Cash for clunkers: a summary

Green Cars News

The US Cash for Clunkers scheme ran out of cash on Tuesday with 690,114 dealer transactions submitted. per cent; followed by General Motors (GM) at 17.6 The state that requested the largest share of the cash for clunkers cash was California with 11.3 Tags: Green cars Latest news cash for clunkers cash for clunkers scheme Toyota Corolla

Cash for clunkers enjoys early success

Green Cars News

So after the UK’s vehicle scrappage scheme was hailed a success, what of the so-called “cash for clunkers&# programme in the US? Meanwhile Ford’s US rivals General Motors and Chrysler also showed signs of modest improvement as their rate of decline slowed. General Motors’ July sales dropped 19 per cent year on year while Chrysler’s fell by 9.4

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US cash for clunkers scheme ends

Green Cars News

The US car scrappage scheme know as the ‘cash for clunkers’ plan will end next week after the funds ran out. Transportation Secretary Ray LaHood announced on Thursday that after a successful run, the cash for clunkers program will come to a close on Monday, August 24th at 8 p.m. The scheme gave owners of old cars and lorries up to $4,500 towards a new, more fuel efficient vehicle in exchange for their old model.

Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

The Car Allowance Rebate System (CARS for short, or ‘cash for clunkers’ as it is more commonly known) was the US’s answer to the scrappage schemes in Germany and the UK which appeared to have revitalised their respective automotive sectors. With General Motors and Chrysler also showing signs of modest improvement, all looked rosy. Though the scheme proved so popular that the initial $1billion set aside for it ran out last month, auto sales only rose by 2.4

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

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. New vehicle market share for reported hybrid sales in September dropped back down to 2.7% September 2009 had 25 sales days compared to 24 days for September 2008. Toyota Motor Sales (TMS) reported September sales of 126,015 vehicles, a decrease of 12.6% American Honda Motor Co.,

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% As a result, the SAAR for July surged to 11.24 year-on-year to 35,429 units, representing a 3.55% new vehicle sales market share for the month—the highest monthly share yet. General Motors. Toyota Motor Sales, USA (TMS) reported July sales of 174,872, down 11.4%

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. per cent, but the new Fusion and Milan hybrid accounted for 1,260 units. General Motors: With 155,679 light vehicles sold, the company suffered a 45 per cent drop compared to the prior year.

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

Green Car Congress

Global automotive semiconductor revenue for 2020 will exceed initial expectations, primarily due to an increase in the average semiconductor value per car sold this year, according to a new forecast by IHS Markit. In some parts of Europe, for example, the government is only providing incentives for electrified vehicles. By 2026, IHS Markit forecasts the global market for automotive semiconductors to reach $67.6

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UMD collaborative study finds that fuel efficiency of one car in household may be cancelled out by next car purchase

Green Car Congress

In a recent collaborative study led by the University of Maryland (UMD), researchers found that consumers tend to buy something less fuel efficient than they normally would for their second car after buying an eco-friendly vehicle. While this sounds like an all-too-logical conclusion, the study reports a 57% reduction in the benefits of driving the fuel efficient car for carbon emissions purely based on the purchase of the second vehicle.

GM Launches Trial of Sales on eBay

Green Car Congress

Starting tomorrow and running through 8 September, GM is running a test program for online car sales on eBay in California at gm.ebay.com. Vehicles will be offered through eBay Motors’ traditional formats such as “Buy It Now” (where shoppers agree to pay the advertised price) and eBay’s “Best Offer&rduqo; option (where buyers indicate the price they are willing to pay and can negotiate online with the dealer for the vehicle).

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

Green Car Congress

Vehicle replacement schemes such as the “cash for clunkers” program in the US and the “scrappage scheme” in the UK have featured prominently in the economic stimulation packages initiated by many governments to cope with the global economic crisis—at least 13 countries have deployed such schemes. Extending vehicle life reduces the number of new vehicles sold, with an associated decrease in energy consumed for vehicle production.

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Can Electric Vehicles Speed Up As The Economy Slows Down?

Wallbox

For the past few years, EVs became an increasingly popular choice amongst drivers. As a McKinsey report points out, early adopters sparked 60% growth year-on-year for the past decade.

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 General Motors: GM sold a total of 1,708 hybrids during the month – an increase of 4.8 Tags: Ford Green cars Honda Hybrid cars Latest news Lexus Nissan Toyota general motors per cent in August year on year.

Cash for Volts?

Revenge of the Electric Car

A coalition of car makers, battery suppliers and electricity providers has come together to ask for federal help for EVs. by Judith Burns for Dow Jones. to offer tax credits for buying all-electric plug-in vehicles as part of a $128 billion program to get seven million such cars on the road by 2018. WASHINGTON -(Dow Jones)- Move over, cash for clunkers. Nissan is bullish on plug-ins, which Ghosn predicts will account for 10% of cars sold by 2020.

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Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

Calling the recent weeks “ one of the most emotionally difficult times for me as I’ve seen people with far more clout than I fail to make headway in changing the lackluster, dispiriting and immensely frustrating responses to the Gulf catastrophe ,” CalCars founder Felix Kramer has written a pre-response to President Obama’s scheduled Tuesday night speech to the US about the catastrophe in the Gulf of Mexico.]. Realists” say that’s impossible for decades.

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27 November 2009 - In First "Plug-in Arizona" Outing to Nogales, AZ, " the "Spirit" Made the News with Nogales International

Spirit of DC - PHEV3A

With a 110-volt inverter and solar panels on the roof and hood, the car can get a boost for its battery from the sun or any electrical source.Asher drove to Nogales High School on Tuesday, plugged in the battery outside the automotive shop and gave Ruben Verdugo’s students a look at the future.“This Electric motors are more reliable than internal combustion engines,” Verdugo told his students.

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Labour's £5,000 sweetener to launch electric car revolution | Environment | The Guardian

Tony Karrer Delicious EVdriven

It will be launched today by Geoff Hoon, the transport secretary, and Lord Mandelson, the business secretary, with the aim of kickstarting the market for cleaner road vehicles and slashing the UKs CO2 emisisons. Of that, 58% of the emissions are caused by motor cars." The cash incentive for consumers would be available to offset the higher upfront costs of electric cars , in particular the price of the batteries in modern vehicles.

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