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% Cadillac Escalade ESV sales increased 32% while Escalade sales increased 3%. American Honda Motor Co., Nevertheless, July was Honda’s highest volume month so far this year.
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