article thumbnail

Cash for Clunkers By the Numbers

Green Car Congress

Cash for Clunkers sales by manufacturer. The US Cash for Clunkers program (CARS) ended Tuesday night with 690,114 dealer transaction submitted worth $2,877.9 Toyota reaped the largest percentage of sales under the CARS program (19.4%), followed by GM (17.6%) and Ford (14.4%). Click to enlarge.

article thumbnail

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. Knittel did not analyze the program’s other key objectives: stimulating the economy and providing relief for automobile manufacturers. However, the. pollutants.I

article thumbnail

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% Passenger car sales dropped 10.6% to 554, 527 units, while light truck sales dropped 14.1% Hybrids had an especially good month, with reported sales jumping 31.8%

article thumbnail

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. September 2009 light duty vehicle sales dropped back to pre-incentive lows with 745,997 cars and light duty trucks sold during the month according to Autodata.

article thumbnail

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. Today we take a closer look at how each manufacturer has faired as US auto sales slowed their decline throughout the month of July. In all, passenger car sales dropped 10.6 Reported sales jumped 31.8

article thumbnail

VW diesels enjoy US sales success

Green Cars News

Some manufacturers have focused on hybrids, others on electrics - but it is the clean diesels of Volkswagen that are reaping the rewards in the USA. Volkswagen of America posted July 2009 sales of 20,590 units - that’s a 0.7 It accounted for more than 3,300 sales.

article thumbnail

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

Manufacturer-specific technology adoption over time for key technologies. Nearly every manufacturer increased fuel economy in MY 2012, resulting in lower CO 2 emission rates. Ten of the eleven major manufacturers increased fuel economy from MY 2011 to MY 2012, the last two years for which EPA has definitive data. (VW