article thumbnail

Cash for Clunkers By the Numbers

Green Car Congress

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 Click to enlarge. Eighty-four percent of consumers traded in trucks and 59% purchased passenger cars. mpg: a 58% improvement.

article thumbnail

ASU research finds that Cash for Clunkers rebates were too high to prompt car upgrades

Green Car Congress

The Car Allowance Rebate System, which cost the government $3 billion and was dubbed “Cash for Clunkers,” was so popular that it ran for only a few weeks in the summer before running out of money. The data included more than 320,000 real vehicle transactions completed under Cash for Clunkers. —Michael Wiles.

article thumbnail

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. General Motors dealers in the United States delivered 155,679 light duty vehicles in September, down 45% year-on-year. Reported hybrid sales by month. General Motors.

article thumbnail

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% GM dealers delivered 189,443 total vehicles in July, a 19.4% Monthly new vehicle market share for hybrids. Click to enlarge. to 997,824 units, according to summary figures from AutoData.

article thumbnail

BREAKING: Cash-For-Clunkers May Be Over, Out Of Money, Kaput

Green Car Reports

As we enter the news day on Thursday, it appears that the "Cash For Clunkers" program could well be out of cash.

article thumbnail

Want a Cash-For-Clunkers Rebate? Do It RIGHT NOW. Today!

Green Car Reports

If you have a clunker and you want to trade it in and get a $3,500 or $4,500 rebate for a new vehicle under the Car Allowance Rebate Systems (CARS) program. Do it right now, today, and get to your dealer no later than 4 pm. But call first , to make sure the dealer is still doing. STOP WHAT YOU'RE DOING.

article thumbnail

GM Launches Trial of Sales on eBay

Green Car Congress

Consumers will be able to browse California dealer online showrooms, ask questions, negotiate prices, and arrange financing and payment to purchase a new 2008, 2009 or select 2010 car, crossover or truck online.