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Experian Automotive: total number of light vehicles on US roads at highest level since 2008

Green Car Congress

Increased new vehicle sales and lower scrappage rates pushed VIO to the highest point on record since Q3 2008. Other findings include: General Motors had the highest share of VIO at 26.6%, followed by Ford (18.9%), Toyota (12.6%) and Chrysler (12.5%). The number of cars and light trucks on the road in the US reached 247.9

2008 207
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Cash for clunkers enjoys early success

Green Cars News

So after the UK’s vehicle scrappage scheme was hailed a success, what of the so-called “cash for clunkers&# programme in the US? Meanwhile Ford’s US rivals General Motors and Chrysler also showed signs of modest improvement as their rate of decline slowed.

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Can green cars solve automotive crisis? The Green Piece

Green Cars News

In the US, Chrysler and General Motors fell into bankruptcy; while in Japan even its major automakers have been left reeling from significant profit falls. With few of us having the cash or credit to buy an expensive new addition, the bottom seems to have fallen out of the automotive industry which has been plunged into crisis.

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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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Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

Green Car Congress

Austerity plans will prevent governments in Europe from boosting 2012 sales through scrappage programs and other incentives offered in previous years. Traditional domestic manufacturers, General Motors, Ford and Chrysler, will continue to grow in 2012 as the industry continues to recover.

2012 199