GNYADA October 2015 NY Auto Outlook
RECAP OF AUGUST RESULTS
12% 16% 20%
Percent Change in Area Registrations August 2015 vs. August 2014
0% 4% 8%
August new retail light vehicle registrations in the Metro Area were up 6.4% compared to a year earlier. Auto Outlook had projected an 3.5% increase. Auto Outlook is predicting that September sales increased by 9% versus a year earlier. We will report on the accuracy of that projection in the November, 2015 release.
6.4%
3.5%
-8% -4%
-20% -16% -12%
PG: 2 new york auto outlook : NEW VEHICLE MARKET October 2015 Issue 0 100,000 200,000 300,000 400,000 500,000 600,000 Registrations 452,076 New vehicle registrations 0 10,000 20,000 30,000 40,000 50,000 60,000 Apr Mar Feb Jan
Actual % change Auto Outlook projected % 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
20%
Metro NY U.S.
The area market increased 4.9% during the rst nine months of 2015, slightly higher than in the national average.
2014 2015
15%
15.8
10%
9.0
8.4
5%
Monthly registrations increased by an estimated 9% in September 2015.
6.4
4.9
4.8
0%
% Change Sep '15 vs Sep '14
% Change Aug '15 vs Aug '14
% Change YTD '15 Through Sep* vs YTD '14
Jul
Oct
Jun
Dec
Sep
Nov
Aug
May
* Figures for September 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 New retail % change Years registrations vs. prev. year 2007 452,076 - 2008 449,172 -0.6% 2009 384,763 -14.3% 2010 432,032 12.3% 2011 450,850 4.4% 2012 501,070 11.1% 2013 531,573 6.1% 2014 554,054 4.2% 2015 579,500 4.6% Forecast
Area registrations are predicted to increase by more than 25,000 units in 2015.
579,500
554,054
531,573
501,070
450,850
449,172
432,032
384,763
2007 2008 2009 2010 2011 2012 2013 2014 2015 Forecast
Data Source: IHS Automotive
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