CaliforniaAutoOutlookTMPublicationSponsoredBy:ComprehensiveInformationontheCaliforniaVehicleMarketVolume20,Number3CoveringSecondQuarter2024ReleasedJuly2024CaliforniaNewLightVehicleRegistrationsPredictedtoIncreaseSlightlyin2024CaliforniaAnnualNewLightVehicleRegistrations-2009thru2024KEYTRENDSINNEWVEHICLEANNUAL2.5TRENDSMARKETNewvehicleregs.(millions)2.01.661.781.992.032.031.991.891.771.771.80Keyfactorboostingstatenew1.491.601.58vehiclemarket:existingvehiclefleetisold.Nationalaverage1.51.19ageofvehiclesinoperationhasreachedanall-timehigh.1.00.961.08Noquestion,modernvehiclesarebuiltbetterandlastlonger,0.5buttoday’smodelsoffermanyupgradedfeatures.Passive0.0an...