(The following press release from the California New Car Dealers Association was received by e-mail and was reformatted. The sender verified the statement.) FOR IMMEDIATE RELEASE: January 18, 2013 California's 2012 New Vehicle Sales on a Winning Streak SACRAMENTO - The California New Car Dealers Association (CNCDA) announced that 2012 new vehicle registrations in California increased 25.3 percent over 2011. California's new car sales increases are still outpacing the national sales that were up 13.4 percent versus 2011. Over 1.6 million new cars and light trucks were purchased during 2012, numbers that we have not seen since 2007. "With California's economy on the rebound, consumers feel confident again about buying a new car and there has never been a wider selection of models to choose from." said Darryl Holter, CNCDA Chairman who operates the Downtown L.A. Auto Group of eight dealerships. The California Auto Outlook Fourth Quarter 2012 Market Report provides comprehensive information on the state's new vehicle market with charts and graphs. The report includes: a market perspective, comparing California nationally; brand scoreboards; a regional recap and more. Click here<http://www.cncda.org/secure/GetFile.aspx?ID=2443> to view the complete report on CNCDA's website www.cncda.org<http://www.cncda.org/>. California Auto Outlook, is produced for CNCDA by Auto Outlook, Inc., an independent research company specializing in the analysis of statewide and regional automotive markets. Data Source: AutoCount data from Experian Automotive. About CNCDA The California New Car Dealers Association is the country's largest state association of franchised new car and truck dealers representing nearly 1,300 dealers. CONTACT: Kim McPhaul (916) 441-2599 office firstname.lastname@example.org (kgt)NY
CNCDA:CALIFORNIA '12 NEW VEHICLE REGISTRATIONS ROSE 25.3% VS '11
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