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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% On 27 July, Chrysler restarted production at 9 of its 11 manufacturing facilities. Dodge Journey, Avenger and Caliber and Jeep Patriot and Compass registered their best July sales ever.

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Bills in Virginia General Assembly Seek to Have Automakers Shield Auto Dealers from Financial Impact of Restructuring

Green Car Congress

A bill currently in the Virginia Senate ( SB 1410 ) would require manufacturers that stop producing a line of cars to buy back unsold cars from dealers, pay up to three years’ rent on the dealership and pay fair market value of the franchise up to its value two years ago. who is also the part owner of a Dodge franchise.

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