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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.

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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. Well, Toyota reaped the largest percentage of sales under the programme with 19.4 per cent; followed by General Motors (GM) at 17.6 So did it achieve its objectives? Let’s look at the evidence.

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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% Hybrid gains were largely due to an increase in Prius sales (up 29.7% General Motors. Toyota Motor Sales, USA (TMS) reported July sales of 174,872, down 11.4%

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Has the cash for clunkers scheme failed? The Green Piece

Green Cars News

The Car Allowance Rebate System (CARS for short, or ‘cash for clunkers’ as it is more commonly known) was the US’s answer to the scrappage schemes in Germany and the UK which appeared to have revitalised their respective automotive sectors. With General Motors and Chrysler also showing signs of modest improvement, all looked rosy.

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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. General Motors: With 155,679 light vehicles sold, the company suffered a 45 per cent drop compared to the prior year. Well, now they have their answers. per cent to 345 units.

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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. General Motors: A total of 189,443 vehicles were sold in July, that’s a 19.4 Toyota : Reported July sales of 174,872 represented an 11.4 In all, passenger car sales dropped 10.6 Reported sales jumped 31.8

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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 per cent, while Toyota saw a fall from 75 per cent to 62.5 General Motors: GM sold a total of 1,708 hybrids during the month – an increase of 4.8 per cent in August year on year. per cent of new vehicle sales.

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