A recent news story reveals the true story of the cash for clunkers program.

While the headline reads Auto Industry Posts Best US Sales of Year and the cash for clunkers program is attributed to the boost, as always, the devil is in the details…

Fords Sales were up 17%

GM was down 20%

and Chrysler was down 15%

Hyundai and most Japanese Car Makers (except Nissan) we also reporting growth in sales.

So where did the cash for clunkers money go? It appears it went to Ford and Imports.

Why isnt the headline Obama fails to capitalize on Cash For Clunkers Program since its clear that GM did not gain from the program?

Are people turning away from GM since they are now government run?

All questions I would like to hear your opinion on.

Kevin