Cash For Clunkers = Fail ?, page 1
Pages:
ATS Members have flagged this thread 0 times


reply posted on 4-11-2009 @ 03:29 PM by colec156
reply to post by Signals


I don't think that the cash for clunkers deal was ment to persuade people into buying so called greener cars but to help keep the car factories in business.


reply posted on 4-11-2009 @ 03:35 PM by Signals
reply to post by colec156


I think it was meant to do both things-

* help the environment
* stimulate the economy

Ironic it accomplished neither?



reply posted on 4-11-2009 @ 09:10 PM by SLAYER69
October U.S. Sales Rose at GM, Ford
General Motors Co. and Ford Motor Co. led the way, posting increases compared with October 2008, when sales were depressed by the financial crisis on Wall Street.

Chrysler Group LLC, which has struggled to jump-start sales since exiting bankruptcy reorganization, saw its sales fall 30% in the month. Sales were flat at Toyota Motor Corp. and Honda Motor Co.

Auto makers sold 838,052 new cars and light trucks, according to Autodata Corp. That's just 104 fewer than in October 2008, but up 12% from the previous month, when September's sales plunged following the end of the U.S. government's "cash for clunkers" rebate program.


October Auto Sales: Ford sales rise 3 percent
DEARBORN, Mich. -- Ford Motor Co. said Tuesday its October sales rose 3 percent as the popular F-Series pickup truck helped the company boost its estimated market share to more than 15 percent.

BY THE NUMBERS: Sales of Ford, Lincoln and Mercury vehicles climbed to 132,483 vehicles sold last month. U.S. sales of vehicles produced by Swedish carmaker Volvo, which Ford owns, climbed 19.4 percent to 4,437.

Year to date, sales of Ford, Lincoln and Mercury vehicles fell 20.4 percent to 1.66 million vehicles, while Volvo sales declined 19.7 percent to 51,166 vehicles.



reply posted on 4-11-2009 @ 10:24 PM by Signals
reply to post by SLAYER69


Thanks for the research Slayer, it appears the program did what was intended. What's going to keep propping up the automakers, though? Another bailout?

I've got to agree with shortywarn as well....recently I lost my job and had to get rid of my '07 nice ride and get a cash car, a '95 4runner.....The pickens were slim for me I believe due to the cash for clunkers....

I still find it ironic that those who took advantage chose cars that weren't really that more efficient.
Pages:     ^^TOP^^



Bruins goalie Tim Thomas takes stand against U.S Government
  Posted 19 days ago with 88 member flags
Romney: "I\'m Not Concerned About the Very Poor"
  Posted 11 days ago with 73 member flags
The Girl Killed by Obama: She "never saw it coming"
  Posted 4 days ago with 62 member flags
Ron Paul In Nevada - The Caucus Is Rigged!! - w/VIDEO
  Posted 6 days ago with 60 member flags