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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

For $100 million in one year, we’ll demonstrate how to rapidly reduce use of oil in transportation with safe, warrantied retrofits of tens of millions gas-guzzlers. We now have a sprinkling of promising companies working to get funded to convert gas-guzzlers. In the key area of transportation, we submit our Drive Star proposal.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Moreover, with the massive drop in oil prices , gas-powered vehicles are more economical to operate, which makes it harder to argue that EVs will help drivers save money on fuel. In Italy, data from the Italian Foreign Car Maker Association highlights that car registration for gas and diesel-powered vehicles fell by 97.5%

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