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September Auto Sales Plunge in Aftermath of Cash for Clunkers; SAAR at 9.2M units, LDV Sales Down 41% from August, Hybrid Sales Down 48%

Green Car Congress

Reported hybrid sales by month. 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. Reported sales of hybrids in September dropped 4.1% Hybrid new vehicle market share by month. American Honda Motor Co.,

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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

Monthly new vehicle market share for hybrids. 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% Hybrids had an especially good month, with reported sales jumping 31.8% to 19,173 units) and Ford hybrids (up 323% to 5,353 units).

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IHS Markit: better-than-expected growth in global automotive semiconductor revenue in 2020; bolstered by uptake in EVs

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Two factors are driving the recovery, notably low automotive inventory that will result in new car growth next year, combined with stimulus packages designed to benefit the ailing car sector while favoring the switch to electric and hybrid cars, which are typically more expensive than equivalent internal combustion-driven models.

2020 170
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US hybrid sales slump in September

Green Cars News

What would happen when the cash for clunkers sales boom came to an end has been a question many automotive executives in the USA dared not think about. Hybrid sales were not immune from the troubles either. Compared to August results, this meant that hybrid sales were down 48.4 Sales of the Civic hybrid plummeted by 92.5

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Study finds that replacement programs that reduce vehicle lifetime can result in increased lifecycle CO2 emissions

Green Car Congress

Empirical results also revealed that even if the fuel economy of less fuel-efficient ordinary passenger vehicles were improved to levels comparable with those of the best available technology, i.e. hybrid passenger cars currently being produced in Japan, total CO 2 emissions would decrease by only 0.2%.

Emissions 218
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Hybrid sales leap in the US

Green Cars News

The cash for clunkers campaign has given a massive boost to hybrid sales in the US, with a reported leap by 48.6 Overall sales of light duty vehicles in the US increased by one per cent to 1,261,997 units according to figures from Autodata, with reported hybrid sales representing 3.07 per cent in August year on year.

Hybrid 46
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A closer look at US auto sales in July

Green Cars News

Yesterday we told you how the cash for clunkers scheme has enjoyed early success in the USA. per cent to 566,527 with hybrids having a particularly good month. The company had an exceptionally strong month with hybrid sales which leapt by 323 per cent year on year to 5,353 units. Sales of the Civic Hybrid plunged by 71.8