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

Green Car Congress

In terms of distributional effects, compared to households that purchased a new or used vehicle in 2009 without a voucher, CARS program participants had a higher before-tax income, were older, more likely to be white, more likely to own a home, and more likely to have a high-school and a college degree. Cost per job created. Click to enlarge.

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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. do not discuss the merits of the program in terms of stimulus. a consultancy, noting that fading interest suggests current car sales are borrowed from the future.

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IHS Markit: better-than-expected growth in global automotive semiconductor revenue in 2020; bolstered by uptake in EVs

Green Car Congress

Global automotive semiconductor revenue for 2020 will exceed initial expectations, primarily due to an increase in the average semiconductor value per car sold this year, according to a new forecast by IHS Markit. One of the impacts of COVID-19 is that it has led to an increase of the average semiconductor value per car sold.

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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. When the cash for clunkers scheme was introduced, we at TheGreenCarWebsite.co.uk

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"Plug-in Arizona Educational Tour" Update -- "Spirit of DC's" Visit to Nogales High School with Nogales International Reporter, Tuesday, 24 Nov 2009

Spirit of DC - PHEV3A

A plug and a pack can make a car a 101 MPG vehicle aided by electricity. ! After all, if the US Stimulus Package program could do "Cash for Clunkers," then why not "Cash for Conversions!". See also [link] > Some 20 students were game to bask in the sun and visually take in the "Spirit" with solar panels a'charging.

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Thursday - 1 October 2009. Reporting Out on the Tour de AZ; "Spirit of DC" Plug-in Hybrid Electric Vehicle All Around ARIZONA -- a new PHEV3A

Spirit of DC - PHEV3A

PPS Should time permit for further study, Michelle, here's a distinct California Car Initiative (CALCars) info article on how important it is to get Arizona plugged in and now for the economic well being of Arizona, under the Stimulus Bill! In fact, "Cash for Clunkers" should also be expanded to "Cash for Conversions!"

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

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. Outside of Europe, the US and China have experienced a sharp decrease in overall car sales as well.

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