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. New vehicle market share for reported hybrid sales in September dropped back down to 2.7% Hybrid new vehicle market share by month. American Honda Motor Co.,

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

Monthly new vehicle market share for hybrids. 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% year-on-year to 35,429 units, representing a 3.55% new vehicle sales market share for the month—the highest monthly share yet.

article thumbnail

US hybrid sales slump in September

Green Cars News

What would happen when the cash for clunkers sales boom came to an end has been a question many automotive executives in the USA dared not think about. per cent and market share dropped down to 2.7 Honda: Total vehicle sales reached 77,229 a decline of 20 per cent with hybrid sales dropping six per cent to 1,898 units.

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. per cent new vehicles sales market share for the month, the highest monthly share to date. per cent new vehicles sales market share for the month, the highest monthly share to date. In all, passenger car sales dropped 10.6