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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% Ford Escape sales totaled 20,241, a July record and up 94% versus a year ago, and Mercury Mariner sales were up 71%. Toyota Motor Sales, USA (TMS) reported July sales of 174,872, down 11.4%

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Clunkers programme receives funding boost

Green Cars News

The vastly popular cash for clunkers programme in the USA received a boost last Friday when President Obama signed into law HR 3435, which provides $2billion in emergency supplemental appropriations for the Consumer Assistance to Recycle and Save Programme.

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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. per cent compared to the previous year at 19,977 units (though they do not include sales of the Mercedes S400 Hybrid which went on sale in the USA at the end of August).