September auto sales are up from a year ago. September of 2009 had dismal sales figures. Just like home sales slumping after the expiration of the tax credit, the end of Cash for Clunkers saw car sales drop off slightly. However, modest gains have been realized since that time. However, September sales were only a Read on! →
Tag Archives: cash for clunkers
GM sales fall over the last year
Posted by Mark
The Big Three domestic automakers have been desperate to recapture the market share from foreign auto firms. Since the recession began, all three firms have been trying to boost the bottom line and get more people buying American again. The auto rebate offered by the government for buying more fuel efficient vehicles helped. General Motors Read on! →
Auto sales in the U.S. rose by 14 percent in November. The was the largest increase since April. Chrysler Group, Hyundai-Kia, Mercedes-Benz and Volkswagen led the pack with the highest gains. Honda was the only automaker to see a decline. Highest since ‘cash for clunkers’ The November figures show the third straight month that the Read on! →
Auto Sales Slump in September
Posted by Mark
Cash for Clunkers is no more, and many auto industry analysts are saying that’s the reason vehicle sales suffered last month. About 5 million fewer cars sold in September than in August, down to 9 million from 14 million. “I’ve never seen a rollercoaster ride like this,” said Ken Czubay, vice president of U.S. sales Read on! →