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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% Passenger car sales dropped 10.6% to 554, 527 units, while light truck sales dropped 14.1% All comparisons are by volume. to 19,173 units) and Ford hybrids (up 323% to 5,353 units).

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US LDV Sales Down 33.7% in May; SAAR Up to 9.91M; Reported Hybrid Sales Down 28.5%; Hybrid New Vehicle Share of 2.8%

Green Car Congress

Total sales of light-duty vehicles in the US decreased 33.7% Sales of passenger cars declined 38.6% to 488,045 units; sales of light trucks declined 27.2% The car:truck ratio for new vehicle sales for the month was 52.7:47.3. OEM-reported sales of hybrids in the month dropped 28.5% Car sales were down 37.7%

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