Subaru Sales Up 34%; Ford Up 2%

Both Ford and Subaru signaled over the weekend that they would post year-over-year sales increases. And indeed they did.

Ford said July sales were 2 percent higher than July 2008, thanks to the Cash for Clunkers program, officially known as Car Allowance Rebate System (CARS).

Subaru sales soared 34 percent, with Cash for Clunker deals accounting for 40 to 50 percent of July sales. Most clunkers were traded for the popular Subaru Forester.

Posted by Michelle Krebs at 9:36 AM under Companies , Ford | Comments (0) | digg this | Seed Newsvine

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