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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