Green Car Reports

MAY 16, 2017

Incentive programs for the purchase of a low-emission vehicle have been adopted across the world. Europe cash for clunkers incentives plug-in cars government subsidy RomaniaIn recent years, governments have increasingly worked to encourage the sales of plug-in electric vehicles. The amounts granted and the mechanisms vary according to the individual program, but the goal is the same: reduce emissions. DON’T MISS.

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Green Car Reports

JULY 16, 2020

Joe Biden announced a broad environmental plan Tuesday that includes provisions to broaden the federal electric-car tax credit and revive the "Cash for Clunkers" program. Biden will restore the full electric vehicle tax credit to incentivize the purchase of these vehicles," a statement on the presumptive Democratic presidential nominee's campaign. emissions

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Green Car Reports

MAY 5, 2020

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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Green Car Reports

MAY 5, 2020

And should Cash for Clunkers look directly at tailpipe emissions for a reboot? 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. Garbage trucks are going all-electric, too. This and more, here at Green Car Reports. Given the. Today in Car News

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Green Car Congress

MARCH 25, 2019

The Car Allowance Rebate System, which cost the government $3 billion and was dubbed “Cash for Clunkers,” was so popular that it ran for only a few weeks in the summer before running out of money. The data included more than 320,000 real vehicle transactions completed under Cash for Clunkers. Thaler, a professor at the University of Chicago, won the Nobel Prize for economics in 2017.

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Green Cars News

AUGUST 27, 2009

The US Cash for Clunkers scheme ran out of cash on Tuesday with 690,114 dealer transactions submitted. The state that requested the largest share of the cash for clunkers cash was California with 11.3 Tags: Green cars Latest news cash for clunkers cash for clunkers scheme Toyota Corolla So did it achieve its objectives? Let’s look at the evidence.

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Green Car Congress

AUGUST 27, 2009

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 With the end of transactions under the program, the Department of Transportation is augmenting a team that already includes more than 2,000 people processing dealer applications for rebates. Click to enlarge.

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Green Car Congress

NOVEMBER 3, 2013

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. 677,842 clunkers were traded in between 1 July 2009 and 24 August 2009 as part of the program, which issued $2.85

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Green Car Reports

AUGUST 11, 2017

The news that VW Group engineers had deliberately cheated on eight years of emission tests for the "clean diesels" sold by Volkswagen, Audi, and Porsche sent shockwaves around the world. Europe emissions Opel Germany cash for clunkers VW Group PSA/Peugeot-Citroen Fiat Chrysler Automobiles (FCA Almost two years ago, the Volkswagen diesel emission scandal burst into public view, and nothing has been quite the same since then.

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Green Cars News

AUGUST 4, 2009

So after the UK’s vehicle scrappage scheme was hailed a success, what of the so-called “cash for clunkers&# programme in the US? The cash for clunkers scheme offers payments up to $4,500 for motorists that are willing to swap in their gas guzzling vehicles for more fuel efficient alternatives.

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Green Cars News

JULY 5, 2009

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. -

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Green Cars News

NOVEMBER 6, 2013

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.

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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. The scheme gave owners of old cars and lorries up to $4,500 towards a new, more fuel efficient vehicle in exchange for their old model.

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Green Cars News

AUGUST 18, 2009

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

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Hybrid SUV Blog

JULY 15, 2009

If news about “Cash For Clunkers&# or “Cash For Guzzlers&# has you excited about trading in your current ride for a hybrid SUV or green car, you may be disappointed to learn more of the details. Last month, the Car Allowance Rebate System was signed into law, providing roughly $1 billion dollars in incentives for people willing to trade in their current vehicle for a new, more fuel-efficient option.

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Green Car Congress

SEPTEMBER 2, 2009

Burton Abrams and George Parsons of the University of Delaware evaluated the efficiency of the recently concluded Cash for Clunkers (CARS) program and concluded that the cost exceeds the benefit by approximately $2,000 per vehicle, or close to $1.4 There is a $4,200 loss to the taxpayer (the average subsidy), but the CARS participant gains $1,600 per vehicle ($2,600 in the value of the price subsidy less the $1,000 loss of the clunker). 2009) Is CARS a Clunker?

