article thumbnail

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. Toyota Motor Sales (TMS) reported September sales of 126,015 vehicles, a decrease of 12.6% American Honda Motor Co., General Motors. Click to enlarge.

article thumbnail

Cash for clunkers: a summary

Green Cars News

The US Cash for Clunkers scheme ran out of cash on Tuesday with 690,114 dealer transactions submitted. per cent; followed by General Motors (GM) at 17.6 The state that requested the largest share of the cash for clunkers cash was California with 11.3 So did it achieve its objectives?

article thumbnail

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% General Motors. GM dealers delivered 189,443 total vehicles in July, a 19.4% Toyota Motor Sales, USA (TMS) reported July sales of 174,872, down 11.4% American Honda Motor Co.,

article thumbnail

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.

article thumbnail

GM Launches Trial of Sales on eBay

Green Car Congress

Consumers will be able to browse California dealer online showrooms, ask questions, negotiate prices, and arrange financing and payment to purchase a new 2008, 2009 or select 2010 car, crossover or truck online.

article thumbnail

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

Green Car Congress

As batteries get cheaper and smaller, and motors get light enough to fit inside wheels, we’ll be able to upgrade smaller cars. We’ll add targeted incentives to jump-start this successor to the $4,500 “Cash for Clunkers” program. The US can lead in a new, profitable, global business opportunity.

Oil 252