Nov. 15--California new-car dealers continued to ring up solid sales in this year's third quarter.
In the latest quarterly report from the Sacramento-based California New Car Dealers Association, quarterly new motor vehicle sales totaled 438,616, up 13.8 percent from 385,365 in the third quarter of 2012. It was the 12th consecutive quarterly year-over-year improvement.
Through nine months this year, there were 1,289,250 new car and light truck registrations (including fleet transactions), a 12.9 percent increase over 1,141,689 in the year-ago period.
The dealers group predicted that statewide new-vehicle registrations at the close of 2013 will total more than 1.7 million, compared with about 1.53 million in 2012. That would represent a year-over-year improvement of slightly more than 11 percent.
"After a long, deep recession, franchised dealers are meeting the increased demand for new vehicles," said Darryl Holter, CNCDA chairman. "We're hiring more workers, providing more sales tax revenue to cities and the state and contributing to our communities."
CNCDA said Toyota's Prius continued to hold on to its status as the best-selling new car in California. The Prius hybrid, which comes in multiple variations, accounted for 54,063 registrations in the first nine months of the year, just ahead of 50,580 for the Honda Civic.
The Prius was the best-selling new car in California in 2012, with 60,688 registrations.
(c)2013 The Sacramento Bee (Sacramento, Calif.)
Visit The Sacramento Bee (Sacramento, Calif.) at www.sacbee.com
Distributed by MCT Information Services
Original headline: New-car sales continue to grow throughout California
Most Popular Stories
- Steve Ballmer Files Six-Figure Counterclaim vs. Steve Gordon
- Creepers! Microsoft Buys 'Minecraft' Maker for $2.5 Billion
- Back to School, Even in Immigration Jail
- Hispanic Buying Power Slow but Growing in South
- When to Say No to Investors, Yes to Mentors
- Apple: Record iPhones 6 Orders on 1st Day
- U.S. Factory Output Slowed 0.4 Percent in August
- Is a Mayweather, Pacquiao Big-Money Fight Possible?
- Clinton: 'Fabulous to Be Back' in Iowa
- DOJ Launches Program to Thwart U.S. Extremists