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Green Car Reports

OCTOBER 6, 2009

We knew all along that the Cash-For-Clunkers program induced July and August car buyers to go for vehicles they might not otherwise have chosen, specifically smaller cars with higher gas mileage. Especially hybrid-electric vehicles from Toyota , Honda , Ford , and others. But now comes the hybrid hangover: September sales of hybrids

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Green Car Congress

SEPTEMBER 22, 2009

Cash for Clunkers”) program could maximize greenhouse gas emissions savings by using fuel-economy based eligibility requirements rather than age-based requirements. The study also suggests that a long-term Cash-for-Clunkers program may be more suitable to CO 2 e reduction because with such a program policymakers could send a clear, long-term signal to auto manufacturers for more fuel-efficient vehicles.

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Green Car Reports

AUGUST 20, 2009

As we enter the news day on Thursday, it appears that the "Cash For Clunkers" program could well be out of cash. The National Association of Auto Dealers (NADA) asked the US government to suspend the program as of midnight last night, and warned dealers they are at risk of not getting reimbursed if they make any further clunker deals

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Green Car Reports

NOVEMBER 8, 2020

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.

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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. While carbon credits are projected to sell in the US for about $28 per ton (current price in Europe is about $20), Knittel found that the best-case estimates of the cost of the clunkers rebate is $237 per ton.

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Green Car Congress

SEPTEMBER 12, 2009

A study by Michael Sivak and Brandon Schoettle at the University of Michigan’s Transportation Research Institute (UMTRI) concluded that the recently concluded Cash for Clunkers program improved the average fuel economy of all vehicles purchased by 0.6 The Car Allowance Rebate System (CARS)—“Cash for Clunkers”—gave buyers a rebate when they traded in a vehicle while purchasing a new one.

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Green Car Congress

AUGUST 8, 2009

3435 , which provides $2 billion FY 2009 emergency supplemental appropriations for the Consumer Assistance to Recycle and Save Program (Cash-for-Clunkers, C4C). million, with the SAAR for the month closing out at 12.5 Monthly SAAR had been below 10 million for the prior six months in 2009. On Friday, President Obama signed into law H.R.

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Green Car Reports

AUGUST 24, 2009

If you have a clunker and you want to trade it in and get a $3,500 or $4,500 rebate for a new vehicle under the Car Allowance Rebate Systems (CARS) program. OK, kids, this is it. STOP WHAT YOU'RE DOING. Do it right now, today, and get to your dealer no later than 4 pm. Today. But call first , to make sure the dealer is still doing

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Green Cars News

FEBRUARY 8, 2011

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 [.].

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Green Car Congress

OCTOBER 5, 2009

In the aftermath of the summer sales boom fueled by the US Cash for Clunkers program, September 2009 light duty vehicles sales dropped back to pre-incentive lows. New vehicle market share for reported hybrid sales in September dropped back down to 2.7% September 2009 had 25 sales days compared to 24 days for September 2008. year-on-year to 878 units, but the Fusion and Milan hybrids accounted for 1,260 units. Reported hybrid sales by month.

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Green Car Congress

AUGUST 4, 2009

Monthly new vehicle market share for hybrids. 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% As a result, the SAAR for July surged to 11.24 year-on-year to 35,429 units, representing a 3.55% new vehicle sales market share for the month—the highest monthly share yet. The Tacoma mid-size pickup reported sales of 12,552 units for the month, up 7.6%

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Green Cars News

FEBRUARY 2, 2011

Remember when the scrappage scheme and the cash for clunkers campaign were introduced and many argued that replacing older cars with new vehicles would be beneficial for the environment? Green cars Latest news cash for clunkers co2 emissions extending vehicle lifetime vehicle life vehicle scrappage

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Green Cars News

AUGUST 9, 2009

The vastly popular cash for clunkers programme in the USA received a boost last Friday when President Obama signed into law HR 3435, which provides $2billion in emergency supplemental appropriations for the Consumer Assistance to Recycle and Save Programme. The cash for clunkers programme began in July and quickly encouraged a surge in automotive sales with the original $1billion in funding depleting in around one week.

