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Transcript: 'Cash For Clunkers' Drives Sales Of Foreign Models
- Article from:
- NPR Morning Edition
- Article date:
- August 25, 2009
- Author:
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STEVE INSKEEP
NPR Morning Edition
08-25-2009
'Cash For Clunkers' Drives Sales Of Foreign Models
Host: STEVE INSKEEP
Time 11:00-12:00 PM
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STEVE INSKEEP, host:
The Cash for Clunkers program ended last night. This car trade-in program was designed to boost auto sales, get more energy-efficient vehicles on the roads, and also, incidentally, help struggling Detroit car companies. But the biggest beneficiaries, according to the government, were foreign makes.
NPR's Frank Langfitt reports.
FRANK LANGFITT: As of last Friday, 59 percent of the vehicles bought with clunkers cash were foreign. The top two sellers: the Toyota Corolla and Honda Civic. The only Detroit vehicles in the top 10 ...