Cash for Clunkers Buoys US Auto Sales; Hybrid Sales Up 31.8% for Monthly New Vehicle Share of 3.55%
Green Car Congress
AUGUST 4, 2009
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% to 554, 527 units, while light truck sales dropped 14.1% to 19,173 units) and Ford hybrids (up 323% to 5,353 units). Ford’s fuel-efficient vehicles pace July sales results.
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