Cash for Clunkers Generated Some 700,000 New Car Sales
WASHINGTON-Cash for Clunkers generated nearly 700,000 new car sales and ended under its $3 billion budget, the Transportation Department said Wednesday. Releasing final data, the government said dealers submitted 690,114 vouchers totaling $2.88 billion. Japanese automakers Toyota, Honda and Nissan accounted for 41 percent of the new vehicle sales, outpacing Detroit automakers General Motors, Ford and Chrysler, which had a share of nearly 39 percent.MORE
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