Remove Auto Remove Cars Remove Cash For Clunkers Remove Dealers
article thumbnail

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. With 745,997 cars and light duty trucks sold in September, according to Autodata, sales were down 22.7% Reported hybrid sales by month. Click to enlarge.

article thumbnail

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% Passenger car sales dropped 10.6% GM dealers delivered 189,443 total vehicles in July, a 19.4% TMS passenger car sales dropped 12.1% Click to enlarge. year-on-year.

article thumbnail

Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

Paul Taylor, Chief Economist for the National Automotive Dealers Association, had the following observations: At $4/gallon gas people looked at more economical versions of the same vehicle rather than going down in vehicle size—they continue to buy cars that meet their needs. Cash for Clunkers. —Bill Cooke.

Congress 150
article thumbnail

Perspective: Drive Star Conversion Program Could Cut US Oil Use in Half by 2020

Green Car Congress

We’re happy we’re well on our way with plug-in cars. Well, America’s auto industry delivered over 100,000. Since our cars and trucks use almost two-thirds of the oil we buy, the quickest way to cut oil use is to free transportation from its grip. It helps that the auto industry will be building more efficient new vehicles.

Oil 252
article thumbnail

Report: Dealers Worried About Getting EV Refunds From the Government

The Truth About Cars

According to a report from Automotive News , dealers are getting worked up about the prospect of not receiving money swiftly enough — mimicking some of the hardships endured during the Cash-for-Clunkers period. Since some of that isn’t settled yet, dealers are getting anxious. Car dealers are asset rich and cash poor. "Car