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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

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% The first new 2010 Ford Taurus sedans were delivered at the end of July, as well as the first Transit Connects. Toyota Motor Sales, USA (TMS) reported July sales of 174,872, down 11.4%

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

And the first plug-in cars mass-produced in the USA in a century will go on sale this fall. We’ll add targeted incentives to jump-start this successor to the $4,500 “Cash for Clunkers” program. We’ll recruit mentors to validate your business plans, identify suppliers, and connect partners.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Germany’s auto industry and senior officials have called for another “cash for clunkers” program , an initiative that would boost the demand for more sustainable vehicles by offering monetary incentives for people that scrap their fuel-inefficient cars. According to CleanTechnica , China will spend up to $1.5 of the U.S.

Economy 52