From The Publisher (continued)
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Ford Motor Co. sold 181,826 cars and light trucks compared
with 155,117 in August 2008, when high gas prices and growing
economic uncertainty kept people away from showrooms
Japanese automakers Toyota Motor Corp. and Honda Motor Co.
also posted gains in August. Toyota sales rose 6.4 percent to
225,088, lifted by small cars like the Corolla the best-selling
clunkers vehicle
Honda sales rose 9.9 percent to 161,439, also largely on the strength of its fuel-efficient offerings.
Meanwhile, low supplies of fuel-efficient vehicles at Chrysler kept the automaker from benefiting
more from the clunkers program, whose rebates encouraged customers to buy gas sippers in
exchange for guzzlers with gas mileage of 18 mpg or less. Chrysler sales fell 15 percent to 93,222
units.
No GM vehicles made the closely watched list of top-10 Cash for Clunkers sales, but they had the
largest market share behind Japan's Toyota Motor Corp. GM also said it was extending through the
end of September its test program selling vehicles on eBay.
Consumers are expected to steer clear of dealers this autumn now that the clunker rebates are no
longer available.
Sourced from AP News.