GNYADA November 2016 NY Auto Outlook
Data Through September 2016
NEWYORK AUTOOUTLOOK tm a monthly report on vehicle sales in metro new york
SEPTEMBER VEHICLE SALES REPORT
metro area new retail car and light truck registrations
September September
%
August
July 2016
YTD '16 Thru Sept
YTD '15 Thru Sept
%
2016
2015 Change
2016
Change
Industry Total
49,758 50,064 -0.6%
59,521 51,152
460,602 442,224 4.2%
Cars
19,260 21,370 -9.9%
23,468 36,053
20,412 30,740
183,832 276,770
195,427 246,797
-5.9% 12.1%
Light Trucks
30,498 28,694
6.3%
Detroit Three
13,874 13,406
3.5% -3.5%
16,123 10,001 29,143
13,774
128,640 75,456 225,199 31,307
120,142 72,441 220,750 28,891
7.1% 4.2% 2.0% 8.4%
European Japanese
7,904
8,188
8,151
24,532 25,232 -2.8%
25,243
Korean
3,448
3,238
6.5%
4,254
3,984
Data Source: IHS Markit
QUICK FACTS
5. SUV market share reached 50.6% thru September of this year, up 3.6 points versus a year earlier. 6. Combined hybrid/electric vehicle market share exceeded year-ago levels in September of this year. 7. Ram , Dodge , Chevrolet , Audi , Hyundai , Mazda , Kia , Jeep , Nissan , and Honda registrations were up by more than 5% so far this year. Historical figures were revised by IHS Automotive and will differ slightly from those shown in previous releases.
1. Metro area new vehicle market declined by less than 1% in September of 2016 versus a year earlier. 2. Metro area market was up 4.2% during the first nine months of this year. The U.S. retail market was down slightly during the same period. 3. Metro area new retail registrations for all of this year are predicted to exceed 600,000 units and increase by 2.8% from 2015. 4. Metro area used vehicle market increased 1.4% during the first nine months of this year.
The Greater NewYork Automobile Dealers Association (GNYADA) represents more than 400 franchised new car dealerships in downstate New York with combined annual sales totaling over $33 billion. GNYADAmembers are responsible for more than 65,000 jobs in the area and collect over $1.8 billion in state and local taxes annually.
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