Remove Cash For Clunkers Remove Cleaner Remove Stimulus Remove Tax
article thumbnail

Biden plan would broaden EV tax credit, include Cash for Clunkers reboot

Green Car Reports

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.

article thumbnail

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

Green Car Congress

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. —Michael Wiles.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Would a Cash for Clunkers program speed up electric vehicle adoption?

Electrek

A Cash for Clunkers program would see EV buyers retire their gas cars for a cash incentive rather than a trade-in. The post Would a Cash for Clunkers program speed up electric vehicle adoption? Would it be more effective?

article thumbnail

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.

article thumbnail

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? 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. Does it make sense for Volkswagen to create a new brand for its affordable electric vehicles?

article thumbnail

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

Green Car Congress

Paper: Cash for Clunkers: An Evaluation of the Car Allowance Rebate System Policy brief: The Car Allowance Rebate System: Evaluation and Lessons for the Future. —Gayer and Parker brief. Emissions Fuel Efficiency Policy'

article thumbnail

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 Click to enlarge. 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

article thumbnail

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. His analysis, titled “The Implied Cost of Carbon Dioxide Under the Cash for Clunkers Program,” was published online 13 August by the University of California Energy Institute.

article thumbnail

Univ. of Delaware Researchers Conclude Cash for Clunkers Cost Exceeded Benefit

Green Car Congress

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 billion in total. Their paper appears in the online journal The Economists’ Voice.

article thumbnail

Study Finds Cash for Clunkers Program Boosted Average Fuel Economy of All Vehicles Purchased by 0.6 mpg in July and 0.7 mpg in August

Green Car Congress

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 mpg in July 2009 and 0.7 mpg in August 2009. mpg in July 2009 and 0.7

article thumbnail

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

Green Car Congress

Cash for Clunkers”) program could maximize greenhouse gas emissions savings by using fuel-economy based eligibility requirements rather than age-based requirements. Alexander Allan, Rachel Carpenter and Geoff Morrison (2009) Abating Greenhouse Gas Emissions through Cash-for-Clunker Programs ( UCD-ITS-RR-09-26 ).

article thumbnail

New Zealand Is Becoming The Norway Of The Pacific

CleanTechnica EVs

Government rebates, cash for clunkers programs, and congestion fees? New Zealand is doing a lot of things right!

article thumbnail

Romania doubles electric-car subsidies, adds 'cash for clunkers' program

Green Car Reports

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

article thumbnail

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. However, a new[.]. Latest News Green cars'

article thumbnail

$2B Cash for Clunkers Supplement Signed Into Law; Funding Taken from Renewable Energy Loan Guarantee Program

Green Car Congress

3435 , which provides $2 billion FY 2009 emergency supplemental appropriations for the Consumer Assistance to Recycle and Save Program (Cash-for-Clunkers, C4C). On Friday, President Obama signed into law H.R. Edmunds.com calculated the Seasonally Adjusted Annualized Rate (SAAR) of auto sales in the last week of July surged to 19.6

article thumbnail

Camry Hybrid vs. Sonata Hybrid, mobile charging, Cash for Clunkers redux: The Week in Reverse

Green Car Reports

Sales of which electric car plunged the steepest leading into the U.S. pandemic slowdown? Which automaker reaffirmed its commitment to hydrogen fuel cells? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending May 8, 2020. Our biggest combination of stories this week related to the most.

article thumbnail

September Auto Sales Plunge in Aftermath of Cash for Clunkers; SAAR at 9.2M units, LDV Sales Down 41% from August, Hybrid Sales Down 48%

Green Car Congress

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. Reported hybrid sales by month. Click to enlarge. With 745,997 cars and light duty trucks sold in September, according to Autodata, sales were down 22.7%

article thumbnail

BREAKING: Cash-For-Clunkers May Be Over, Out Of Money, Kaput

Green Car Reports

As we enter the news day on Thursday, it appears that the "Cash For Clunkers" program could well be out of cash.

article thumbnail

Another major EU country to offer $3,000 e-bike credit to trade in your old gas car

Electrek

Cash-for-clunker style programs that offer an incentive to swap an old gas-powered car for a new electric bicycle are gaining steam across Europe. more… The post Another major EU country to offer $3,000 e-bike credit to trade in your old gas car appeared first on Electrek.

article thumbnail

Hybrid Sales Plummet After Cash-For-Clunkers Credits Quit

Green Car Reports

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.

