Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on January 5, 2010

Bookmark and Share

U.S. car ownership shifts into reverse

Americans’ infatuation with their cars has endured through booms and busts, but last year something rare happened in the United States: The number of automobiles actually fell.

The size of the U.S. car fleet dropped by a hefty four million vehicles to 246 million, the only large decline since the U.S. Department of Transportation began modern recordkeeping in 1960. Americans bought only 10 million cars

The decline in sales from previous years came despite 2009’s cash-for-clunkers program, in which the U.S. government gave Americans up to $4,500 (U.S.) to trade in their gas guzzlers for new, more fuel-efficient cars



Leave a Reply

Your email address will not be published. Required fields are marked *