GNYADA July 2016 NY Auto Outlook

RECAP OF MAY RESULTS

10% 15% 20%

Percent Change in Area Registrations May 2016 vs. May 2015

0% 5%

May ‘16 new retail light vehicle registrations in the metro area increased 2.9% compared to a year earlier. Auto Outlook had projected a 5% decline. Actual total for May was 52,364 versus the projection of 48,365. Auto Outlook is predicting that registrations in June of this year increased 1% versus a year earlier.We will report on July registrations in the August release.

2.9%

-5%

-20% -15% -10% -5%

PG: 2 new york auto outlook : NEW VEHICLE MARKET July 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

Auto Outlook projected % change

Actual % change

RECENT RESULTS IN NEWVEHICLE MARKET

Monthly New Retail Light Vehicle Sales 2015 and 2016*

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

6%

Metro NY U.S.

2016 2015

The metro area market increased 5.3% during the rst six months of 2016, higher than in the nation.

5%

5.3

4%

3%

2.9

2%

2.5

Monthly registrations increased by an estimated 1% in June of 2016.

1%

1.6

1.5

% Change June '16* vs June '15 1.0

0

% Change May '16 vs May '15

% Change YTD '16 Thru June* vs YTD '15

Jul

Oct

Jun

Dec

Sep

Nov

Aug

May

* Figures for June 2016 were estimated by Auto Outlook. Data Source: IHS Automotive.

NEWVEHICLE MARKET FORECAST

New York Metro Area Annual New Retail Registrations History and Forecast

Metro area registrations are predicted to approach 610,000 units this year.

609,000

586,981

553,884

531,573

501,070

450,850

449,172

452,076

432,032

384,763

Data Source: IHS Automotive.

2008

2009

2010

2011

2012

2013

2014

2015

2016 Forecast