GNYADA December 2016 NY Auto Outlook

USED VEHICLE REPORT

METRO AREA USED CAR AND LIGHT TRUCK REGISTRATIONS October August‘16 – October‘16 YTDThrough October 2016 2015 % change Current Previous % change 2016 2015 % change

64,452 51,722 24.6% 173,932 167,897 3.6% 595,108 575,201 3.5 %

INDUSTRY TOTAL

Cars

33,964 28,037 21.1% 93,463 92,546 1.0% 323,824 317,951 1.8%

PG: 6 new york auto outlook : NEW & USED VEHICLE MARKET December 2016 Issue Registrations -5% 0% 5% 10% 15% 20% 19.0 Light Trucks Detroit Three European Japanese Korean 2-year-old vehicles 3-year-old vehicles 4-year-old vehicles 5-year-old vehicles

30,488 23,685 28.7% 80,469 75,351 6.8% 271,284 257,250 5.5%

22,109 18,260 21.1% 58,866 59,148 -0.5% 203,321 202,335 0.5%

9,683 7,905 22.5% 26,430 25,256 4.6% 91,629 88,547 3.5%

29,685 23,180 28.1% 80,460 75,700 6.3% 272,160 258,692 5.2%

2,975 2,377 25.2% 8,176 7,793 4.9% 27,998 25,627 9.3%

1-year-old vehicles or newer

6,835 4,713 45.0% 17,454 13,504 29.3% 46,435 39,014 19.0%

5,550 4,654 19.3% 14,382 14,069 2.2% 42,589 43,338 -1.7%

5,946 4,078 45.8% 17,954 13,889 29.3% 66,587 57,843 15.1%

2,661 2,122 25.4% 7,205 7,358 -2.1% 29,257 28,717 1.9%

2,508 1,870 34.1% 6,595 6,446 2.3% 22,978 21,716 5.8%

6-year-old vehicles or older

40,952 34,285 19.4% 110,342 112,631 -2.0% 387,262 384,573 0.7%

Data Source: IHS Markit.

Percent Change in Used Registrations by Vehicle Age YTD 2016 Through October vs YTD 2015

Registrations for three-year-old vehicles increased by 15.1% so far this year.

15.1

5.8

0.7

1.9

-1.7

1-year-old or newer vehicles

2-year-old vehicles

3-year-old vehicles

4-year-old vehicles

5-year-old vehicles

6-year-old vehicles