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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% to 554, 527 units, while light truck sales dropped 14.1% Ford, Lincoln and Mercury retail sales increased 9% versus a year ago. Light truck sales were down 10.1% to 62,303 units.
Buoyed by the extension of the US Cash for Clunkers (CARS) program, as well as the availability of more hybrid models on the market, reported sales of hybrids in the US jumped 48.6% Overall sales of light duty vehicles in the US rose 1% to 1,261,977 units in August, according to figures from Autodata. Click to enlarge.
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