Asia comes out on top in latest American cash giveaway. No problem, & pattern continues. We gave Chrysler to Europe's Fiat. Africa is next in line.
From The New York Times:
The cash-for-clunkers program turned out to be a boon for Asian automakers and the small cars they specialize in.
While American government officials hailed the monthlong program, which ended this week, as an overall stimulus to the economy, the biggest winner was Toyota, which accounted for 19 percent of all sales and had two of the top three best-selling models.
The cash-for-clunkers program turned out to be a boon for Asian automakers and the small cars they specialize in.
While American government officials hailed the monthlong program, which ended this week, as an overall stimulus to the economy, the biggest winner was Toyota, which accounted for 19 percent of all sales and had two of the top three best-selling models.
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