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September Auto Sales Plunge in Aftermath of Cash for Clunkers; SAAR at 9.2M units, LDV Sales Down 41% from August, Hybrid Sales Down 48%

Green Car Congress

In the aftermath of the summer sales boom fueled by the US Cash for Clunkers program, September 2009 light duty vehicles sales dropped back to pre-incentive lows. The Prius posted September sales of 10,984 units, up 1% from September 2008, but down 42% from August 2009. Nissan North America, Inc. Click to enlarge.

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Cash for Clunkers Buoys US Auto Sales; Hybrid Sales Up 31.8% for Monthly New Vehicle Share of 3.55%

Green Car Congress

Buoyed by the US government’s CARS (“Cash for Clunkers”) program, US auto sales slowed their decline in the US in July, dropping on 12.1% Hybrid gains were largely due to an increase in Prius sales (up 29.7% GM dealers delivered 189,443 total vehicles in July, a 19.4% Monthly new vehicle market share for hybrids.