Remove Cash For Clunkers Remove Future Remove Sale Remove Stimulus
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Brookings analysts recommend against repeating cash for clunkers program in future recession

Green Car Congress

billion program provided a short-term boost in vehicle sales; however, some of these sales were pulled forward (or borrowed) from sales that would have occurred in the future in the absence of the program. In the event of a future economic recession, we would not recommend repeating the CARS program. million, or 0.7

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Study Concludes Cash for Clunkers Program Is an Expensive Way to Reduce Carbon; Paying Nearly 10x the Projected Price of Carbon Credits

Green Car Congress

The federal government’s Cash for Clunkers aims to stimulate the economy, provide relief for automobile manufacturers and reduce greenhouse gas emissions. do not discuss the merits of the program in terms of stimulus. a consultancy, noting that fading interest suggests current car sales are borrowed from the future.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

Amidst the COVID-19 pandemic, several conflicting reports about the future of EVs have emerged: some predict EVs to grow by 38% year-over-year, while others forecast a 43% drop. This growth is no small feat considering overall car sales have been falling in the past two years. Why some analysts expect EV sales to drop.

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