GNYADA October 2016 Newsletter
Data Thru July 2016
NEWYORK AUTOOUTLOOK tm a monthly report on vehicle sales in metro new york
JULY VEHICLE SALES REPORT
metro area new retail car and light truck registrations
July 2016
July
%
June 2016
May 2016
YTD '16
YTD '15
%
2015 Change
Thru July Thru July Change
Industry Total
51,267 54,239 -5.5%
51,251 52,364
345,900 334,715 3.3%
Cars
20,456 24,165 -15.3%
20,441 30,810
20,911 31,453
138,581 207,319
149,051 185,664
-7.0% 11.7%
Light Trucks
30,811 30,074
2.5%
Detroit Three
13,860 14,756 -6.1%
14,216
14,696
97,726 55,372 169,538 23,264
91,282 55,299 166,483 21,651
7.1% 0.1% 1.8% 7.5%
European Japanese
8,131
8,601
-5.5%
8,993
8,623
25,292 27,188 -7.0%
24,678
25,477
Korean
3,984
3,694
7.9%
3,364
3,568
Data Source: IHS Markit
5. Combined hybrid/electric vehicle market share exceeded year-earlier levels in May, June, and July of this year 6. Ram , Dodge , Chevrolet , Nissan , Kia , Audi , Honda , Hyundai , Jeep , and Mazda registrations were up by more than 6% so far this year.
1. Metro area market was up 3.3% during the first seven months of this year. The U.S. retail market was flat during the same period. 2. Metro area new vehicle market declined 5.5% in July of 2016 versus a year earlier. 3. Metro area used vehicle market increased 3.4% during the first seven months of this year. 4. SUV market share increased to 50.1% thru July of this year, up 3.5 points versus a year earlier.
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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