Wednesday, August 19, 2009

Toyota selling most cars in clunker plan

It appears that Toyota Motor Co. is now benefiting the most from the government’s cash-for-clunkers program.

By Friday morning, 358,851 cash-for-clunkers deals had been submitted to the government. Those deals are valued at $1.5 billion.

The average fuel economy of vehicles that have been traded in is 15.8 miles per gallon, while the average fuel economy for vehicles that drivers are buying is 25 miles per gallon.

Here are the top 10 vehicles purchased under the cash-for-clunkers program, according to data provided by the government:


1. Toyota Corolla

2. Honda Civic

3. Ford Focus FWD

4. Toyota Camry

5. Toyota Prius

6. Hyundai Elantra

7. Ford Escape FWD

8. Honda Fit

9. Nissan Versa

10. Honda CR-V 4WD

Here is a list of the top 10 vehicles consumers are trading in:

1. Ford Explorer 4WD

2. Ford F150 Pickup 2WD

3. Jeep Grand Cherokee 4WD

4. Jeep Cherokee 4WD

5. Ford Explorer 2WD

6. Dodge Caravan/Grand Caravan 2WD

7. Chevrolet Blazer 4WD

8. Ford F150 Pickup 4WD

9. Chevrolet C1500 Pickup 2WD

10. Ford Windstar FWD Van

Here is a breakdown of the makers of the vehicles sold under the plan.

1. Toyota: 18.9%

2. General Motors: 17.6%

3. Ford: 15.4%

4. Honda: 12.9%

5. Chrysler: 9.1%

6. Nissan: 7.4%

7. Hyundai: 6.7%

8. Kia: 3.7%

9. Subaru: 2.4%

10. Mazda: 2.2%

11. Volkswagen: 2.0%

12. Suzuki: 0.5%

13. Mitsubishi: 0.4%

BY JEWEL GOPWANI

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