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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% Chrysler Group LLC reported total US sales for July 2009 of 88,900 units, a decrease of 9% year-on-year, although up 30% versus June 2009. Monthly new vehicle market share for hybrids.
mpg higher (+5.4%) than MY 2011. mpg fuel economy improvement from MY 2011 to MY 2012 is the second largest annual improvement in the last 30 years. mpg, or 22%. There are 15 MY 2013 pickup and minivan/van models for which at least one variant of the model has a combined city/highway label fuel economy rating of 20 mpg (11.8
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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