Image may be NSFW.
Clik here to view.
The new vehicle market sputtered in the second quarter of the year according to the California New Car Dealers Association.
New vehicle registrations were up by just 1.8 percent in the second quarter, down from a 3.9 percent increase in the first quarter. Both those numbers are well off the 11.1 percent growth that was seen in 2015.
The unanswered question for dealers is will the numbers stabilize or continue to delcine, resulting in declining sales.
Sub-compacts are still the most popular type of car registered in California. The Honda Civic led all cars with 44,757 registration followed by the Toyota Corolla. The Ford F-Series was the most popular truck in the state followed by the Chevrolet Silverado.
The post California’s new vehicle market sputters in first half or year appeared first on Central Valley Business Journal.
