May 2015 NY Auto Outlook

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Data Thru April 2015

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

APRIL VEHICLE SALES REPORT

metro area new retail car and light truck registrations

April Estimate*

March Actual

YTD thru April*

2015 2014 % chg.

Industry Total

50,402 47,105 7.0% 53,966 52,156 3.5% 180,028 172,921 4.1%

Cars

23,333 23,166 0.7% 23,902 24,892 -4.0% 79,660 80,700 -1.3% 27,069 23,939 13.1% 30,064 27,264 10.3% 100,368 92,221 8.8%

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

Light Trucks

Detroit Three

12,999 11,892 9.3% 14,273 13,337 7.0% 48,237 46,053 4.7% 9,369 8,687 7.9% 9,391 8,855 6.1% 29,920 28,894 3.6% 24,255 22,864 6.1% 26,796 26,376 1.6% 90,092 85,807 5.0% 3,779 3,662 3.2% 3,506 3,588 -2.3% 11,779 12,167 -3.2%

European Japanese

Korean

Data Source: IHS Automotive

1.) Area new vehicle market increased an estimated 7% in April of 2015 versus a year earlier. The increase in April followed a 3.5% improvement in March. 2.) Area market increased 4.1% during the first four months of this year versus a year earlier, higher than the 3% improvement in the Nation. 3.) SUV market share was 46.9% thru April of this year, 2.7 points higher than passenger car share . 4.) Subaru , Chrysler , GMC , Lexus , Infiniti , Jeep , and Acura registrations were up by more than 11% in the first four months of this year. 5.) Area used vehicle market increased by less than 1% during the first three months of this year.

THIS MONTH’S SUMMARY: As expected, the Metro Area new vehicle market has emerged from the mild slowdown that took place early this year. New retail light vehicle registrations increased 3.5% in March of this year versus a year earlier, with another increase projected for April. The annual total for this year is predicted to exceed 573,000 units, an increase of nearly 20,000 units from 2014, and nearly 200,000 higher than the recessionary low-point in 2009!

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.

RECAP OF MARCH RESULTS

12% 16% 20%

Percent Change in Area Registrations March 2015 vs. March 2014

0% 4% 8%

3.5%

March new retail light vehicle registrations in the Metro Area were up 3.5% compared to a year earlier. Auto Outlook had projected a 1% increase. Auto Outlook is predicting that April sales increased by 7% versus a year earlier. We will report on the accuracy of that projection in the June, 2015 release.

-8% -4%

-20% -16% -12%

PG: 2 new york auto outlook : NEW VEHICLE MARKET May 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

Auto Outlook projected % change

Actual % 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

Metro NY U.S.

The area market increased 4.1% during the rst four months of 2015, higher than in the Nation.

2014 2015

7.0

4.6

4.1

3.5

3.0

Monthly registrations increased by an estimated 7% in April 2015.

1.3

Change April '15* vs. April '14

Change March '15 vs. March '14

Change YTD '15 Thru April* vs YTD '14

Jul

Oct

Jun

Dec

Sep

Nov

Aug

May

* Figures for April 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 573,700 3.5% Forecast

Area registrations are predicted to increase by nearly 20,000 units in 2015.

573,700

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

NEWVEHICLE SEGMENTS

PG: 3 NEW VEHICLE MARKET : new york auto outlook May 2015 Issue

Market share for Japanese and Detroit Three brands increase

Market Share - YTD 2015 thru April*

Change in share: YTD ‘15 thru April * vs. YTD ‘14

Korean 6.5%

Japanese

0.4

European 16.6%

Detroit Three

0.2

Japanese 50.1%

European

-0.1

Detroit Three 26.8%

Korean

-0.5

0.2

0.4

0.0

-0.4

-0.2

*Figures for April 2015 were estimated by Auto Outlook. Data Source: IHS Automotive. Data Source: IHS Automotive. *Figures for April 2015 were estimated by Auto Outlook.

