GNYADA December NY Auto Outlook

USED VEHICLE REPORT

PG: 7 NEW & USED VEHICLE MARKET : new york auto outlook December 2014 Issue

METRO AREA USED CAR AND LIGHT TRUCK REGISTRATIONS October AugustThru October YTDThru October 2014 2013 % change Current Previous % change 2014 2013 % change

44,942 43,168 4.1% 147,933 144,536 2.4% 486,533 495,376 -1.8 %

INDUSTRY TOTAL

Cars

24,505 24,227 1.1% 81,922 81,925 0.0% 270,033 281,502 -4.1% 20,437 18,941 7.9% 66,011 62,611 5.4% 216,500 213,874 1.2% 16,023 15,638 2.5% 51,835 52,211 -0.7% 172,620 182,387 -5.4% 7,165 6,492 10.4% 23,726 21,827 8.7% 76,645 74,368 3.1% 19,712 19,276 2.3% 65,654 64,497 1.8% 216,345 218,932 -1.2% 2,042 1,762 15.9% 6,718 6,001 11.9% 20,923 19,689 6.3% 4,535 4,006 13.2% 13,143 12,031 9.2% 32,959 33,035 -0.2% 3,946 3,716 6.2% 12,253 11,936 2.7% 33,631 34,859 -3.5% 3,989 3,566 11.9% 14,474 12,988 11.4% 51,679 48,801 5.9% 1,796 1,524 17.8% 5,822 5,225 11.4% 22,248 20,313 9.5% 1,557 2,121 -26.6% 5,089 6,944 -26.7% 16,709 23,711 -29.5% 29,119 28,235 3.1% 97,152 95,412 1.8% 329,307 334,657 -1.6%

Light Trucks

Detroit Three

European Japanese

Korean

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 or older

Data Source: Polk.

Quarterly Percent Change in Area New and Used Vehicle Markets Third Quarter 2013 thru Fourth Quarter 2014

10% 15% 20%

Used New

19.1

14.8

0% 5%

2.5

5.3

4.9

4.5

4.4

4.1

-5.6

-6.1

-15% -10% -5%

-11.8 -13.6

Q3 '13

Q4 '13

Q1 '14

Q2 '14

Q3 '14

Q4 '14*

* New vehicle registrations for 4Q ’14 are based on data for October and November only (November is estimated). Used vehicle figures are for October.

Year-to-Date Comparison (thru October)

YTD change in used vehicle registrations

Used down -1.8%

YTD change in new vehicle registrations

New up 4.1%

0%

1%

4%

5%

3%

-1%

-2%

2%