Aug. 4 (Bloomberg) -- Four of the top five models sold so far under the U.S. “cash for clunkers” program, aimed at boosting the auto industry, are made by foreign automakers, according to Transportation Department data.
Ford Motor Co.’s Focus was the top seller, followed by Toyota Motor Corp.’s Corolla, Honda Motor Co.'s Civic and Toyota’s Prius and Camry, data from the department showed today.
Looks like the United Auto Workers are not gonna get another heavy dose of taxpayer relief as eighty percent of the top models are not American manufacturers. The Obongo administration is also not releasing the data on this program either. Over 150,000 requests for clunker rebates have been received so far from auto dealers but we don't know how many were for Ford vehicles.
This could be embarassing for Obongo and his Circus Czars. American consumers could be reacting to the unprecedented federal takeover of automobile manufacturers and the blatant support of UAW pension funds with taxpayer money. I would really like to see the numbers on these rebate requests.
I bought a Ford last year for myself and a Chevy for my wife the year before. I will never own another Chevy or Chrysler after this years corporate buy out. Ford did not receive one, but they still employ UAW workers and I doubt that I will allow the UAW to build another car for me.
