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.
As the industry recovers, California continues to serve as the bellwether state for car sales nationwide.
The California market realized its 14th consecutive quarterly increase in new-car sales. The state dealer group predicts dealers will close out 2012 with nearly 1.6 million units sold.
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