California New Car Dealers Association Releases First Quarter Auto Outlook
California New Car Dealers Assn. releases “California Auto Outlook” for first quarter of 2022, findings include that total new vehicle registrations dropped 13.8% compared to first quarter of 2021 — 493,160 total registrations in 2021 compared to 425,216 in 2022; also reports “electric vehicles, hybrids and plug-in hybrids have captured a record-high 28.3% market share in California – up 5% from last year” with the Tesla Model Y being the top seller with 21,812 registrations.
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The full Q1 California Auto Outlook, containing a detailed breakdown of auto sales, including brand comparisons, segment totals, and more, can be found by clicking here.