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September 1, 2010

US Auto Sales Plummet in August: Post-Clunker Drops and Gains


August sales, for the most part, are hurting from a year ago. To be precise, initial data showed sales came in at 997,574, down 21 percent from a year earlier, according to Autonews. After the cash-for-clunkers sales surge of '09, it was to be expected. So, after the economy's cash-injection car sale plan, where do automakers stand compared to August last year?

First off, American automakers are all over the map: Ford is down 14%, Chrysler is up 7% due to fleet sales, and GM fell off a hefty 25%.

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