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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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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. New light trucks or SUVs with mileage of at least 18 mpg are eligible for vouchers. There will be a finite number of these vouchers, based on this vehicle class’s market share.

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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

Other highlights of the report include: Many new technologies are rapidly gaining market share. The use of gasoline direct injection systems has grown from essentially zero in MY 2007 to a projected 24% of the market in MY 2012. Both conventional hybrids and diesel vehicles have increased market share slightly since MY 2007.

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

Green Car Congress

Gasoline cars account for 85% of cars bought through the scrappage scheme, a higher proportion than in the overall market (39.9%) between May and September. New cars bought through the scheme had average CO 2 emissions of 131.1 g/km CO 2 , 27.4% below the average CO 2 (181.9 g/km CO 2 ) of the scrapped cars.

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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

Other highlights of the latest Trends report include: Light truck market share decreased in MY 2012, but continues to be variable. Light trucks (pickups, minivans/vans, and truck SUVs), accounted for 36% of all light-duty vehicle production in MY 2012, the second lowest level since 1993. Market share of gasoline turbo vehicles.