08/26/2009

The Cash for Clunkers program is, thankfully, finally over. What a waste of 2.9 billion dollars.

Interesting parting shot: all of the top 10 vehicles traded in were American. And 8 of the top 10 vehicles purchased were foreign.

Top 10 Trade-in Vehicles
1. Ford Explorer (4WD)
2. Ford F150 Pickup (2WD)
3. Jeep Grand Cherokee
4. Ford Explorer (2WD)
5. Dodge Caravan/Grand Caravan
6. Jeep Cherokee
7. Chevrolet Blazer
8. Chevrolet C1500 Pickup
9. Ford F150 Pickup (4WD)
10. Ford Windstar

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

How, exactly, did this help the American auto industry?