In July and August 2009, the federal government implemented the Consumer Assistance to Recycle and Save (CARS) program, or 'Cash for Clunkers,' a temporary vehicle retirement program that offered consumers a monetary credit ($3,500 or $4,500) to trade in an older vehicle for a new, more fuel-efficient one. The National Highway Traffic Safety Administration (NHTSA) was responsible for administering the program, and GAO was required to review the program's administration. This report examines (1) what is known to date about the extent to which the CARS program achieved its objectives; (2) what stakeholders' experiences were with the CARS program; and (3) how the CARS program compares to other selected domestic and international vehicle retirement programs. To address these issues, GAO reviewed the CARS legislation and implementing regulations, a required NHTSA report to Congress on the program's efficacy, and CARS program transaction data. GAO also contacted officials from NHTSA and the Environmental Protection Agency (EPA); representatives of industry organizations and academics; as well as CARS program stakeholders, including representatives from consumer groups, scrap and salvage industries, automobile manufacturers, vehicle dealerships, and charities. GAO also interviewed officials from other domestic and international vehicle retirement programs and reviewed information about these programs.
Auto Industry: Lessons Learned from Cash for Clunkers Program
2010
43 pages
Report
No indication
English
Road Transportation , Policies, Regulations & Studies , Domestic Commerce, Marketing, & Economics , Economic indicators , Automobile , Gasoline prices , Fuel efficiency , New vehicle sales , Vehicle fuel economy , Auto industry , Lessons learned , Cash for Clunkers program , Vehicle scrappage program
Illinois' "Cash for Clunkers" Project
British Library Conference Proceedings | 1994
|Scrappage by age: Cash for Clunkers matters!
Elsevier | 2019
|Cash for Clunkers - Reducing Emissions by Early Scrapping of Australian Motor Vehicles
British Library Conference Proceedings | 1996
|