 |
|
|
Updated: 5:09 PM Oct 1, 2009
Cash for Clunkers Takes Bite Out of Auto Sales
American automakers see sales fall in September. Posted: 2:41 PM Oct 1, 2009Reporter: Associated Press |
|
3 Comments 
GM, Chrysler and Ford say their September sales fell, revealing a tough hangover from this summer's Cash for Clunkers buying spree.
But Hyundai bucked the trend, reporting a 27-percent rise in sales last month over a year earlier.
Automakers got a big lift in July and August from clunkers, which spurred sales of nearly 700,000 new cars and trucks. The government program's big discounts lured in many customers who otherwise would have waited until later in the year to walk into dealerships.
General Motors Corp. says sales fell 45 percent from a year earlier. Chrysler Group LLC says sales slid 42 percent. Ford Motor Co. was down 5.1 percent, breaking a two-month streak of gains.
| WILX Stock Quotes |
| Stock Ticker |
Independent Bank Updates
Independent Bank associate King-Fuller joins United Way Board of Directors
Robin King-Fuller, bank manager of Independent Bank’s Mason location, has joined the Mason Area United Way board of directors. King will serve a three-year term.
— Julie Morgan has been promoted to bank manager, & Garrett Bensinger has been promoted to assistant vice president.
Independent Bank associate King-Fuller joins United Way Board of Directors
In 2008, Independent Bank associates throughout Michigan worked with local community groups and schools to educate children and adults of all ages about the importance of money management, saving and financial responsibility.
