2015 Economic Impact of Franchised New Car Dealers

vehicle sales in metro area

Metro Area New Vehicle Sales

600,000

Observations • Since 2009, the area new vehicle market has been an engine of growth for the area economy. • New vehicle sales declined to less than 385,000 units in 2009, but increased to more than 554,000 units by 2014.

500,000

554,054

531,573

400,000

501,070

450,850

452,076

449,172

432,032

300,000

384,763

200,000

100,000

0

2007 2008 2009 2010 2011 2012 2013 2014

Source: IHS Automotive.

554,000 New vehicle sales in 2014, marking fifth straight year of growth

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