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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?

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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 Honda: The Japanese manufacturer posted total July vehicle sales of 114,690 - that’s a decline of 17.3 per cent to just 969 units while the Honda Insight Hybrid posted 2,295 units.

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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 Honda: The company sold a total of 4,943 hybrids during the month with 4,226 of these units being the new Honda Insight.

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