SUVs grab increasing share of market in 2015

Market Share - YTD 2015 thru April*

Change in share: YTD ‘15 thru April * vs. YTD ‘14

Pick ups/Vans 8.8%

SUVs

2.6

Passenger Cars 44.2%

Pickups/Vans

-0.2

SUVs 46.9%

Passenger Cars

-2.4

0.0

2.0

1.0

3.0

-2.0

-1.0

Gasoline powered vehicles account for over 96% of area market

Market Share - YTD 2015 thru March

Change in share: YTD ‘15 vs. YTD ‘14

Diesel 1.0%

Electric 0.2%

Hybrid 2.2%

Gasoline

0.5

Electric

0.1

Diesel

-0.3

Gasoline 96.6%

Hybrid

-0.3

0.0

0.2

0.4

-0.2

Data Source: IHS Automotive

NEWVEHICLE BRANDS

BRAND REGISTRATIONS REPORT Metro Area New Retail Car and Light Truck Registrations

April Estimate*

Three Month Period (Feb‘14 thru Apr‘15)

YTD thru April*

2015

2014 % change

Current Yr Earlier

% change

2015

2014 % change

PG: 4 new york auto outlook : NEW VEHICLE MARKET May 2015 Issue TOTAL Cars Light Trucks Domestic Brands European Brands Japanese Brands Korean Brands Acura Audi BMW Buick Cadillac Chevrolet Chrysler Dodge FIAT Ford GMC Honda Hyundai Infiniti Jaguar Jeep Kia Land Rover Lexus Lincoln Mazda Mercedes MINI Mitsubishi Nissan Porsche Ram Subaru Tesla Toyota Volkswagen Volvo Other

