June 2015 GNYADA NY Auto Outlook

Data Thru May 2015

NEWYORK AUTOOUTLOOK TM a monthly report on vehicle sales in metro new york

MAY VEHICLE SALES REPORT

metro area new retail car and light truck registrations

May Estimate*

April Actual

YTD thru May*

2015

2014

% chg.

2015

2014 % chg.

2015

2014

% chg.

Industry Total

50,136 48,208 4.0%

49,479 47,105 5.0%

229,241 221,129 3.7%

Cars

24,037 24,370 -1.4%

22,369 23,166 -3.4% 27,110 23,939 13.2%

102,733 105,070 -2.2% 126,508 116,059 9.0%

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

Light Trucks

26,099 23,838

9.5%

Detroit Three

12,175 11,632

4.7% 6.6% 3.7% -2.4%

13,744 11,892 15.6%

61,157 57,685 37,819 37,495

6.0% 0.9%

European Japanese

9,165

8,601

8,103

8,687 -6.7%

25,509 24,607

24,217 22,864 5.9%

115,563 110,414 4.7% 14,702 15,535 -5.4%

Korean

3,287

3,368

3,415

3,662 -6.7%

Data Source: IHS Automotive

1.) 2015 NewVehicle Market Forecast of 573,000 units is the best in nine years. 2.) Light Trucks sales grow 9%YTD thru May 2015. 3.) Metro New York new vehicle market increased an estimated 4% in May of 2015 versus a year earlier. 4.) Metro New York used vehicle market increased by 2.7% during the rst four months of 2015. 5.) Metro New York sales out pace U.S. 3.7% to 3.0% in the rst ve months of the 2015. 6.) Detroit 3 continues to grow market share in the New York Metro Area.

THIS MONTH’S SUMMARY: After getting o to a bit of a sluggish start early this year, the Metro Area new vehicle market has started to warm up along with the weather. New retail registrations are projected to exceed 573,000 units for all of this year and increase by 3.5% from 2014. Pent up demand, strong new vehicle a ordability, an improving labor market, and improved new vehicle o erings should continue to give the market a boost for at least the next 18 months.

9%

months 5

The Greater NewYork Automobile Dealers Association (GNYADA) represents nearly 400 franchised new car dealerships in Metro NewYork with combined annual sales totaling over $27 billion. GNYADAmembers are responsible for more than 57,000 jobs in the area and collect over $1.8 billion in state and local taxes annually.

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