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[Breaking News] Car buyers returned to showrooms in July, boosting sales as big ...: Car rebates: Populist stimulus or clunker?WASHINGTON ”” The populist "cash-for-clunkers" program has quickly become the poster child of the economic recovery, bringing out shoppers in droves to help the struggling auto industry and provide a vital boost in consumer spending. But is it everything it's cracked up to be?As the Senate prepares to add $2 billion to continue the rebates through Labor Day, conservatives question the government's role in picking "winners and losers" and contend the program will simply drive up the deficit instead of stimulating the economy.

[Wheels] Gray Market Cars, a Cash for Clunkers Stumper - Wheels Blog ...: The eligibility of gray market cars is one of those issues that Congress did not plan for, but will certainly have to be addressed as more than a half million cars have been imported into the United States over the last 25 years. Bringing European cars to America was big business in the mid-1980s and again in 2001 and 2002.

[Breaking News] Car buyers return to showrooms in July, boosting sales as big ...: Meanwhile, crosstown rival Chrysler Group LLC posted a smaller year-over-year sales drop compared with recent months. The Auburn Hills automaker, which emerged from bankruptcy protection earlier this year, said its sales fell 9.4 percent and received help from heavy incentives and the cash for clunkers program.

[TruckTrend SUV & Truck Forum] July 2009 - Truck , SUV, and crossover sales numbers - Ford up ...: "The government's program is doing what it is designed to do-spur consumers to trade in older gas guzzlers for new, fuel-efficient vehicles," said Peter Fong, President and Chief Executive Officer-Chrysler Brand and Lead Executive for the Sales Organization, Chrysler Group LLC. "While we don't expect the industry sales forecast to change dramatically, we are seeing encouraging signs that consumer confidence is building, and more consumers are considering purchasing a new vehicle."

[Car Blog] Mercedes-Benz Dealers Achieve Highest Ranking in 2009 Pied Piper ...: As many as one-third of a brand’s car shoppers report that their salesperson suggested that they consider an alternative brand carried by the dealership or dealer group instead of the brand requested by the shopper. Shoppers asking for vehicles from Dodge, GMC, Chrysler, Kia and Pontiac were most likely to encounter salespeople who suggested that shoppers consider a different brand instead, while salespeople from Mercedes-Benz, Audi, Volvo, Lexus and Honda dealerships were the least likely to suggest an alternative brand instead.

[Finance and Commerce Business News] 'Cash for clunkers' boosts July U.S. auto sales - Finance and Commerce: July sales, if converted to an annual rate, could top 10 million cars and trucks, the first month this year that sales rose above that depressed level. As recently as 2007, car and light truck sales topped 16 million vehicles, but the recession, tight credit and a lack of consumer confidence sent sales plunging late last year.

[Autoblog] By the Numbers - July 2009: Turn of the Tide Edition ”” Autoblog: The program sets a max of 18MPG for the trade vehicle. Subaru's MPG might be below average, but except the V6 SVX and the Turbo versions of some vehicles, which don't represent a large portion of what's out there to trade in, it's not at or below 18MPG for most of their line.

[Motor Trend Blog] July Sales: Cash for Clunkers Spurs FoMoCo; Toyota Regains Second ...: Aside from the minor increase compared with a very weak July '08, when gasoline averaged $4.11 per gallon, Ford proved through individual model sales that the Cash for Clunkers program helped move fuel-efficient metal. Probably not coincidentally, the low-priced cars and trucks that consumers who until now were driving clunkers could afford to buy moved the most.

[BMW BLOG] BMW USA Sales in July: Down 26.7%: The article nor BMW spokesperson does not mention that they are in a product cycle place in NA where they are awaiting a lot of key new metal like 5er, X3, and eventually X1…combination of depressed market and no product news in key segments is deadly…given that they are doing better then it could be. They should be more aggressive with special packages and financing to roll the 5+ year 5ers out the door.

[The Urethane Blog] The Urethane Blog: Auto Sales Improve in July: Honda, based in Tokyo, posted sales of 114690 cars and light trucks, down from 138744 a year earlier. Nissan's sales dropped to 71847 from 95319, according to a statement from the Tokyo-based company.

[Breaking News] Carmaker Daimler reports Q2 loss of euro1.06 billion ($1.51 ...: Daimler reports 1Q loss of nearly euro1.3 billionFRANKFURT ”” German auto maker Daimler AG reported a big first quarter loss on Tuesday and doubled its cost-saving target for 2009 as the global economic crisis weighed heavily on demand for its cars and trucks. The net loss of euro1.29 billion ($1.7 billion) in the January-March period compared with a net profit of more than euro1.33 billion in the first quarter of 2008.

[CarInsurance.com News Feed - Blog] J.D. Power and Associates Reports:Appeal of Newly Launched Models ...: "For example, the Ford F-150, Cadillac Escalade, Volkswagen Jetta and redesigned Dodge Ram have all made major strides in owner satisfaction with fuel economy through the introduction of more efficient powertrains."

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