50,402 47,105

7.0% 143,511 136,040 5.5% 180,028 172,921 4.1%

23,333 23,166

0.7%

63,695 63,993

-0.5%

79,660 80,700 -1.3%

27,069 23,939

13.1%

79,816 72,047

10.8%

100,368 92,221 8.8%

12,999 11,892

9.3%

37,929 35,700

6.2%

48,237 46,053 4.7%

9,369

8,687

7.9%

24,269 23,065

5.2%

29,920 28,894 3.6%

24,255 22,864

6.1%

71,723 67,618

6.1%

90,092 85,807 5.0%

3,779

3,662

3.2%

9,590

9,657

-0.7%

11,779 12,167 -3.2%

1,206 1,161 2,443

1,131 1,066 2,255

6.6% 8.9% 8.3% -4.0% 15.1% 27.7% -14.8% -11.4% 4.7%

3,544 2,923 6,461 1,478 6,623 2,415 1,966 856

3,177 2,871 5,882 1,724 6,099 2,079 2,271 984

11.6%

4,509 3,567 7,904 1,035 1,858 8,361 3,149 2,497

4,043 11.5%

1.8% 9.8%

3,435 7,344

3.8% 7.6%

312 678

325 589

-13.0% -14.3%

1,240 -16.5% 2,257 -17.7%

2,325

2,220

8.6%

7,723

8.3%

866 695 140

678 816 158

16.2% -13.4% -10.4%

2,625 20.0% 2,857 -12.6%

327

365

397

474

-16.2%

2,992

2,816

6.3%

9,140 2,645

8,958 2,228

2.0%

11,708 11,809 -0.9%

850

699

21.6% -1.4%

18.7% -0.1%

3,436

2,913 18.0%

6,875 2,683 1,098

6,973 2,575

18,961 18,973

23,748 23,635 0.5%

4.2%

6,858 3,366

6,811 2,748

0.7%

8,354 4,072

8,586 -2.7% 3,580 13.7%

997

10.1%

22.5% 17.6% 16.3% -4.1% 50.9% 16.1% 3.0% -0.8% 1.3% 9.0% 12.9%

6.3%

241

205

301

289

4.2%

3,451 1,093

2,837 1,087

21.6%

9,872 2,729 1,364 5,343 1,044 2,594 7,335

8,492 2,846

12,444 11,047 12.6%

0.6%

3,422 1,695 6,705 1,355 3,229 9,150

3,581 -4.4% 1,223 38.6% 5,801 15.6%

443

373

18.8% 13.1% 21.1% 14.4% 26.5% 27.3% 8.9%

904

1,525

1,348

4,601 1,014 2,615 7,240

379

313 956

1,278

6.0%

1,041 3,013

3,263 -1.0%

2,633

9,070

0.9% 6.7%

248 261

196 205

570 743

523 658

671 901

629 785

14.8%

4,061

3,804

6.8%

14,770 14,437

2.3%

18,322 18,284 0.2%

320 589

247 557

29.6%

714

591

20.8%

872

747

16.7%

5.7%

1,871 6,306

1,724 5,084

8.5%

2,333 8,143

2,158

8.1%

2,109

1,767

19.4% 14.3% 1.8% -1.4% 1.4% -19.5%

24.0% 72.5% 3.1% -6.5% 26.1% -6.9%

6,746 20.7%

188

109

219

122

79.5%

5,788 1,168

5,683 1,185

15,802 15,320

20,167 19,664 2.6%

3,030

3,242

3,722 1,190

4,110 -9.4%

295 169

291 210

970 462

769 496

971 632

22.6% -6.3%

592

Top ten ranked brands are shaded.

Data Source: IHS Automotive *April ’15 figures are estimated.

PG: 5 NEW VEHICLE MARKET : new york auto outlook May 2015 Issue

NEWVEHICLE BRANDS

Percent Change in Area Registrations YTD ‘15 thru April* vs. YTD 2014 Top 20 Selling Brands

Area and U.S. New Vehicle Market Share YTD 2015 thru April* Top 20 Selling Brands

13.2

U.S. Area

Subaru

20.7

Honda

9.2

Subaru, Chrysler, GMC, Lexus, In niti, Jeep, and Acura registrations increased by more than 11%.

11.2

20.0

Chrysler

Toyota

13.0

10.2

18.0

GMC

Nissan

7.8

Honda area market share was 13.2% versus 9.2% in the Nation.

6.9

15.6

Lexus

Jeep

4.8

6.5

In niti

13.7

Ford

12.5

5.1

Jeep

12.6

Mercedes

2.3

4.6

Acura

11.5

Chevrolet

10.3

4.6

8.3

Chevrolet

Hyundai

4.3

4.5

BMW

7.6

Subaru

4.1

4.4

Audi

3.8

BMW

2.3

3.7

2.6

Toyota

Lexus

2.3

2.5

0.9

Mercedes

Acura

1.2

2.3

0.5

Honda

In niti

0.8

2.1

0.2

Nissan

Volkswagen

2.0

-0.9

Ford

Audi

1.2

1.9

-1.0

Mazda

GMC

3.3

1.9

-2.7

Kia

Hyundai

3.7

1.8

Mazda

-4.4

Kia

2.0

1.7 1.6

-9.4

Chrysler

Volkswagen

1.4

Dodge

-12.6

2.7

0% 3% 6% 9% 12% 15%

-15% -10% -5% 0% 5% 10% 15% 20% 25%

Market Share

% change in new retail light vehicle registrations

Data Source: IHS Automotive

Figures for April ‘15 were estimated by Auto Outlook.

USED VEHICLE REPORT

METRO AREA USED CAR AND LIGHT TRUCK REGISTRATIONS March January ‘14Thru March ‘15 YTDThru March 2015 2014 % change Current Previous % change 2015 2013 % change

56,389 69,018 -18.3% 162,111 161,530 0.4% 162,111 161,530 0.4 %

INDUSTRY TOTAL

Cars

31,214 38,587 -19.1% 88,540 89,036 -0.6% 88,540 89,036 -0.6% 25,175 30,431 -17.3% 73,571 72,494 1.5% 73,571 72,494 1.5% 20,121 25,365 -20.7% 58,169 59,679 -2.5% 58,169 59,679 -2.5% 8,442 10,219 -17.4% 24,281 23,353 4.0% 24,281 23,353 4.0% 25,419 30,678 -17.1% 72,685 71,761 1.3% 72,685 71,761 1.3%

Light Trucks

PG: 6 new york auto outlook : NEW & USED VEHICLE MARKET May 2015 Issue Detroit Three European Japanese Korean 2-year-old vehicles 3-year-old vehicles 4-year-old vehicles 5-year-old vehicles -15% -12% -9% -6% -3% 0% 3% 6% 9% -10.5

2,407 2,756 -12.7% 6,976 6,737 3.5% 6,976

6,737

3.5%

1-year-old or newer vehicles

3,114 3,448 -9.7% 8,977 8,050 11.5% 8,977 3,497 3,828 -8.6% 10,082 9,168 10.0% 10,082

