Business & Real Estate

Report: Statewide new-vehicle sales top 1 million through first half of 2015

Statewide new-vehicle registrations in this year’s second quarter totaled 532,737, up nearly 10 percent from last year and pushing sales past the 1 million vehicle threshold through the first six months of 2015, according figures released Friday by the Sacramento-based California New Car Dealers Association.

CNCDA said the quarterly surge was driven in part by strong sales of new light trucks – 216,925 unit sales in this year’s second quarter, up 19.1 percent from the year-ago period.

CNCDA forecast calendar 2015 sales in California to come in at 1.99 million vehicles, more in line with pre-recession figures.

Last year’s new-vehicle sales of 1.84 million, including fleet sales, were up 8 percent over 2013. The all-time statewide record of 2.15 million new car sales was set in 2005.

In 2007, just before the recession crimped the automotive marketplace, new car purchases totaled 1.87 million statewide. In 2009, that dropped to 1.03 million units, the lowest volume since 1975.

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