California new-car dealers continued to ring up solid sales in this years 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 Toyotas 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.
Call The Bees Mark Glover, (916) 321-1184.