Cash for Clunkers Helps Boost Ford Auto Sales

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The $3 billion federal Cash for Clunkers incentive helped Ford Motor Co. boost its August sales 16.8 percent versus the year-ago period, marking the second straight gain for the automaker.

The first manufacturer to release its monthly sales figures, Ford says it sold 176,323 cars and light trucks, compared with 151,021 in August of 2008. Volvo sales brought the total to 182,149 vehicles, up 17 percent from 155,690 a year ago.

According to Ford, its Focus and Escape marques were among the top selling cars under the Cash for Clunkers program.

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