California New-Car Sales Recovering
The California New Car Dealers Association (CNCDA) announced that registrations of new cars and trucks in California continued to increase through the third quarter.
SACRAMENTO – The California New Car Dealers Association (CNCDA) announced that registrations of new cars and trucks in California continued to increase through the third quarter.
“Serious car buyers are returning to the market and fueling the California auto industry’s slow but steady recovery,” said Peter Welch, CNCDA president.
California’s new-vehicle registrations increased 14.6 percent during the first nine months of this year versus a year earlier, higher than the 10.3 percent improvement in the U.S. market. Fourth-quarter sales are forecasted to continue to increase throughout the state.
The California Auto Outlook Third Quarter 2010 Market Report provides comprehensive information on the state’s new vehicle market with charts and graphs. The report includes: a segment watch, including the top selling vehicles in each segment; a market perspective, comparing California nationally; brand scoreboards; a regional recap and more. The complete report can be accessed on CNCDA’s website at www.cncda.org.
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