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New car sales in California dropped dramatically in March and April, but have rebounded over the last few months. Nonetheless, new car sales remain well below pre-COVID19 levels.
The graph below shows one measure of new car sales, the value of newly-registered vehicles, for August 2020. New vehicle registrations for August reflect spending on new cars in July and August. New registrations totaled $5.6 billion in August, almost double the amount in April, but still about 15 percent below August 2019.