8,050 11.5% 9,168 10.0%

5,980 7,456 -19.8% 16,472 17,065 -3.5% 16,472 17,065 -3.5%

3,175 3,422 -7.2% 10,070 8,850 13.8% 10,070 2,248 2,400 -6.3% 6,362 5,553 14.6% 6,362

8,850 13.8% 5,553 14.6%

6-year-old vehicles or older

38,375 48,464 -20.8% 110,148 112,844 -2.4% 110,148 112,844 -2.4%

Data Source: IHS Automotive

Quarterly Percent Change in Area New and Used Vehicle Markets Fourth Quarter 2013 thru First Quarter 2015

Used New

7.3

6.3

6.4

4.8

3.1

0.4

2.8

3.0

-4.8

-5.5

-12.7

Q4 '13

Q1 '14

Q2 '14

Q3 '14

Q4 '14

Q1 '15*

Data Source: IHS Automotive

Year-To-Date thru March Comparison

YTD thru March % change in new vehicle registrations

New up 3.0%

YTD thru March % change in used vehicle registrations

Used up 0.4%

3.0

2.0

0.0

2.5

0.5

1.0

1.5

Data Source: IHS Automotive

COUNTY MARKETS (NEW & USED VEHICLES)

PG: 7 NEW & USED VEHICLE MARKET : new york auto outlook May 2015 Issue

COUNTY NEW AND USED MARKETS

New Retail Registrations

Used Retail Registrations

Jan ‘15 Jan ‘14

YTD ‘15 Thru March

YTD ‘14

Jan ’15 Jan ‘14

YTD ‘15 Thru March

YTD ‘14 Thru March 12,132 15,877

Thru

Mar ’15 Mar ‘14 Change

March Change

Mar ’15 Mar ‘14 Change

change

Bronx

5,205 4,573 14% 5,205 12,122 10,965 11% 12,122

4,573

14%

12,570 12,132 4% 12,570 16,172 15,877 2% 16,172

4% 2%

Brooklyn Dutchess

10,965 11%

3,723 3,632 5,773 5,765

3% 0%

3,723 5,773

3,632 5,765

3% 0% 2% 2% 7% 6% 0% -1%

7,776 6,530

7,886 -1%

7,776 6,530

7,886 6,515

-1%

Manhattan

6,515

Nassau Orange Putnam Queens Rockland

25,558 25,171 2% 25,558

25,171

20,640 20,954 -1% 20,640

20,954 -1%

4,888 4,815

4,888 1,688

4,815 1,698

10,217 9,606

6% 10,217

9,606 2,221

6% 2% 1%

1,688 1,698 -1%

2,257

2,221

2,257

16,457 15,361 7% 16,457

15,361

23,703 23,449 1% 23,703

23,449

5,239 4,951 8,509 8,499

6% 0%

5,239 8,509

4,951 8,499

5,249 6,136

5,434 -3% 6,290 -2%

5,249 6,136

5,434 6,290

-3% -2%

Staten Island

Suffolk

24,888 25,085 -1% 24,888 15,576 15,301 2% 15,576

25,085 -1%

34,870 35,338 -1% 34,870 15,991 15,828 1% 15,991

35,338 -1%

Westchester

15,301

15,828

TOTALS

129,626 125,816 3% 129,626 125,816 3% 162,111 161,530 0% 162,111 161,530 0%

Data Source: IHS Automotive

Top three are shaded.

new vehicle market share in area counties Top 30 Selling Brands in Area, YTD 2015 Thru March

Brand Honda Toyota Nissan

Bronx Brooklyn Dutchess Manhattan Nassau Orange Putnam Queens Rockland Staten Island Suffolk Westchester

16.8 18.5 12.9

16.5 15.0 11.5

13.3

8.7

11.4

11.8 11.9

13.9

15.4 15.9 14.5

11.7 13.0 10.7

13.2

11.4 10.2 11.0

13.9

9.0 9.4 5.2 8.0 2.8 8.5 4.3 2.5 0.9 3.0 0.3 3.1 1.8 1.1 2.6 1.2 3.3 1.5 2.6 0.3 0.9 0.2 0.7 1.0 0.3 0.2 0.3 0.1

11.1

8.6

7.6 6.2 6.8 7.4 3.4 6.0 5.0 2.6 1.4 1.7 0.5 3.3 3.2 1.5 1.7 2.3 1.7 3.1 2.3 0.3 0.9 0.4 0.3 0.5 0.1 0.1 0.1 0.1

