Scrapping premium “cash for clunkers” in the U.S. was successful: during the nearly two months as the campaign went on, 690,114 cars were scrapped when the owners signed up for a new, more fuel-efficient model.
U.S. government initially allocated one billion U.S. dollars to the scrapping premium, but then raised the amount to three billion. When the validity expired on Tuesday evening, had 2.88 billion dollars spent in the purchase agreement covering more than 690,000 new cars. The buyers got a bonus from the state between 3500 and $ 4500 per new car is shown that the car we took earlier had been scrapped.
U.S. Department of Transportation now says that the brief but intense campaign was just the result we were hoping for: it stimulated the economy and led to hundreds of thousands of extremely thirsty and anti-environmental car disappeared from the roads.
The winners of the sales side, however, was not primarily the domestic car manufacturers, but the largest Japanese and Korean brands. “The Big Three” (GM, Ford, Chrysler) accounted for under the Department for 38.6 percent of new vehicles in the premium system. Maximum lift is noted Toyota sales, which reached over 16 percent market share in July, and Hyundai, which ended up 4.3 percent.
Most cars in the scrapping premium program sold the Toyota, which took 19.4 percent. Second was the GM, with 17.6 percent, Ford third with 14.4 and fourth place was Honda with 13 percent of the “Clunk-sale”.
However, it is not the figures, the proportion of foreign brands which were actually manufactured in the United States. Transport Ministry has previously estimated that the figure is around 50 percent of the sold Japanese and Korean cars.
The best selling models, including the scrapping subsidies were Toyota Corolla, Honda Civic, Toyota Camry, Ford Focus, Hyundai Elantra and Nissan Versa. This means that a huge percentage of the new cars that replaced the old, it was like in the U.S. called “cars”, ie ordinary cars – unlike suvar and light trucks.
The models that were scrapped under the contract premium was mainly four-wheel drive Ford Explorer, pick-up Ford F-150, Jeep Grand Cherokee, Dodge Caravan, Chevrolet Blazer, and some additional large, heavy, four-wheel drive models. Approximately 84 percent of the traded-in cars was “trucks”, that is suvar and pickups, with 59 percent of nyköpen was “cars”, ie passenger cars (including the usual dual-purpose vehicles).
The marked typskillnaden between the old and new cars means that the government sponsored buyers can significantly lower fuel costs. Transport Ministry has also provided figures on this: the new cars pulling in an average of 9.1 litres/100 km, compared with 14.9 liters per 100 km which was the average of the utskrotade models.
Obama-government argues that scrapping the campaign significantly raised the country’s economy when car sales had the largest increase ever from one month to the next. And the administration points out that the boom in the automotive sector will be maintained in the fourth quarter, as the car factories continue to produce in order to compensate dealers sold-out warehouse. This means that 42,000 (partly) new jobs in car factories on American soil during the second half, the Department notes in its report.
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