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Cash for clunkers repeat? Report says: NO

Green Cars News

At the height of the recession in 2008-2009, the Car Allowance Rebate System (CARS), also known as the "cash for clunkers" program (a similar concept was launched in the UK known as the scrappage scheme) was introduced in the USA to drive new sales and reduce carbon dioxide emissions. However, a new[.]. Latest News Green cars'

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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% Toyota Motor Sales, USA (TMS) reported July sales of 174,872, down 11.4% Monthly new vehicle market share for hybrids. Click to enlarge. Passenger car sales dropped 10.6% to 443, 297 units.

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Has the scrappage scheme been exposed? The Green Piece

Green Cars News

It’s been nearly a year since the scrappage scheme (known as ‘cash for clunkers’ in the USA) ended its run in the UK. Tuesday 8 February 2011. The Green Piece Column. At the time we were told that it had been a resounding success (see article) by not only boosting the automotive industry but also [.].

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Clunkers programme receives funding boost

Green Cars News

The vastly popular cash for clunkers programme in the USA received a boost last Friday when President Obama signed into law HR 3435, which provides $2billion in emergency supplemental appropriations for the Consumer Assistance to Recycle and Save Programme.

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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 compared to the previous year at 19,977 units (though they do not include sales of the Mercedes S400 Hybrid which went on sale in the USA at the end of August).

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Proposed scrappage scheme meets criticism

Green Cars News

However, in the USA critics are taking shots at the proposals before they are even implemented. An article in the New York Times criticised the so-called “cash for clunkers&# legislation that would give people vouchers worth as much as $4,500 to replace old cars with new ones. Leave a comment with your thoughts.

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More international criticism for scrappage schemes

Green Cars News

Yesterday we told you how the scrappage scheme proposals in the USA are coming under fire and today it is the turn of Spain’s scheme to face criticism. Tags: Green cars Latest news cash for clunkers scrappage scheme Spain vehicle scrappage scheme.