NEWS FLASH: C.A.R.S. Program Statistics August 5, 2009 Dealer Transactions Number Submitted: 184,304 Dollar Value: $775.2M Top 10 New Vehicles Purchased 1. Toyota Corolla 2. Ford Focus FWD 3. Honda Civic 4. Toyota Prius 5. Toyota Camry 6. Hyundai Elantra 7. Ford Escape FWD 8. Dodge Caliber 9. Honda Fit 10. Chevrolet Cobalt New Vehicles Manufacturers General Motors 18.7% Toyota
17.9%
Ford
16.0%
Honda
11.6%
Chrysler
10.6%
Nissan
7.0%
Hyundai
6.6%
Kia
3.8%
Mazda
2.3%
Subaru
2.2%
Volkswagen
1.9%
Suzuki
0.4%
MINI
0.3%
Mitsubishi
0.3%
Smart
0.2%
Volvo
0.1%
All Other
0.1%
Nearly half of new vehicles purchased under the program were from the Big Three. The Big Three’s share in this program (45%) is equivalent to their overall share in the auto market (about 45%). Four of the top ten selling vehicles are manufactured by the Big Three. Of non-Big Three purchases, preliminary analysis suggests that well over half of these new vehicles were manufactured in the United States.
Top 10 Trade-in Vehicles 1. Ford Explorer 4WD 2. Ford F150 Pickup 2WD 3. Jeep Grand Cherokee 4WD 4. Jeep Cherokee 4WD 5. Dodge Caravan/Grand Caravan 2WD 6. Ford Explorer 2WD 7. Chevrolet Blazer 4WD 8. Ford F150 Pickup 4WD 9. Chevrolet C1500 Pickup 2WD 10. Ford Windstar FWD Van
Vehicles Purchased by Category Passenger Cars: 88,814 Category 1 Truck: 52,391 Category 2 Truck: 8,601 Category 3 Truck: 295 Thus far, 83% of trade-ins under the program are trucks, and 59% of new vehicle purchases are cars. The program is working far better than anyone anticipated at moving consumers out of old, dirty trucks and SUVs and into new more fuel-efficient cars.
Vehicle Trade-in by Category Passenger Cars: 24,903 Category 1 Truck: 99,186 Category 2 Truck: 24,931 Category 3 Truck: 1,081
Average Fuel Economy New vehicles Mileage: 25.3 MPG Trade-in Mileage: 15.8 MPG. Overall increase: 9.6 MPG, or a 61% improvement Cars purchased under the program are, on average, 21% above the average fuel economy of all new cars currently available, and 63% above the average fuel economy of cars that were traded in. This means the program is raising the average fuel economy of the fleet, while getting the dirtiest and most polluting vehicles off the road.
Requested Voucher Dollar Amount by State: ALABAMA: $7,087,000 ALASKA: $1,166,000 ARIZONA: $6,527,500 ARKANSAS: $4,455,000 CALIFORNIA: $39,926,500 COLORADO: $7,758,000 CONNECTICUT: $8,916,000 DELAWARE: $1,562,000 FLORIDA: $26,947,000 GEORGIA: $12,469,500 HAWAII: $963,500 IDAHO: $3,395,000 ILLINOIS: $33,740,000 INDIANA: $18,729,500 IOWA: $12,184,500 KANSAS: $9,729,000 KENTUCKY: $9,178,000 LOUISIANA: $5,400,000 MAINE: $5,450,000 MARYLAND: $11,757,000 MASSACHUSETTS: $13,844,500 MICHIGAN: $44,399,500 MINNESOTA: $30,182,500 MISSISSIPPI: $2,431,500 MISSOURI: $16,101,500 MONTANA: $1,732,500 NEBRASKA: $7,392,000 NEVADA: $2,009,000 NEW HAMPSHIRE: $5,474,500 NEW JERSEY: $13,744,500 NEW MEXICO: $2,366,000 NEW YORK: $32,440,000 NORTH CAROLINA: $18,472,000 NORTH DAKOTA: $3,302,000 OHIO: $37,653,000 OKLAHOMA: $7,532,000 OREGON: $10,229,500 PENNSYLVANIA: $32,994,000 RHODE ISLAND: $2,392,000 SOUTH CAROLINA: $7,164,000 SOUTH DAKOTA: $4,033,500 TENNESSEE: $11,117,000 TEXAS: $35,010,000 UTAH: $5,095,000 VERMONT: $2,376,000 VIRGINIA: $18,376,500 WASHINGTON: $12,351,000 WEST VIRGINIA: $2,769,500 WISCONSIN: $24,042,000 WYOMING: $530,000