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Green Cars News

OCTOBER 5, 2009

What would happen when the cash for clunkers sales boom came to an end has been a question many automotive executives in the USA dared not think about. per cent, but the new Fusion and Milan hybrid accounted for 1,260 units. Well, now they have their answers. September 2009 light duty vehicle sales dropped back to pre-incentive lows with 745,997 cars and light duty trucks sold during the month according to Autodata. This meant that sales were down 22.7

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Green Cars News

MAY 21, 2009

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. Tags: Green cars Latest news cash for clunkers scrappage scheme

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Green Cars News

MAY 23, 2009

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. For example, car factories can be delocalised with work outsourced while a subway system needs to stay in place. Tags: Green cars Latest news cash for clunkers scrappage scheme Spain vehicle scrappage scheme

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Green Cars News

AUGUST 5, 2009

Yesterday we told you how the cash for clunkers scheme has enjoyed early success in the USA. per cent new vehicles sales market share for the month, the highest monthly share to date. Let’s take a look at the results from each major manufacturer: Chrysler: Total US sales for July stood at 88,900 units, a decrease of nine per cent year on year, although up 30 per cent compared to June.

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Green Car Reports

FEBRUARY 6, 2017

Ontario is eliminating certain price caps in its electric-car incentive program, while a British Columbia not-for-profit is boosting its "cash-for-clunkers"-style program. Two Canadian provinces are now offering more generous incentives to electric-car buyers. Ontario announced its updated incentives February 1, but they apply retroactively to. Canada incentives plug-in cars Ontario British Columbia Incentives and Rebates

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Green Car Reports

APRIL 7, 2016

The Golden State previously launched "cash for clunkers" programs that incentivized the retirement of older, higher-polluting cars. California may soon expand a program aimed at helping lower-income individuals switch to more efficient cars. But last year it also introduced the Enhanced Fleet Modernization Program Plus-Up pilot, which provides. Plug-In Hybrids California incentives Used Cars plug-in cars gross polluters

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Green Car Reports

SEPTEMBER 20, 2013

Remember "Cash for Clunkers?" Senate Bill 459, now on Governor Jerry Brown''s desk, will update the state''s Enhanced Fleet Modernization Program, which pays cash to drivers who retire older, higher-emission vehicles and replace them with cleaner new California has its own program to retire older, dirtier vehicles and replace them with new ones.

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Green Car Reports

APRIL 12, 2012

While it's not quite the 2009 Cash for Clunkers program, it's a nice gesture with a clear mission: get the most polluting cars off Colorado roads. If you're a Coloradan who owns a pre-1990 car, donate it to the Clear the Air Foundation and the ReForest Colorado program will plant a tree in an area affected by natural disasters or in another

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Green Car Reports

MARCH 12, 2010

A new study concludes that last summer's government-funded "Cash For Clunkers" program didn't hurt car sales rates in future months, and in fact did just what it set out to do: get old, low-mileage cars off the road and stimulate auto sales in the U.S.

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Green Car Congress

NOVEMBER 6, 2020

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. In some parts of Europe, for example, the government is only providing incentives for electrified vehicles. By 2026, IHS Markit forecasts the global market for automotive semiconductors to reach $67.6

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Green Car Congress

AUGUST 3, 2009

percent increase over July 2008; its diesels (Jetta, Jetta SportWagen, and Touareg TDI) accounted for 6,320 units—slightly more than 30% of total sales. The Jetta SportWagen for the third consecutive month posted its best sales month ever with sales of 2,415 units; clean diesel TDIs represented 81% of SportWagen sales, and 40% of Jetta sedan sales, which totalled 9,663 units. Volkswagen said that the government Cash-for-Clunkers program accounted for more than 3,300 sales.

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All Cars Electric

OCTOBER 6, 2009

The Cash For Clunkers program was highly successful at boosting sales of many different types of vehicles including hybrids. During the program, hybrid sales soared for both the month of July and August, but now without a Clunkers program around, sales have fallen off dramatically. Sales of hybrid cars, trucks , and SUVs have

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Green Car Reports

SEPTEMBER 29, 2009

Thanks to the strong financial incentives offered by the Cash-For-Clunkers program , the average gas mileage of new vehicles sold in the U.S. during August reached a record high: 23 miles per gallon, up 8 percent from the 21.2 mpg in August 2008. The calculations were done by the trade journal Ward's Automotive News , which compiles its

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All Cars Electric

SEPTEMBER 3, 2009

When the Cash for Clunkers (CARS) program here in the U.S. If I had owned my own clunker — a well-loved 1989 ended, I wondered how many of the buyers who took advantage of the rebate chose to purchase a hybrid. Buying a hybrid made the most sense, in my view, especially with the slight surge in gas prices just before the program launched.

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