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STUDY: Cash for Clunkers helped Japanese way more than Detroit 3

wickedstangs

Chula Vista, CA
Staff member
Administrator
<p>Filed under: <a href="http://www.autoblog.com/category/government-legal/" rel="tag">Government/Legal</a>, <a href="http://www.autoblog.com/category/chrysler/" rel="tag">Chrysler</a>, <a href="http://www.autoblog.com/category/ford/" rel="tag">Ford</a>, <a href="http://www.autoblog.com/category/gm/" rel="tag">GM</a>, <a href="http://www.autoblog.com/category/honda/" rel="tag">Honda</a>, <a href="http://www.autoblog.com/category/nissan/" rel="tag">Nissan</a>, <a href="http://www.autoblog.com/category/toyota/" rel="tag">Toyota</a></p><a href="http://content.usatoday.com/communities/driveon/post/2009/11/620001381/1"><img vspace="4" hspace="4" border="1" src="http://www.blogcdn.com/www.autoblog.com/media/2009/11/cfc_630-getty.jpg" alt="" /></a><br />
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While there is no question that <a href="http://www.autoblog.com/2009/05/05/breaking-lawmakers-reach-agreement-on-cash-for-clunkers-legisla/">Obama's Cash-for-Clunkers program</a> accelerated vehicle sales this summer, a new report by the University of Michigan's Transportation Research Institute shows the big winners were from Japan, not Detroit.<br />
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According to the study, nearly 85 percent of the trade-ins were from <a href="http://www.autoblog.com/make/gm/">General Motors</a>, <a href="http://www.autoblog.com/make/ford/">Ford</a>, and <a href="http://www.autoblog.com/make/chrysler/">Chrysler</a>, yet they only sold 39 percent of the new cars moved off the lots. On the other hand, 8 percent of the trade-ins came from <a href="http://www.autoblog.com/make/toyota/">Toyota</a>, <a href="http://www.autoblog.com/make/honda/">Honda</a>, and <a href="http://www.autoblog.com/make/nissan/">Nissan</a>, manufacturers who accounted for 41 percent of new car purchases. <br />
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While these numbers may be justified by the large quantity of inefficient domestic trucks and SUVs that were deemed clunkers, customer loyalty also seems to have taken a big shift. About 68 percent of owners who traded in Toyota, Honda, or Nissan vehicles replaced them with another from one of those Japanese brands, while only 43 percent of consumers who traded in Detroit steel purchased another General Motors, Ford, or Chrysler product. The program <a href="http://www.autoblog.com/2009/10/29/edmunds-cash-for-clunkers-cost-taxpayers-24k-per-car-not-4k/">cost the U.S. taxpayers about $3 billion</a>. <br />
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[Source: <a href="http://content.usatoday.com/communities/driveon/post/2009/11/620001381/1">USA Today</a> | Image: Justin Sullivan/Getty]<p style="padding:5px;background:#ddd;border:1px solid #ccc;clear:both;"><a href="http://www.autoblog.com/2009/11/13/study-cash-for-clunkers-helped-japanese-way-more-than-detroit-3/">STUDY: Cash for Clunkers helped Japanese way more than Detroit 3</a> originally appeared on <a href="http://www.autoblog.com">Autoblog</a> on Fri, 13 Nov 2009 19:30:00 EST. Please see our <a href="http://www.weblogsinc.com/feed-terms/">terms for use of feeds</a>.</p><h6 style="clear: both; padding: 8px 0 0 0; height: 2px; font-size: 1px; border: 0; margin: 0; padding: 0;"></h6><a href="http://www.autoblog.com/2009/11/13/study-cash-for-clunkers-helped-japanese-way-more-than-detroit-3/" rel="bookmark" title="Permanent link to this entry">Permalink</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/forward/19236527/" title="Send this entry to a friend via email">Email this</a>&nbsp;|&nbsp;<a href="http://www.autoblog.com/2009/11/13/study-cash-for-clunkers-helped-japanese-way-more-than-detroit-3/#comments" title="View reader comments on this entry">Comments</a>


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IgottaV8

Wickedstangs Road Racing Team
Staff member
Moderator
Board Member
Ahhh, but I see a little import on the right side of the pic, can't fool me!!!!
 

Fighting Sailor

San Angelo TX
Well, whaddaya no! Some can attest that I said this would happen.... They are selling us off bit by bit... God damn liberals, and thier God damn social programs. Makes me sick..
 

Räge

Well-Known Member
did they really think that this wouldn't happen? customer satisfaction from foreign car companys has almost always been higher than Domestic. Hondas for one... those cars nearly ALL see over 200k miles every year with nothing more than basic maintenance. the Ford focus for example from 2004 couldn't even stay together for over two years due to bad motor mounts, transmision mounts, and half shafts
 
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