Toyota has sold the most vehicles to date under the government’s Car Allowance Rebate System, passing General Motors for the top spot, according to data released Friday by the National Highway Traffic Safety Administration.
In sum, 18.9 percent of vehicles bought under ‘cash for clunkers’ program were manufactured by Toyota, slightly more than GM’s 17.6 percent.
That’s [...]
Used-car dealer Bill DeHaan cringes every time he sees a clunker destined for the shredder.
“All the stuff getting scrapped? That’s the stuff I sell, the $4,000 and under cars,” DeHaan said at his Holiday Auto Sales dealership, 1129 W. Fulton St.
One problem is supply.
The small, independent dealer typically carries 12 to 20 used cars on [...]
The Obama administration on Monday announced the Ford Focus was the best-selling vehicle sold under the Car Allowance Rebate System, but the Toyota Corolla managed to claim that top spot by Wednesday, according to data released by the National Highway Traffic Safety Administration.
Not so fast, according to an independent analysis Edmunds.com. The real winner is [...]
DETROIT — Lured by the government’s cash-for-clunkers campaign, car and truck buyers started to return to Ford Motor Co. showrooms last month, with the automaker reporting its first U.S. sales increase in nearly two years.
July sales of light vehicles rose 1.6 percent from the same month last year. Ford sold 158,354 vehicles, a 2.2 percent [...]
WASHINGTON — With the “cash for clunkers” program essentially running on fumes, the Obama administration served notice on the Senate that it must pour in $2 billion more to keep it on track.
Transportation Secretary Ray LaHood set the latest policy marker for the popular car-purchase program, saying Sunday that he thought the existing $1 billion [...]
WASHINGTON – The Obama administration will suspend the “cash for clunkers” program unless the Senate provides $2 billion more for the popular car incentive plan, Transportation Secretary Ray LaHood said Sunday.
He said he expects the current $1 billion pool to be exhausted by the end of this weekend. The House approved an additional $2 billion [...]
