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Car sales tumble after Clunker program

October 2, 2009

CarsThe Jacksonville Observer reports that “the auto industry staggered through September, suffering from a massive cash-for-clunkers hangover that left sales down 41% compared with clunker-fueled August.”

“About 700,000 vehicles were sold through the program,” depleting inventory of many popular, fuel-effecient cars,  “so even people who wanted to buy in September may have had a hard time finding cars they wanted.”

Clunker Program’s Sales Bubble Has Burst [Jacksonville Observer]

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