Green Car Congress
NOVEMBER 3, 2013
In terms of distributional effects, compared to households that purchased a new or used vehicle in 2009 without a voucher, CARS program participants had a higher before-tax income, were older, more likely to be white, more likely to own a home, and more likely to have a high-school and a college degree. miles per gallon (9.4
Green Car Congress
SEPTEMBER 12, 2009
Average fuel economy of purchased new light-duty vehicles by month, including projection without the program. mpg in July 2009 and 0.7 mpg in August 2009. mpg in July 2009 and 0.7 mpg in August 2009. Generally, the trade-in vehicles must have had fuel economy of 18 mpg or less and be less than 25 years old.
Green Car Congress
AUGUST 27, 2009
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 Eighty-four percent of consumers traded in trucks and 59% purchased passenger cars. mpg and the average fuel economy of vehicles purchased is 24.9
Green Car Congress
SEPTEMBER 2, 2009
Burton Abrams and George Parsons of the University of Delaware evaluated the efficiency of the recently concluded Cash for Clunkers (CARS) program and concluded that the cost exceeds the benefit by approximately $2,000 per vehicle, or close to $1.4 billion in total. Their paper appears in the online journal The Economists’ Voice.
Green Car Congress
AUGUST 4, 2009
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% Monthly new vehicle market share for hybrids. Click to enlarge. to 997,824 units, according to summary figures from AutoData. Passenger car sales dropped 10.6% to 443, 297 units. Click to enlarge.
Green Cars News
AUGUST 18, 2009
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. When the cash for clunkers scheme was introduced, we at TheGreenCarWebsite.co.uk
Green Car Congress
MAY 6, 2009
Dingell, Congresswoman Betty Sutton, Congressman Jay Inslee, and Congressman Bart Stupak reached an agreement on a “Cash for Clunkers” scrappage program. The program will be authorized for up to one year and provide for approximately one million new car or truck purchases. Waxman, Subcommittee Chairman Edward J.
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