California Auto Outlook
California Auto Outlook TM Publication Sponsored By: Comprehensive information on the California vehicle market Volume 16, Number 3 Released August 2020 Covering Second Quarter 2020 Sales Low Point Likely Reached in Second Quarter; 11 Percent Increase Predicted for 2021 California Annual New Light Vehicle Registrations - 2008 thru 2021 New vehicle registrations in Cal- ifornia are expected to decline to 2.5 2.21 1.63 million units in 2020, down 2.16 2.20 2.15 2.09 ANNUAL 1.93 22 percent from last year. 1.80 1.81 2.0 1.62 1.63 TRENDS 1.45 Latest projections are for the 1.29 1.5 1.17 1.04 market to exceed 1.8 million units 1.0 in 2021, an increase of more than 10 percent from this year. 0.5 Although the trend is positive, New vehicle regs. (millions) 0.0 sales will be subject to periods '08 '09 '10 '11 '12 '13 '14 '15 '16 '17 '18 '19 '20* '21* of ups and downs due to possible Years surges in the virus and any busi- Historical data source: AutoCount data from Experian. *‘20 and ‘21 forecasts by Auto Outlook. ness shutdowns. California Total New Light Vehicle Registrations and U.S. New Vehicle Sales - YTD 2019 & 2020, thru June California U.S. YTD '19 YTD '20 Change YTD '19 YTD '20 Change Registrations California new light vehicle mar- TWO YEAR TOTAL 1,075,658 786,219 -26.9% 8,471,317 6,480,506 -23.5% ket declined 26.9 percent during Car 457,835 294,783 -35.6% 2,523,734 1,620,012 -35.8% the first six months of this year PERSPECTIVE Light Truck 617,823 491,436 -20.5% 5,947,583 4,860,494 -18.3% versus a year earlier.
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