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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% American Honda Motor Co., Nevertheless, July was Honda’s highest volume month so far this year. Total sales of the fuel-efficient Honda Civic increased 3.1% Click to enlarge.

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EPA trends report sees record levels of average new vehicle fuel economy and CO2 emissions for MY 2012; role of new gasoline vehicle technologies

Green Car Congress

Compared to the engine and transmission technologies discussed above, there has been far less growth in the production shares of hybrid and diesel powertrains and cylinder deactivation (CD). In addition, the number of diesel offerings has doubled, and there are growing numbers of electric vehicles and plug-in hybrid electric vehicles as well.