GNYADA October 2015 NY Auto Outlook

Data Thru September 2015

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 Estimate*

August Actual

YTD – September*

2015 2014 % chg.

2015 2014 % chg.

2015 2014 % chg.

Industry Total

53,189 48,798 9.0% 52276 49137 6.4% 441041 420571 4.9%

Cars

22,665 23,130 -2.0% 22,767 24,134 -5.7% 194,723 201,539 -3.4% 30,524 25,668 18.9% 29,509 25,003 18.0% 246,318 219,032 12.5%

This table shows new retail light vehicle (car and light truck) registrations in the twelve-county New York Metro Area. Figures exclude fleet transactions. * September 2015 figures were estimated by Auto Outlook.

Light Trucks

Detroit Three

14,654 13,347 9.8% 14,113 12,465 13.2% 120,650 110,376 9.3% 8,186 7,826 4.6% 8,160 7,575 7.7% 70,798 70,983 -0.3% 26,679 24,324 9.7% 26,377 25,751 2.4% 220,587 209,950 5.1% 3,670 3,301 11.2% 3,626 3,346 8.4% 29,006 29,262 -0.9%

European Japanese

Korean

Data Source: IHS Automotive

1.) Area new vehicle market increased an estimated 9% in September of 2015 versus a year earlier. The increase in September followed a 6.4% improvement in August . 2.) Area market increased 4.9% during the first nine months of this year versus a year earlier, roughly equal to the 4.8% improvement in the nation . 3.) Passenger car market share was 44.2% through September of this year, down 3.7 points versus a year earlier. 4.) GMC , Acura , Lexus , Infiniti , Jeep , Chevrolet , Subaru , and Chrysler registrations were up by more than 10% in the first nine months of this year. 5.) Area used vehicle market increased by 3.7% during the first eight months of 2015.

NOTE: The Metro Area new vehicle market maintained its momentum during the summer of 2015. New retail registrations in the third quarter increased 7.7% versus a year earlier. New vehicle affordability remains at very strong levels, as consumers are seeing accelerated growth in personal income and very low interest rates. In addition, significant improvements in new products are providing a strong incentive for consumers to trade in their current vehicle for a new one.

10%

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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