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

Green Car Congress

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 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.

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

Green Car Congress

In a recent collaborative study led by the University of Maryland (UMD), researchers found that consumers tend to buy something less fuel efficient than they normally would for their second car after buying an eco-friendly vehicle. The data revealed multiple trends that correlate with a decrease in overall fuel economy and efficiency.

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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. New vehicle market share for reported hybrid sales in September dropped back down to 2.7% Hybrid new vehicle market share by month. Click to enlarge.

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

Green Car Congress

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% year-on-year to 35,429 units, representing a 3.55% new vehicle sales market share for the month—the highest monthly share yet.

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EPA annual report on CO2, fuel economy and technology trends finds 2012 heading for all-time best; rapid adoption of new technologies

Green Car Congress

Adjusted CO 2 emissions and adjusted fuel economy, MY 1975-2011. The report finds that CO 2 emissions rates and fuel economy values reflect a very favorable multi-year trend beginning in MY 2005. The fleet-wide average real world MY 2011 personal vehicle CO 2 emissions value is 398 g/mi and average fuel economy is 22.4

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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 Clunkers” scrappage 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.

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EPA trends report sees record levels of average new vehicle fuel economy and CO2 emissions for MY 2012; role of new gasoline vehicle technologies

Green Car Congress

The majority of the emissions and fuel savings from current vehicles, EPA noted, is due to new gasoline vehicle technologies. MY 2012 adjusted fuel economy is 23.6 mpg fuel economy improvement from MY 2011 to MY 2012 is the second largest annual improvement in the last 30 years. Click to enlarge. l/100 km), which is 1.2