ZEV Reports

The latest new vehicle sales data from California New Car Dealers Association shows that while Californians’ purchases of new cars and trucks remains above the 2 million mark, total sales have eased slightly from their 2016 peak.  Key findings from the data: 

• Total light vehicle sales in 2017: 1.051 million. Down 2.0% from 2016.

• 2017 Market share, cars:  48.7%. Down from 53.1% in 2016.

• 2017 Market share, light trucks: 51.3%. Up from 46.9% in 2016.

• California average price per gallon regular gasoline, 2017:Q4: $2.74. Down from $2.79 in 2016:Q4.

The latest new vehicle sales data from California New Car Dealers Association shows Californians remain on track to exceed 2 million new light vehicle purchases in 2017, although sales are beginning to ease from comparable levels a year ago. Key findings from the data: 

• Light Trucks Continue to Exceed Half of New Vehicle Sales

• Total light vehicle sales in 2017:Q3: 518,080. Down 2.8% from 2016:Q3.

• 2017:Q3 Market share, cars:  48.7%.  Down from 52.8% in 2016:Q3.

• 2017:Q3 Market share, light trucks:  51.3%.  Up from 47.2% in 2016:Q3.

• California average price per gallon regular gasoline, 2017:Q3:  $3.05.  Up from $2.77 in 2016:Q3.

The latest second quarter new vehicle sales data from California New Car Dealers Association  shows slowing growth in Californians’ purchases of new cars and trucks, although sales remain on track to exceed 2 million once again in 2017. Key findings from the data:

• Total light vehicle sales in 2017:Q2 YTD:  1,026,882.  Down 2.0% from 2016 through Q2.

• 2017:Q2 YTD market share, cars:  49.9%.  Down from 54.9% in 2016:Q2.

• 2017:Q2 YTD market share, light trucks:  50.1%.  Up from 45.1% in 2016:Q2.

• California average price per gallon regular gasoline, 2017:Q2:  $3.02.  Up from $2.81 in 2016:Q2.

The latest new vehicle sales data from California New Car Dealers Association  shows continued but slowing growth in Californians’ purchases of new cars and trucks.  Key findings from the data: 

• Total light vehicle sales in 2017:Q1:  506,745.  Up 0.7% from 2016:Q1.

• 2017:Q1 Market share, cars:  50.2%.  Down from 55.7% in 2016:Q1.

• 2017:Q1 Market share, light trucks:  49.8%.  Up from 44.3% in 2016:Q1.

• California average price per gallon regular gasoline, 2017:Q1:  $2.89.  Up from $2.61 in 2016:Q1.

The latest new vehicle sales data from California New Car Dealers Association shows continued but slowing growth in California’s purchases of new cars and trucks.  Key findings from the data:

• Total light vehicle sales in 2016 Q2:  542,565.  Up 1.8% from 2015 Q2.

• Market share, cars:  54.8%.  Down from 59.3% in 2015 Q2.

• Market share, light trucks:  45.2%.  Up from 40.7% in 2015 Q2.

• California average price per gallon regular gasoline, 2016 Q2:  $2.81.  Down from $3.50 in 2015 Q2.

The latest new vehicle sales data from California New Car Dealers Association shows continued but slowing growth in California’s purchases of new cars and trucks.  California consumers are now buying qualifying zero emission vehicles at an annual rate of 71,000, but will need to bump these purchases up to 175,000 a year in order to meet the state’s 2025 goal.  Key findings from the data are below.

• Total light vehicle sales in 2016 Q3:  531,514.  Essentially level with 2015 Q3 sales.

• Light vehicle market share, cars:  53.7%.  Down from 58.8% in 2015 Q3.

• Light vehicle market share, light trucks:  46.3%.  Up from 41.2% in 2015 Q3.

• California average price per gallon regular gasoline, 2016 Q3:  $2.77.  Down from $3.47 in 2015 Q3.

The latest new vehicle sales data from California New Car Dealers Association  shows continued but slowing growth in California’s purchases of new cars and trucks.  Key findings from the data: 

• Total light vehicle sales in 2016 Q2:  542,565.  Up 1.8% from 2015 Q2.

• Market share, cars:  54.8%.  Down from 59.3% in 2015 Q2.

• Market share, light trucks:  45.2%.  Up from 40.7% in 2015 Q2.

• California average price per gallon regular gasoline, 2016 Q2:  $2.81.  Down from $3.50 in 2015 Q2.

As part of the AB 32 climate change program, Executive Order B-16-2012 administratively created a goal of 1.5 million zero-emission vehicles (ZEVs) on California roads by 2025, with a sub-goal that their market share is expanding at that point.

• Sales of all light vehicles continue to increase, although at a decelerating rate. New vehicle registrations in 2016 Q1 were up 3.8% compared to 2015 Q1.

• As fuel prices have declined from the $4 a gallon level and higher in 2013 and 2014, consumers’ buying preferences have shifted back more to light trucks. Similar to the national pattern, new car registrations were down 2.0% in 2016 Q1, while light truck registrations were up 12.5%. Overall, market share for new cars declined from 63% at the beginning of 2013, to 56.6% in Q1 2016. Light trucks went from 37% to 43.4%.

• PEVs saw a small decline in market share, going to 2.8% in Q1 2016 vs. 3.0% in 2015 and the previous high of 3.2% in 2014.

• PEVs and Hybrids combined dropped to 7.6% in Q1 2016 compared to 8.8% in 2015 and the previous high of 9.5% in 2013. Rather than bringing in a wider base of customers, increased PEV sales in part are coming from a shift of the same customer base now willing to buy a PEV instead of a hybrid as additional models have become available.

• New PEV registrations increased only 572 from Q1 2015, to a total of 13,978.