Feds Release Final Cash for Clunkers Numbers

Cars The government’s Cash for Clunkers program resulted in 690,114 transactions worth $2.88 billion, according to the Department of Transportation. The DOT released its final numbers today.

Toyota was the big winner, accounting for 19.4% of sales through the program. GM was responsible for 17.6% of sales and Ford 14.4%. The best-selling cars were the Toyota Corolla, Honda Civic, Toyota Camry and Ford Focus, in that order.

U.S. automakers accounted for every one of the Top 10 traded-in vehicles, the most popular being the Ford Explorer four-wheel drive, Ford F-150 two-wheel drive, Jeep Grand Cherokee four-wheel drive and Ford Explorer two-wheel drive.

The White House Council of Economic Advisors said the increase in car sales for July and August boosted third quarter economic growth by as much as 0.4 percentage points. The program also created or saved an estimated 42,000 jobs during the second half of the year, according to the White House.

Officials said 84% of the traded-in vehicles were trucks, and 59% of the vehicles purchased were passenger cars. The average clunker was rated at 15.8 mpg, while the new vehicles purchased averaged 24.9 mpg, for a 58% improvement in fuel efficiency.

Check out more numbers after the jump.

Top 10 Trade-Ins
10. Ford Windstar (front-wheel drive)
9. Ford F-150 (four-wheel drive)
8. Chevrolet C1500 (two-wheel drive)
7. Chevrolet Blazer (four-wheel drive)
6. Jeep Cherokee (four-wheel drive)
5. Dodge Caravan/Grand Caravan (two-wheel drive)
4. Ford Explorer (two-wheel drive)
3. Jeep Grand Cherokee (four-wheel drive)
2. Ford F-150 (two-wheel drive)
1. Ford Explorer (four-wheel drive)

Top 10 New Vehicles Purchased
10. Ford Escape (front-wheel drive)
9. Honda Fit
8. Honda Accord
7. Toyota Prius
6. Nissan Versa
5. Hyundai Elantra
4. Ford Focus (front-wheel drive)
3. Toyota Camry
2. Honda Civic
1. Toyota Corolla

How the Automakers Did
Toyota: 19.4%
GM: 17.6%
Ford: 14.4%
Honda: 13.0%
Nissan: 8.7%
Hyundai: 7.2%
Chrysler: 6.6%
Kia: 4.3%
Subaru: 2.5%
Mazda: 2.4%
Volkswagen: 2.0%
Suzuki: 0.6%
Mitsubishi: 0.5%
Mini: 0.4%
Smart: 0.2%
Volvo: 0.1%

By Stephen Markley | August 26, 2009 | Comments (9)

Comments 

maxwell

Why does the gov't list "4. Ford Focus (front-wheel drive)"

Is there some secret rear wheel drive or 4WD or AWD that noone seems to know exist?

I was about to ask the same thing...everywhere I've seen the Focus listed lately in the C4C listings it always pretends like the Focus ever offered AWD.

steve

I think my message might be continuation of a previous thread but if GM sold 17.6 % of the new cars and none of those brands were in the top ten, what cars were they? I wonder if people turned them in and bought newer trucks?
Maybe someone can do the math, i.e
690,114 cars sold times 17.6 percent = 121,460 cars hmmm.. I guess we need to know the total number of each model sold. Oh well.
Steve

Derrick G

Steve,

Remember that a good number of the vehicles sold were still Cat 1 trucks and for every one GM offers, at least 2 if not more divisions offer the same vehicle, often with powertrain options the feds count seperately. I'm imagining that's seriously diluting GM's sales numbers. They were, as you noted, in 2nd place regardless.

The program requires the scrapping of your eligible trade-in vehicle, and that the dealer disclose to you an estimate of the scrap value of your trade-in. The scrap value, however minimal, will be in addition to the rebate, and not in place of the rebate.

Jimhenry
Blogger
www.cashforclunkersfacts.info
http://www.cashforclunkersfacts.info

Barring any dealers not getting paid or having their business damaged by the wait for funds, I think the program was a success.

Gary

The total number of sales per model were minupulated by DOT into 2 or groups 1-front wheel drive & 2 -rear wheel drive 3-all wheel drive.Then they were reported as actual sales per model, wich took the TOTAL % sales from the Big 3

Troy S.

Is anyone monitoring the disposal of the clunkers?

H

Saw this over on LLN. CARS has released sales data. I didn't add the numbers myself but according to LLN the Silverado, F150, and CR-V are now in the top ten and the Prius, Accord, and Fit are out of it.

http://www.cars.gov/files/official-information/new-model-vehicles.pdf

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