CARS program

Ford may be the only American carmaker reporting a rise in sales for July, but Detroit's beleaguered trio didn't fare too badly - almost half of the fuel-efficient upgrades sold in the CARS 'cash for clunkers' bonanza were GM, Ford or Chrysler vehicles, according to the White House. Only little over 80,000 of the clunkers deals have been processed by the NHTSA so far, with the American carmakers claiming 47% of the take. It will take a while - possibly months - for the final tally to be released, but the early numbers could be a good sign for the Detroit 3. Another $2 billion in funding is...