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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% GM dealers delivered 189,443 total vehicles in July, a 19.4% Retail sales were down 9% while fleet sales declined 47%. Monthly new vehicle market share for hybrids. Click to enlarge.

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

Green Car Congress

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