10.24.2011

State Auto Sales Up in Third Quarter Over Last Year

 

New vehicle registrations increased 9.4 percent versus the same period last year, according to the California New Car Dealers Association. 

It’s the ninth consecutive quarterly sales increase.  

The association predicts 2011 sales for the full year will be nearly 11 percent higher than 2010. 

“Recession weary Californians are starting to replace worn-out cars,” said the association’s chair, Steve Snyder, who operates Gold Rush Chevrolet-Subaru in Auburn. 

“Consumers should see great bargains the final quarter of the year because Japanese auto manufacturers have recovered from the earthquake and tsunami and will once again be able to go toe-to-toe with their competitors.”

The full quarterly report also predicts increased sales in 2012. 

Of the top 10 selling autos in 2011 through September, none are American-made. The Honda Civic and the Honda Accord take the top two spots, respectively. Toyota Camry, Prius and Corolla round out the top five.      

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Filed under: Budget and Economy



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