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
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)
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(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%.
(Read more Ford stories.)