STUDY: Cash for Clunkers helped Japanese way more than Detroit 3
Filed under: Government/Legal , Chrysler , Ford , GM , Honda , Nissan , Toyota While there is no question that Obama’s Cash-for-Clunkers program accelerated vehicle sales this summer, a new report by the University of Michigan’s Transportation Research Institute shows the big winners were from Japan, not Detroit. According to the study, nearly 85 percent of the trade-ins were from General Motors , Ford , and Chrysler , yet they only sold 39 percent of the new cars moved off the lots…
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Topics: japanese, salvage, image, study, japan