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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. American Honda Motor Co., Honda hybrid sales dropped 6% year-on-year to 1,898 units. to 152 units, but the new Honda Insight posted 1,746 units.

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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% American Honda Motor Co., Nevertheless, July was Honda’s highest volume month so far this year.

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Heard At The Show: Snippets from SAE 2009 World Congress

Green Car Congress

Paul Taylor, Chief Economist for the National Automotive Dealers Association, had the following observations: At $4/gallon gas people looked at more economical versions of the same vehicle rather than going down in vehicle size—they continue to buy cars that meet their needs. Cash for Clunkers. Personal mobility redefined.

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