Green Car Congress

MARCH 25, 2019

The Car Allowance Rebate System, which cost the government $3 billion and was dubbed “Cash for Clunkers,” was so popular that it ran for only a few weeks in the summer before running out of money. The data included more than 320,000 real vehicle transactions completed under Cash for Clunkers. —Michael Wiles.

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Cash For Clunkers Cars Purchase Dealers 223

Green Car Congress

OCTOBER 5, 2009

In the aftermath of the summer sales boom fueled by the US Cash for Clunkers program, September 2009 light duty vehicles sales dropped back to pre-incentive lows. to 152 units, but the new Honda Insight posted 1,746 units. Reported hybrid sales by month. Click to enlarge. year-on-year, and off 41% from August. General Motors.

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Cash For Clunkers Sale LS 600H Hybrid 225

Green Car Congress

AUGUST 4, 2009

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% The new Honda Insight hybrid posted 2,295 units. Monthly new vehicle market share for hybrids. Click to enlarge.

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Cash For Clunkers Sale Hybrid Dodge 150

Green Car Congress

APRIL 30, 2009

Paul Taylor, Chief Economist for the National Automotive Dealers Association, had the following observations: At $4/gallon gas people looked at more economical versions of the same vehicle rather than going down in vehicle size—they continue to buy cars that meet their needs. Cash for Clunkers.

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Congress 2009 Cash For Clunkers Li-ion 150