GNYADA November 2015 NY Auto Outlook
RECAP OF SEPTEMBER RESULTS
10%
September new retail light vehicle registrations in the metro area were up 7.1% compared to a year earlier. Auto Outlook had projected a 9% increase. Auto Outlook is predicting that October sales increased by 11% versus a year earlier. We will report on the accuracy of that projection in the December, 2015 release. Percent Change in Area Registrations September 2015 vs. September 2014
9.0%
8%
7.1%
6%
4%
2%
PG: 2 new york auto outlook : NEW VEHICLE MARKET November 2015 Issue 2007 Registrations 0 100,000 200,000 300,000 400,000 500,000 600,000 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
15%
Metro NY U.S.
The area market increased 6.2% during the rst ten months of 2015, higher than the national average.
2014 2015
12%
13.6
9%
11.0
6%
7.1
6.2
5.5
5.3
Monthly registrations increased by an estimated 11% in October 2015.
3%
0%
% Change Oct '15 vs Oct '14
% Change Sep '15 vs Sep '14
% Change YTD '15 Thru Oct* vs YTD '14
Jul
Oct
Jun
Dec
Sep
Nov
Aug
May
* Figures for October 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
Area registrations are predicted to increase by more than 31,000 units in 2015.
585,000
553,884
531,573
501,070
452,076
449,172
450,850
432,032
384,763
2008
2009
2010
2011
2012
2013
2014
2015 Forecast
Data Source: IHS Automotive
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