Toyota Corolla still Cash for Clunkers top seller
Toyota Corolla remains atop Cash for Clunkers top sellers list
- On Friday August 21, 2009, 5:27 pm EDT
WASHINGTON (AP) -- The Toyota Corolla remained the top-selling vehicle under the Cash for Clunkers program, according to data released Friday by the government.
Asian automakers also continued to increase their share of sales under the government incentive program that offers car buyers rebates on new vehicle purchases of $3,500 or $4,500 in return for turning in older, less fuel efficient vehicles.
Toyota vehicles accounted for 19.2 percent of the 489,269 sales recorded through Friday morning, while General Motors had the second spot at 17.7 percent.
The Honda Civic was the second best-selling vehicle, followed by the Ford Focus in the third spot. The Ford Explorer was the most traded-in vehicle under the program.
Cash for Clunkers is scheduled to expire Monday at 8 p.m. EDT. As of Friday, the program had used up $2 billion of the $3 billion Congress set aside for it.
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