Southern California auto sales drop 9%: Dip from peak or warning signal?

By Jonathan Lansner

Local auto sales are off to a sluggish start to 2018 and it gets me wondering: Is this an industry-specific blip or broader bad news for the Southern California economy?

Getting a new car was the hot thing to do in the region once the economy reversed back into higher gear after the Great Recession. Southern California auto shopping hit various sales peaks back in 2015 and 2016 but last year the buying pace slowed. And that braking in the buying pace has run into 2018, say reports released by the Southland Motor Car Dealers Association and the Orange County Automobile Dealers Association.

Here are seven [READ MORE HERE]

Source: OC Register

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