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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% GM dealers delivered 189,443 total vehicles in July, a 19.4% The first new 2010 Ford Taurus sedans were delivered at the end of July, as well as the first Transit Connects.

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

Green Car Congress

We’ll add targeted incentives to jump-start this successor to the $4,500 “Cash for Clunkers” program. Meanwhile, carmakers and dealers that sell high-efficiency and plug-in cars will, for the first time, get a new revenue stream from upgrading vehicles they've already sold.

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