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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% Passenger car sales dropped 10.6% to 554, 527 units, while light truck sales dropped 14.1% Hybrids had an especially good month, with reported sales jumping 31.8% Click to enlarge.

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US DOE progress report says 1M plug-ins by 2015 ambitious but achievable; not likely to be constrained by production capacity

Green Car Congress

This report provides a progress update toward achieving the goal: The status of vehicle sales and future production volume estimates. Conventional hybrid electric vehicles (HEVs) have been on sale in the US for more than ten years; new vehicle hybrid sales in 2010 were approximately 2.5%. Ford Transit Connect EV.

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Pike report ranks Chevrolet as current leader in the plug-in vehicle market

Green Car Congress

Pike Research forecasts that despite robust growth in the PEV market, sales will fall short of expectations set by original equipment manufacturers (OEMs) and politicians in 2010 and 2011. Pike expects the US to remain the largest single market through the forecast period, with annual sales reaching 400,073 vehicles by 2020.

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