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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. Latest News Green cars'

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Has the scrappage scheme been exposed? The Green Piece

Green Cars News

The Green Piece Column. 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. 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. September 2009 light duty vehicle sales dropped back to pre-incentive lows with 745,997 cars and light duty trucks sold during the month according to Autodata.

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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. The Ecologistas en Accion , one of the country’s most important green groups, is claiming that the scrappage scheme is bad business.

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VW diesels enjoy US sales success

Green Cars News

Some manufacturers have focused on hybrids, others on electrics - but it is the clean diesels of Volkswagen that are reaping the rewards in the USA. However, at the heart of this success was its diesel cars - the Jetta, Jetta SportWagon and Touareg TDI - which accounted for 6,320 of the units sold - just over 30 per cent of the total sales.