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Clunkers Closes With a Bang for Toyota, Honda
By: Phil LeBeau
The final numbers are in, and Cash for Clunkers ended with bang for Toyota and Honda, which both had three of the top-10 best selling models. Overall, Americans traded in 690,114 gas guzzlers and the Federal government expects to hand out $2.87 Billion in rebates to dealers.
The Top 10 Selling Models |
| 1. Toyota Corolla |
| 2. Honda Civic |
| 3. Toyota Camry |
| 4. Ford Focus FWD |
| 5. Hyundai Elantra |
| 6. Nissan Versa |
| 7. Toyota Prius |
| 8. Honda Accord |
| 9. Honda Fit |
| 10. Ford Escape FWD |
With three of the top 10 selling cars, it's not surprising Toyota accounted for almost 1 out of every 5 new fuel efficient models sold. Here's the breakdown on market share of clunker sales.
Market Share of Clunker Sales |
| MAKE | PERCENTAGE |
| Toyota | 19.4% |
| GM | 17.6% |
| Ford | 14.4% |
| Honda | 13.0% |
| Nissan | 8.7% |
| Hyundai | 7.2% |
| Chrysler | 6.6% |
| Kia | 4.3% |
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