With light-truck sales exceeding passenger car transactions for the first time in recent history, Californiaâ€™s new-car sales are again expected to exceed 2 million vehicles in 2017, according to the Sacramento-based California New Car Dealers Association.
CNCDA released its second-quarter 2017 report Tuesday, showing 1.026 million new-car sales in the January-to-June period, down 2 percent year over year.
That slight decline was no surprise, as numerous experts have been saying that Californiaâ€™s red-hot auto sales market will slow down throughout 2017. Even so, CNCDA projected 2.05 million new-vehicle sales statewide by the conclusion of this year.
â€śAs the economy is flattening out after recovering from the Great Recession, our industry is doing the same, but California continues to outperform the rest of the country,â€ť said Cheryl Bedford, CNCDA chairperson.
The quarterly CNCDA report noted that light-truck sales â€“ a broad category that includes pickups, sport-utility vehicles and vans â€“ accounted for slightly more than 50 percent of the statewide new-vehicle market share in the first half of 2017.