GNYADA January 2016 NY Auto Outlook

RECAP OF NOVEMBER RESULTS

10%

November ‘15 new retail light vehicle registrations in the metro area were up 8.5% compared to a year earlier. Auto Outlook had projected a 4% increase. Auto Outlook is predicting that sales in December of last year increased by 9% versus a year earlier. We will report on the accuracy of that projection in the February, 2016 release. Percent Change in Area Registrations November 2015 vs. November 2014

8%

8.5%

6%

4%

4.0%

2%

PG: 2 new york auto outlook : NEW VEHICLE MARKET January 2016 Issue 2007 Registrations 0 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 New vehicle registrations 0 10,000 20,000 30,000 40,000 50,000 60,000 Apr Mar Feb Jan

0%

Auto Outlook projected % change

Actual % change

RECENT RESULTS IN NEWVEHICLE MARKET

Monthly New Retail Light Vehicle Sales 2014 and 2015*

Percent Change in Area and U.S. New Vehicle Sales

12

Metro NY U.S.

2014 2015

The metro area market increased 6.5% during 2015, higher than the national average.

10

11.5

8

9.0

9.0

8.5

6

6.5

5.7

4

Monthly registrations increased by an estimated 9% in December 2015.

2

0

% Change Dec '15 vs Dec '14

% Change Nov '15 vs Nov '14

% Change YTD '15 Thru Dec* vs YTD '14

Jul

Oct

Jun

Dec

Sep

Nov

Aug

May

* Figures for December 2015 were estimated by Auto Outlook. Data Source: IHS Automotive

Data Source: IHS Automotive

NEWVEHICLE MARKET FORECAST

New York Metro Area Annual New Retail Registrations History and Forecast

Metro area registrations are predicted to exceed 600,000 units this year.

600,500

589,720

553,884

531,573

501,070

450,850

449,172

452,076

432,032

384,763

2008

2009

2010

2011

2012

2013

2014

2015

2016 Forecast

Data Source: IHS Automotive