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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. Monthly new vehicle market share for hybrids. Click to enlarge. year-on-year.

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

Green Car Congress

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. So these retrofits will cost less to drive right away, benefitting public, military, and private fleets, and individual drivers.

Oil 252
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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. The future of EVs looks bright, despite COVID-19.

Economy 52