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So after the UK’s vehicle scrappage scheme was hailed a success, what of the so-called “cash for clunkers&# programme in the US? Even though corporate purchases of vehicle fleets continued to drop, the number of retail sales of Ford cars and pick-up trucks among the public leapt by nine per cent.
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. So is this scheme green at all? Faye Sunderland.
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 Ford: The US manufacturer posted the first year-on-year sales gains of any major car manufacturer in the US market with total sales climbing two per cent to 158,838 units.
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