C.A.R.S. Program Statistics August 5, 2009; Michigan Number One Cash For Clunker State
 Cash for Clunkers |
SEE ALSO: Cash for Clunkers Consumer Guide
NEWS
FLASH: C.A.R.S. Program
Statistics
August 5,
2009
Dealer Transactions
Number Submitted:
184,304
Dollar Value: $775.2M
Top 10 New Vehicles
Purchased
1.
2. Ford
Focus FWD
3. Honda
Civic
4.
5.
6. Hyundai
Elantra
7. Ford
Escape FWD
8. Dodge
Caliber
9. Honda Fit
10. Chevrolet Cobalt
New Vehicles
Manufacturers
General Motors
18.7%
Ford
16.0%
Honda
11.6%
Chrysler
10.6%
Nissan
7.0%
Hyundai
6.6%
Kia
3.8%
Mazda
2.3%
Subaru
2.2%
Volkswagen
1.9%
Suzuki
0.4%
MINI
0.3%
Mitsubishi
0.3%
Smart
0.2%
Volvo
0.1%
All Other
0.1%
Nearly half of new vehicles purchased
under
the program were from the Big Three.
The
Big Three’s share in this program (45%) is equivalent to their overall
share in the auto market (about 45%). Four of the top ten selling vehicles
are
manufactured by the Big Three. Of non-Big Three purchases, preliminary
analysis
suggests that well over half of these new vehicles were manufactured in the
Top 10 Trade-in
Vehicles
1. Ford
Explorer 4WD
2. Ford F150
Pickup 2WD
3. Jeep Grand
Cherokee 4WD
4. Jeep
Cherokee 4WD
5. Dodge
Caravan/Grand Caravan 2WD
6. Ford
Explorer 2WD
7. Chevrolet
Blazer 4WD
8. Ford F150
Pickup 4WD
9. Chevrolet
C1500 Pickup 2WD
10. Ford Windstar FWD
Van
Vehicles Purchased by
Category
Passenger Cars:
88,814
Category 1 Truck:
52,391
Category 2 Truck:
8,601
Category 3 Truck:
295
Thus far, 83% of trade-ins under the
program are trucks, and 59% of new vehicle purchases are
cars. The
program
is working far better than anyone anticipated at moving consumers out of
old,
dirty trucks and SUVs and into new more fuel-efficient cars.
Vehicle Trade-in by
Category
Passenger Cars:
24,903
Category 1 Truck:
99,186
Category 2 Truck:
24,931
Category 3 Truck:
1,081
Average Fuel
Economy
New vehicles Mileage: 25.3
MPG
Trade-in Mileage: 15.8 MPG.
Overall increase: 9.6 MPG, or a 61% improvement
Cars purchased under the program are,
on
average, 21% above the average fuel economy of all new cars currently
available, and 63% above the average fuel economy of cars that were traded
in. This means the program is
raising
the average fuel economy of the fleet, while getting the dirtiest and most
polluting vehicles off the road.
Requested Voucher Dollar Amount by
State:
NEW