Cash for who?

August 11, 2009 in Economics

A visualization from GOOD of the top 10 trade-ins and new vehicles under the "Cash for Clunkers" program reveals an interesting fact:

The top 10 trade-ins include 5 Fords, 2 Chevys, 2 Jeeps and a Dodge. You might recognize those names - they used to be powerhouse American brands.

Meanwhile, the top 10 new cars include just 1 each of Chevy, Dodge and Hyundai, 2 Fords, 2 Hondas and 3 Toyotas - quite a different composition. In particular, Toyota and Honda hold 4 out of the top 5 spots.

Discuss.

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