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Cash for Clunkers scheme finishes in the US

American brand GM was second at 17.6% and Ford with 14.4% showing that the number of domestically manufactured cars had indeed increased in sales. The same cannot be said for Chrysler unfortunately who only managed 6.6%.The vehicles being traded in seemed to follow many people’s assumptions that people are more concerned over their fuel consumption and mileages as many in the top ten of vehicles traded in are large 4x4 gas guzzlers. The Ford Explorer and Jeep Grand Cherokee are two belonging to this category and are high up on the list.But here in the UK our scheme continues on, more than 35,000 new cars have been ordered since the scheme begun earlier in the year. The scheme is expected to continue for as long as the 300 million budget will last with March 2010 set as the ultimate deadline. The potential 2,000 breaks down as 1,000 from the government and 1,000 matched by the car manufacturer. Some brands are offering increased discounts which have helped even further increase the number of purchases but the scheme in general has been seen as a roaring success with many new, more economical cars on the road.About the Author:Phil has been writing on various car finance related subject such as used cars and car loans to help find the right car for you Article Source: ArticlesBase.com - Cash for Clunkers scheme finishes in the US



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23.10.2009


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