California: new light vehicle registrations 2009-2023
New light vehicle registrations in California came to approximately 1.8 million units in 2023, a year-on-year rise of 11.9 percent. Following the 2008-09 financial crisis, registrations dropped to just around one million units in 2009. The new vehicle market grew back quickly over the course of several years but began to stagnate in 2016. The American automotive industry faced new challenges in 2021 and 2022 due to the automotive semiconductor shortage.