Pub. 9 2021-2022 Issue 2
26 -29.5% -13.1% 8.8% -23.1% -5.2% 24.7% -50.0% -25.0% 0.0% 25.0% 50.0% Sep. '21 & Oct. '21 v. Sep. '20 & Oct. '20 Aug. '21 thru Oct. '21 v. Aug. '20 thru Oct. '20 YTD '21 thru Oct. v. YTD '20 Cars Trucks -50% -20% 10% 40% 70% 100% 2/20 4/20 Avg. 3/20 5/20 Avg. 4/20 6/20 Avg. 5/20 7/20 Avg. 6/20 8/20 Avg. 7/20 9/20 Avg. 8/20 10/20 Avg. 9/20 11/20 Avg. 10/20 12/20 Avg. 11/20 1/21 Avg. 12/20 2/21 Avg. 1/21 3/21 Avg. 2/21 4/21 Avg. 3/21 5/21 Avg. 4/21 6/21 Avg. 5/21 7/21 Avg. 6/21 8/21 Avg. 7/21 9/21 Avg. 8/21 10/21 Avg. % change vs. year earlier Released: November 2021 Covering data thru October 2021 TM Sponsored by: New retail car and light truck registrations in the county increased 18.1% during the first ten months of 2021 versus the same period a year earlier. The increase was stronger than the estimated 12.9% increase in the Nation. The market declined 25.6% during Septem- ber and October combined, versus year-earlier results. Monthly declines are expected to ease in November and December of this year. Registrations improved by more than 34% so far this year for the following brands: Genesis, Tesla, Mitsubishi, Cadillac, BMW, Porsche, and Kia. Quick Facts Data Information Data presented in Auto Outlook measures new retail vehicle registrations in Los Angeles County. Monthly recording of registrations occurs when vehicle title informa- tion is processed, which may differ from date of sale. Title recording can occasionally be subject to processing delays by governmental agencies. For this reason, the year-to-date figures will typically be more reflective of market results Data Source: AutoCount data from Experian. Los Angeles Auto Outlook Comprehensive information on the LA County new vehicle market Percent Change in LA County New Retail Light Vehicle Registrations % Change in Three Month Moving Average of New Retail Registrations vs. Year Earlier Los Angeles County New Retail Car and Light Truck Registrations Sep. and Oct. Combined Aug. '21 thru Oct. '21 YTD thru Oct. Previous Current % chg. Previous Current % chg. 2020 2021 Chg. Industry Total 74,943 55,724 -25.6% 104,510 95,779 -8.4% 311,373 367,580 18.1% Cars 30,008 21,165 -29.5% 42,184 36,678 -13.1% 130,658 142,175 8.8% Light Trucks 44,935 34,559 -23.1% 62,326 59,101 -5.2% 180,715 225,405 24.7% The graph above provides a clear picture of the trending direction of the LA County market. It shows the year-over-year percent change in the three month moving average of new retail light vehicle registrations. The three month moving average is less erratic than monthly registrations, which can fluctuate due to such factors as the timing of manufacturer incentive programs, weather and title processing delays by governmental agencies. Data Source: AutoCount data from Experian. Data Source: AutoCount data from Experian. Data Source: AutoCount data from Experian.
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