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In the latest report from California New Car Dealers Association (CNCDA), total new light-duty vehicle registrations in the second quarter of 2022 were largely unchanged from the first quarter, but were off 17.5% from the same period in 2021, and down roughly the same compared to the same quarter in pre-pandemic 2019. Total sales for the year are now expected to be just slightly below the 1.86 million seen in 2021. The limiting factor continues to be constrained production levels and dealer inventory.
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