Big winners in Cash for Clunkers: Toyota, Honda, and Nissan; Parts business bad

hdxpedx

Veteran Expediter
Fleet Owner
The Obama administration spent three billion dollars subsidizing the destruction of 700,000 vehicles in order to boost car sales. Which auto makers actually benefited from these American tax subsidies? Reuters reports that foreign car manufacturers gained market share, while the two bailed-out American automakers lost significant portions of theirs in the big summer sale. Only Ford managed to hold its own:

Remember the post!! PARTS business was going to P/U!= FAILED!
YO YO YO BRO could you use some FREE WHEELS for your family?? OH sorry--Rich AL GORK and RICH O'bumer crushed 700,000 usable cars--!! SORRY dude-O'bumer saids TELL your KIDS the bus stop is down the street!
 
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