The Cash for Clunkers program has been a blessing for the US auto industry. Not only have sales of vehicles picked up since the program opened its doors, but manufacturers – whether intentionally or not – have engaged in some sort of ‘race’ as to what car model comes out as the number one sold for the duration of the program.
Last week, we reported that the Ford Focus was leading the pack but now, it appears that we have a new pole-sitter in the form of the Toyota Corolla. It’s no surprise that the Corolla has been raking in strong numbers under the program - it’s only the best-selling car ever!
There’s no shame in second place for the Focus, especially if you’re going up against a car that’s sold once every 40 seconds(!) Third place goes the ever-popular Honda Civic while fourth and fifth places belong to the Corolla’s cousins, the Toyota Prius and the Toyota Camry, respectively.
Continued after the jump.
As far as manufacturers are concerned, the General Motors Co. has raked in the lion’s share, albeit in tight contested fashion, with 18.7% of all new car sales. A close second is Toyota with a 17.9% percent share of sales and the third place belongs to Ford with 16%.
While there are really no trophies or points awarded to whoever comes on top, it’s still pretty fun to keep tabs on what car – and manufacturer – most Americans are buying under the CFC program. At the very least, bragging rights are up for grabs.