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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% Light truck sales were led by the RAV4 compact SUV with best-ever July sales of 15,912 units, up 32.5% Monthly new vehicle market share for hybrids. Click to enlarge. to 443, 297 units.

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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

mpg higher (+5.4%) than MY 2011. mpg fuel economy improvement from MY 2011 to MY 2012 is the second largest annual improvement in the last 30 years. mpg, or 22%. Light trucks (pickups, minivans/vans, and truck SUVs), accounted for 36% of all light-duty vehicle production in MY 2012, the second lowest level since 1993.