GNYADA March 2015 Newsletter

Auto Outlook- Benefit of Membership

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As an added benefit of your Association membership, GNYADA provides you with monthly issues of New York Auto Outlook . New York Auto Outlook is a report about both new and used vehicle sales in the twelve-county New York Metro Area. The report also provides clear indicators of individual brand performance and forecasts of new vehicle sales in area markets. March New York Auto Outlook: According to the March Auto Outlook, the Metro Area used vehicle market got off to a good start in 2015, with used registrations increas- ing 5.1% in January of this year ver- sus a year earlier. Extremely cold weather held back the new vehicle market in January, as new retail registrations declined slightly versus a year earlier. Indicators are predicting a small increase in February, with more

increases likely to come later this spring.

Additional Highlights of the March’s New York Auto Outlook include: Monthly registrations increased an estimated 7% in February of 2015 versus a year earlier. The New York Metro market increased 2.9% in new vehicle sales during the first two months of this year. SUV market share rose to 48.7% thru February of this year. The top performers in the first two months of 2015 with a 10% increase in registrations are Chrysler, Lexus, GMC, Subaru, Acura, and Jeep. GNYADA emails electronic versions of the report monthly to members. You can also find current and past issues of the New York Auto Outlook on our website, www.gnyada.com/ dealers/news/outlook . n n n n greater New York area for 105 years. We are one of the oldest and most recognized dealer associations in the country. GNYADA works to keep dealers informed about important, ever- changing issues, trends, and legisla- tion within the franchised new car marketplace. In addition to influenc- ing legislation, the Association con- tinues to provide dealers with compli- ance solutions, newsletters, seminars, invitations to association events, access to members-only offers, as well as many other benefits that sup- port the needs of our members and

If you are not receiving your monthly issue of New York Auto Outlook con- tact Jennifer Berman, Director of Member Services at 718.746.5900 or Jennifer@gnyada.com .

95% of Dealers Renewed GNYADA Membership

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GNYADA thanks everyone who renewed their 2015 membership.

the communities they serve.

When renewing your dues, we sug- gest that you also make a contribution to the Association Pro-Dealer PAC and keep our voice strong in Albany. GNYADA’s Political Action Committee is the largest retail PAC in the state of New York. Please remit payment for dues before your membership expires. For assis- tance contact Jennifer Berman, Director of Member Services at Jennifer@gnyada.com or 718.746.5900.

There are a small number of dealer- ships that have not yet paid their 2015 dues. We urge you to pay your dues immediately. If dues payment is not received by April 1, 2015, your membership will be placed on hold and your dealership cannot attend programs offered by GNYADA or take advantage of our services. A GNYADA Membership is a valu- able asset for your dealership. The Association has been representing the interests of new car dealers in the

Greater New York Automobile Dealers Association • www.gnyada.com

The Newsletter • April 2015 9