The U.S. auto market experienced its weakest August sales since 1983. Overall sales dropped by 21 percent compared to last August, when the Cash for Clunkers programs gave an all-too-brief boost to car sales.
Gas-electric hybrids, which disproportionately benefited from Clunkers a year ago, took a harder fall in August, dropping by 38 percent compared to last year. In a rare bright spot, the Ford Fusion Hybrid—a vehicle that racked up numerous “Car of the Year” awards in 2010—saw big gains in sales in August. Ford sold 3,010 Fusion Hybrids—up from 1,226 a year ago and nearly double from last month’s sales.
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