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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. 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% All comparisons are by volume. Toyota Motor Sales, USA (TMS) reported July sales of 174,872, down 11.4% to 997,824 units, according to summary figures from AutoData. to 443, 297 units.

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Reported Sales of US Hybrids Up 48.6% in August; 3.07% Market Share

Green Car Congress

Buoyed by the extension of the US Cash for Clunkers (CARS) program, as well as the availability of more hybrid models on the market, reported sales of hybrids in the US jumped 48.6% All comparisons here are by volume, not adjusted for the daily selling rate.). Toyota dropped from 75% in August 2008 to 62.5% to 669 units.

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