EVs eclipse 20% share of market for the first time.
In January, Tesla Inc. lead U.S. luxury market sales, lapping segment leader BMW in new vehicle registration, finds Experian data.
Electric vehicle registrations jumped 95% to 133,509 in January through April, compared to the same period in 2020.
The analysis, which looked at more than 1.9 million return-to-market events during the first quarter, found that 63% of SUV/CUV owners who returned to market for a new vehicle during the first quarter purchased another SUV or CUV.
The California New Car Dealers Association has selected DMVdesk to be the organization's preferred registration solution for California dealers.
Despite opposition from state dealers, the Iowa Department of Transportation has proposed a hike in registration fees from 5 to 6 percent. The state dealer association claims the increase will hurt sales.
New-vehicle registrations were up 13.8 percent in the third quarter vs. one year ago, the largest increase this year, according to the CNCDA.
New-vehicle registrations were up 25.3 percent in 2012 vs. the year prior, according to the state’s dealer group. The increase in new-vehicle sales outpaced gains made nationally.
Compact, subcompact and pickup segments will push industry up 6.6 percent over 2012, Polk predicts. The firm also says the industry will return to the 16 million-unit level by 2015.
Gov. Jerry Brown signed legislation on Sept. 26 that will allow California auto dealers to raise document fees by at least $25.
media brand
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In