Cash For Clunkers, Parts, Sale and Stimulus

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Cash For Clunkers

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Brookings analysts recommend against repeating cash for clunkers program in future recession

Green Car Congress

NOVEMBER 3, 2013

After the “clunker” was traded in, its engine was destroyed. 677,842 clunkers were traded in between 1 July 2009 and 24 August 2009 as part of the program, which issued $2.85 billion in vouchers; NHTSA concluded that the new vehicles purchased under the program averaged 24.9 miles per gallon (9.4 l/100 km), compared to the 15.8

Cash For Clunkers

Cash For Clunkers Future Stimulus 2009

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

Green Car Congress

NOVEMBER 6, 2020

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

2020 Cash For Clunkers Stimulus Package Global

EV Driven

Brookings analysts recommend against repeating cash for clunkers program in future recession

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

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