Energy Literacy Advocates Newsroom
Energy Literacy Advocates (ELA) is a non-partisan, non-profit, public education and advocacy group dedicated to improving the energy literacy of all sectors of our democracy in order to empower a comprehensive national energy policy that is responsible and sustainable. Stay tuned for updated energy news!
Thursday, August 27, 2009
Results Accumulating from "Cash for Clunkers" Program
The Transportation Department is beginning to release results from the month long Cash for Clunkers program.
Toyota was the big winner in economic terms, boasting two out of the top three models sold. Together, Japan's largest automakers - Honda, Nissan and Toyota - sold 41 percent of the vehicles in the program.
American motor manufacturers shared only 38.6 percent of the total sales.
While the program has received positive reviews for its economic stimulus, information on environmental benefits has not been finalized. Additionally, many auto dealers have complained about overall administration of the program and the delay in pay-out of funds.
To read more, click here.
Toyota was the big winner in economic terms, boasting two out of the top three models sold. Together, Japan's largest automakers - Honda, Nissan and Toyota - sold 41 percent of the vehicles in the program.
American motor manufacturers shared only 38.6 percent of the total sales.
While the program has received positive reviews for its economic stimulus, information on environmental benefits has not been finalized. Additionally, many auto dealers have complained about overall administration of the program and the delay in pay-out of funds.
To read more, click here.
Labels: automakers, u.s. energy policy
posted by Amanda Voss at 6:28 PM
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