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Clunkers Drives Ford's August Sales Up 17%

Hyundai surges 47%; GM drops 20% and Chrysler 17%

By Nick McMaster,  Newser Staff

Posted Sep 1, 2009 1:56 PM CDT

(Newser) – Cash for Clunkers reverberated through August auto sales reports released today, with Ford and Hyundai scoring big jumps, the Wall Street Journal reports. The winners and losers:

  • Ford's light vehicle sales rose 17% year-over-year, with the Focus and Escape both in the top eight most popular vehicles purchased through the Clunkers program.
  • Hyundai's sales surged 47%.

  • GM plummeted 20%, while its vehicles were among the most traded in under the program.
  • Chrysler's sales dropped 15% from the year-ago period. The firm blamed inventory shortages on its low sales.
  • Nissan saw an August year-over-year sales decline of 2.9%.

In this photo made Sunday, Aug. 2, 2009, the blue oval insignia of Ford shines off the deck lids of unsold 2009 Focus sedans at a Ford dealership in Denver. F
In this photo made Sunday, Aug. 2, 2009, the blue oval insignia of Ford shines off the deck lids of unsold 2009 Focus sedans at a Ford dealership in Denver. F   (AP Photo/David Zalubowski)
In this Aug. 2, 2009 photo, the Ford logo shines off the grille of an unsold 2009 Focus sedan at a Ford dealership in Denver.
In this Aug. 2, 2009 photo, the Ford logo shines off the grille of an unsold 2009 Focus sedan at a Ford dealership in Denver.   (AP Photo/David Zalubowski)
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COMMENTS
Showing 3 of 13 comments
Spudsy
Sep 2, 2009 3:40 AM CDT
Since the car most traded in was a Ford, then these buyers must be idiots.
Derni
Sep 2, 2009 2:32 AM CDT
Pay tax to the IRS for clunker money?? I won't be surprised-no free lunch but The Gov't will have a lot of explaining to the public that didn't expect that to be part of the "deal"-oh boy
IndependentThinker
Sep 1, 2009 9:07 AM CDT
LoL sounds just like what they said about Obama... "The economy/US/World/Universe went down hill when he took over". Broken record.

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