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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

Reported hybrid sales by month. 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. With 745,997 cars and light duty trucks sold in September, according to Autodata, sales were down 22.7%

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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% Hybrids had an especially good month, with reported sales jumping 31.8%

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$2B Cash for Clunkers Supplement Signed Into Law; Funding Taken from Renewable Energy Loan Guarantee Program

Green Car Congress

3435 , which provides $2 billion FY 2009 emergency supplemental appropriations for the Consumer Assistance to Recycle and Save Program (Cash-for-Clunkers, C4C). The C4C program, which began in late July, encouraged a surge in auto sales, with the original $1 billion funding depleting in approximately one week.

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30+% of Volkswagen July US Sales Were Diesel

Green Car Congress

Volkswagen of America, Inc. posted July 2009 sales of 20,590 units, representing a 0.7% percent increase over July 2008; its diesels (Jetta, Jetta SportWagen, and Touareg TDI) accounted for 6,320 units—slightly more than 30% of total sales. Mark Barnes, Chief Operating Officer, Volkswagen of America, Inc.

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US cash for clunkers scheme ends

Green Cars News

The US car scrappage scheme know as the ‘cash for clunkers’ plan will end next week after the funds ran out. Transportation Secretary Ray LaHood announced on Thursday that after a successful run, the cash for clunkers program will come to a close on Monday, August 24th at 8 p.m. billion in rebates.

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VW diesels enjoy US sales success

Green Cars News

Volkswagen of America posted July 2009 sales of 20,590 units - that’s a 0.7 However, at the heart of this success was its diesel cars - the Jetta, Jetta SportWagon and Touareg TDI - which accounted for 6,320 of the units sold - just over 30 per cent of the total sales. It accounted for more than 3,300 sales.

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Clunkers programme receives funding boost

Green Cars News

The vastly popular cash for clunkers programme in the USA received a boost last Friday when President Obama signed into law HR 3435, which provides $2billion in emergency supplemental appropriations for the Consumer Assistance to Recycle and Save Programme.