These statistics are for the cash for clunkers program and encompass all program sales through August 5, 2009. With the government announcing an extension of the program, we should see a continued push of advertising and car sales. It appears that the initial program helped stabilize the inventory situation and that going forward, the OEM channel may get into a better supply and demand situation.

Number of Cars Sold Under The Program: 184,304

Dollar Value of rebates: $775.2M

Top 10 New Vehicles Purchased

  1. Toyota Corolla
  2. Ford Focus FWD
  3. Honda Civic
  4. Toyota Prius
  5. Toyota Camry
  6. Hyundai Elantra
  7. Ford Escape FWD
  8. Dodge Caliber
  9. Honda Fit
  10. Chevrolet Cobalt

New Vehicles Manufacturers

  • U.S. Big 3 market share - 45.3%
  • General Motors - 18.7%
  • Toyota - 17.9%
  • 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%

Just under half of the new vehicles purchased under the program were from the U.S. Big Three, while all of the top 10 trades in came from the Big 3.

The Big Three’s share in this program (45%) equals their overall market share outside of the C.A.R.S. program.

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 United States.

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

83% of trade-ins under the program are trucks while 59% of new vehicle purchases are 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 through the program are 21% above the average fuel economy of all new cars currently available while 63% above the average fuel economy of cars that were traded in.

Requested Voucher Dollar Amount by State:

  • ALABAMA: $7,087,000
  • ALASKA: $1,166,000
  • ARIZONA: $6,527,500
  • ARKANSAS: $4,455,000
  • CALIFORNIA: $39,926,500
  • COLORADO: $7,758,000
  • CONNECTICUT: $8,916,000
  • DELAWARE: $1,562,000
  • FLORIDA: $26,947,000
  • GEORGIA: $12,469,500
  • HAWAII: $963,500
  • IDAHO: $3,395,000
  • ILLINOIS: $33,740,000
  • INDIANA: $18,729,500
  • IOWA: $12,184,500
  • KANSAS: $9,729,000
  • KENTUCKY: $9,178,000
  • LOUISIANA: $5,400,000
  • MAINE: $5,450,000
  • MARYLAND: $11,757,000
  • MASSACHUSETTS: $13,844,500
  • MICHIGAN: $44,399,500
  • MINNESOTA: $30,182,500
  • MISSISSIPPI: $2,431,500
  • MISSOURI: $16,101,500
  • MONTANA: $1,732,500
  • NEBRASKA: $7,392,000
  • NEVADA: $2,009,000
  • NEW HAMPSHIRE: $5,474,500
  • NEW JERSEY: $13,744,500
  • NEW MEXICO: $2,366,000
  • NEW YORK: $32,440,000
  • NORTH CAROLINA: $18,472,000
  • NORTH DAKOTA: $3,302,000
  • OHIO: $37,653,000
  • OKLAHOMA: $7,532,000
  • OREGON: $10,229,500
  • PENNSYLVANIA: $32,994,000
  • RHODE ISLAND: $2,392,000
  • SOUTH CAROLINA: $7,164,000
  • SOUTH DAKOTA: $4,033,500
  • TENNESSEE: $11,117,000
  • TEXAS: $35,010,000
  • UTAH: $5,095,000
  • VERMONT: $2,376,000
  • VIRGINIA: $18,376,500
  • WASHINGTON: $12,351,000
  • WEST VIRGINIA: $2,769,500
  • WISCONSIN: $24,042,000
  • WYOMING: $530,000