06/26/2022

California’s car buying boom continues

The car industry’s winning streak in California continues.

For the first three months of this year, registrations for new cars sold exceeded 500,000, a 3.8 percent improvement over the first quarter of 2015, marking the 22nd consecutive year-over-year increase in quarterly registrations.

The state is on track to top 2 million new vehicle registrations for the second straight year.

“We’re a car state,” said Brian Maas, president of the California New Car Dealers Association, which released the new figures last week. “Passenger cars are king.”

View Article