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$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). The loan guarantee program being tapped to provide the cash for the clunkers is critical to bringing next generation biofuels and other renewable energies to the marketplace.

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GM Launches Trial of Sales on eBay

Green Car Congress

With more than 225 GM dealers in California participating, shoppers can at any given time expect to see a selection of up to 20,000 new GM vehicles, according to the company.

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US hybrid sales slump in September

Green Cars News

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. Here is how each manufacturer faired: Ford: The company reported a six per cent drop in sales year-on-year. Well, now they have their answers. This meant that sales were down 22.7

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A closer look at US auto sales in July

Green Cars News

Yesterday we told you how the cash for clunkers scheme has enjoyed early success in the USA. The company had an exceptionally strong month with hybrid sales which leapt by 323 per cent year on year to 5,353 units. per cent compared to July 2008 although it was the company’s highest volume month so far this year.

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Reported Sales of US Hybrids Up 48.6% in August; 3.07% Market Share

Green Car Congress

Buoyed by the extension of the US Cash for Clunkers (CARS) program, as well as the availability of more hybrid models on the market, reported sales of hybrids in the US jumped 48.6% The company posted a 21% increase in retail sales. Market share of reported hybrid sales in the US. Click to enlarge. That represented a 615.8%

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Cash for Volts?

Revenge of the Electric Car

“A coalition of auto makers, battery manufacturers, utility operators and shipping companies wants the U.S. WASHINGTON -(Dow Jones)- Move over, cash for clunkers. A coalition of auto makers, battery manufacturers, utility operators and shipping companies wants the U.S. by Judith Burns for Dow Jones. By Judith Burns.

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Hybrid sales leap in the US

Green Cars News

The cash for clunkers campaign has given a massive boost to hybrid sales in the US, with a reported leap by 48.6 Honda: The company sold a total of 4,943 hybrids during the month with 4,226 of these units being the new Honda Insight. per cent in August year on year. per cent of new vehicle sales.

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