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. According to official statistics, 84 per cent of consumers traded in trucks and 59 per cent purchased passenger cars. per cent; followed by General Motors (GM) at 17.6 So did it achieve its objectives?

article thumbnail

A closer look at US auto sales in July

Green Cars News

Yesterday we told you how the cash for clunkers scheme has enjoyed early success in the USA. In all, passenger car sales dropped 10.6 GM delivered a total of 1,487 hybrid vehicles in the month - an increase of 36.3 per cent to 566,527 with hybrids having a particularly good month. Reported sales jumped 31.8

article thumbnail

Hybrid sales leap in the US

Green Cars News

The cash for clunkers campaign has given a massive boost to hybrid sales in the US, with a reported leap by 48.6 General Motors: GM sold a total of 1,708 hybrids during the month – an increase of 4.8 Tags: Ford Green cars Honda Hybrid cars Latest news Lexus Nissan Toyota general motors.

Hybrid 46