article thumbnail

Cash for clunkers: a summary

Green Cars News

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 So did it achieve its objectives? Let’s look at the evidence. per cent; and New York at 5.4

article thumbnail

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

Green Car Congress

This differs from the “cash for clunkers” type of initiative employed in certain regions following the 2009 financial crisis designed to get older vehicles off the road. One of the impacts of COVID-19 is that it has led to an increase of the average semiconductor value per car sold.

article thumbnail

Cash for clunkers programme explained

Green Cars News

The programme, which has been dubbed ‘cash for clunkers’, was signed into law on June 24 with issuance expected to occur on July 23. Tags: Cars Green cars Latest news Car Allowance Rebate System cash for clunkers vehicle scrappage scheme. So how will the US scheme work?

article thumbnail

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.

article thumbnail

Cash for Clunkers Buoys US Auto Sales; Hybrid Sales Up 31.8% for Monthly New Vehicle Share of 3.55%

Green Car Congress

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% Monthly new vehicle market share for hybrids. Click to enlarge. to 997,824 units, according to summary figures from AutoData. Passenger car sales dropped 10.6% to 443, 297 units.

article thumbnail

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? 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.

article thumbnail

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

article thumbnail

UMD collaborative study finds that fuel efficiency of one car in household may be cancelled out by next car purchase

Green Car Congress

What we really wanted to do is see how households are making decisions when they purchase and own more than one vehicle.

Cars 213
article thumbnail

Ontario, BC update electric-car incentives for Canadian buyers

Green Car Reports

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.

article thumbnail

California car incentives may expand to more low-income buyers

Green Car Reports

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.

article thumbnail

30+% of Volkswagen July US Sales Were Diesel

Green Car Congress

Volkswagen said that the government Cash-for-Clunkers program accounted for more than 3,300 sales. Volkswagen of America is extremely pleased by how well our clean diesel TDIs continued to sell throughout July, and by our highly successful first month of the government sponsored Cash-for-Clunkers Program.

article thumbnail

Want a Cash-For-Clunkers Rebate? Do It RIGHT NOW. Today!

Green Car Reports

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. But call first , to make sure the dealer is still doing.

article thumbnail

California Incentivizes Ditching Dirtiest Cars, Buying Cleanest Ones

Green Car Reports

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.'

article thumbnail

Coloradans: Donate An Old Polluting Car, Get A Tree Planted

Green Car Reports

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.

article thumbnail

US VP Biden outlines 3-part plan to have 1M advanced technology vehicles on US roads by 2015

Green Car Congress

The President is proposing to transform the existing $7,500 tax credit for electric vehicles into a rebate that will be available to all consumers immediately at the point of sale, similar to “Cash for Clunkers”.

article thumbnail

GM Launches Trial of Sales on eBay

Green Car Congress

The site also incorporates features that will allow consumers to compare pricing across models or participating dealerships, get tips and advice with a Buyer Checklist, and determine the value of their trade-in or whether their current vehicle may also qualify for government funded Cash For Clunkers incentives.

GM 150
article thumbnail

Clunkers Program Worked, Didn't Hurt Car Sales, Study Says

Green Car Reports

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.

article thumbnail

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

Green Car Congress

The new vehicle purchased must be a car or small van weighing up to 3,500 kg first registered in the UK on or after mid-May 2009, The switch to greener cars as a result of the UK scrappage scheme echoes the pattern set by the US “cash-for-clunkers” scheme, which saw SUVs and pick-up trucks account for 83% of the most-traded cars.

Scrappage 175
article thumbnail

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. Tuesday 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 [.].

article thumbnail

Extending vehicle life the key to CO2 emission savings

Green Cars News

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? Well now a study published in the ACS journal Environmental Science & Technology is suggesting the opposite.

article thumbnail

Poll: 81% of Americans Oppose Gas Tax Hike To Encourage Sales of More Efficient Cars

Green Car Congress

Americans also give mixed reviews to the “Cash for Clunkers” plan now moving through Congress that would give car owners up to $4,500 toward the purchase of a new, more fuel-efficient car if they turn in their old vehicle. 15% of men support a big tax increase on gasoline to push sales of fuel-efficient cars, compared to 6% of women.

Gas 150
article thumbnail

Survey Finds Most Americans Concerned About Gas Prices But Not Enough to Stop Taking Their Own Car To Work

Green Car Congress

Americans give mixed reviews to Congress’ “Cash for Clunkers” plan to encourage the purchase of new, more fuel-efficient cars. Women who drive to work are nearly twice as likely to have carpooled more in the past year than their male counterparts.

article thumbnail

August U.S. Light-Vehicle Sales Hit Highest MPG Since $4 Gasoline

Green Car Reports

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.

MPG 60