak reached an agreement on a “Cash for Clunkersscrappage program. Under the proposal, consumers may trade in their older vehicles and receive vouchers worth up to $4,500 to help pay for new, more fuel efficient cars and trucks. The program will be authorized for up to one year and provide for approximately one million new car or truck purchases.

Study finds that replacement programs that reduce vehicle lifetime can result in increased lifecycle CO2 emissions

Green Car Congress

Effects of changes in the average lifespan of ordinary passenger cars newly registered between 1990-2000 on total induced CO 2 emissions in 2000. Empirical results also revealed that even if the fuel economy of less fuel-efficient ordinary passenger vehicles were improved to levels comparable with those of the best available technology, i.e. hybrid passenger cars currently being produced in Japan, total CO 2 emissions would decrease by only 0.2%. market share of hybrid cars.

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