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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. All comparisons in this post are based on actual volume, not adjusted day sales rate. Reported hybrid sales by month. Click to enlarge. by volume from last September.

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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% All comparisons are by volume. Hybrid gains were largely due to an increase in Prius sales (up 29.7% to 997,824 units, according to summary figures from AutoData.