7.1

8.2 7.5 7.8 5.9 6.0 4.2 8.0 2.9 5.9 4.3 4.5 2.2 2.0 1.8 2.7 1.5 0.9 1.6 0.9 0.9 1.1 0.8 0.7 0.9 0.5 0.4 0.6 0.5 0.2

5.3 5.7 4.7 2.1 3.8 2.3 9.0 5.0 2.4 1.6 1.3 2.0 5.2 0.7 1.0 1.0 1.0 0.3 4.0 1.7 0.6 1.4 0.3 0.4 2.2 0.9 1.0

11.7

9.7 6.5

13.3

5.8 6.0 2.9 3.7 3.1 4.6 2.7 2.3 3.2 1.4 1.1 1.6 0.6 2.7 2.8 1.2 1.7 0.3 0.5 0.7 0.5 0.2 0.4 0.9 0.1 0.2 0.1

5.0 5.6 4.1 2.0 2.5 3.5 3.9 7.3 2.5 3.7 1.2 1.7 1.4 1.4 3.7 0.9 1.3 0.4 0.9 0.5 0.6 0.4 0.2 0.8 0.4 0.2 0.3

7.9 6.0 5.7 4.6 3.6 4.2 5.0 4.4 2.6 2.7 3.0 1.8 2.3 1.5 1.5 1.9 1.3 1.4 1.2 1.2 0.8 1.1 0.7 0.3 0.5 0.3 0.1

5.7 4.2 4.8 3.2 3.4 4.5 3.6 4.4 2.6 2.3 1.1 1.9 1.2 1.4 1.8 1.5 1.4 0.6 0.8 0.7 0.6 0.5 0.4 0.3 0.3 0.3 0.2

5.3 8.9 3.9 3.8 7.5 4.7 3.9 3.2 1.9 1.7 1.6 1.4 1.7 2.4 3.9 1.6 1.3 1.2 0.6 0.7 0.9 0.5 0.7 0.3 0.3 0.3 0.1

7.5

8.1 8.4 3.3 7.4 4.0 5.3 3.2 2.5 1.9 1.9 2.0 2.6 1.7 2.3 1.1 2.1 1.6 2.7 0.7 1.0 0.8 0.6 0.6 0.7 0.3 0.3 0.1

Jeep Ford

10.0

10.2

11.3

2.2 6.6 7.7 5.9 2.5 1.1 1.5 1.0 1.8 1.7 0.7 2.3 2.6 1.7 2.6 2.6 0.3 0.8 0.9 0.4 1.0 1.2 0.2 0.2 0.1

4.2 4.2 2.0 5.7 3.4 5.6 1.5 3.7 2.2 2.1 0.9 2.5 1.6 1.6 1.2 1.0 0.6 0.7 1.6 0.4 0.3 0.2 0.2 0.2 0.2

Mercedes Chevrolet Subaru Hyundai

11.6

15.3

BMW Lexus Acura

Infiniti

GMC

Volkswagen

Audi

Kia

Chrysler

Mazda Dodge

Ram

Land Rover

Cadillac Lincoln

Volvo Buick

Mitsubishi

Porsche

MINI FIAT

Data Source: IHS Automotive

The top three counties for each brand are shaded.

MODELS (NEW & USED VEHICLES)

New Vehicles Top 25 New Models - YTD ‘15 thru March

Used Vehicles Top 25 Used Models - YTD ‘15 thru March

Honda Sonata BMW 3-Series Honda Pilot Toyota Corolla Honda CR-V Nissan Rogue Honda Civic Honda Accord Toyota Camry Nissan Altima

Nissan Altima Honda Accord Honda CRV Nissan Rogue

2,160

5,055

2,134

4,549 4,526

2,106

1,488

3,837

Toyota Camry Toyota RAV4 Jeep Grand Cherokee

1,354

3,666

1,353

3,261

PG: 1 new york auto outlook : NEW & USED VEHICLE MARKET May 2015 Issue 0 Ram Nissan Sentra JeepWrangler Chevrolet Equinox Mercedes C-Class Toyota Corolla Ford Fusion Toyota Sienna Ford Explorer Toyota Highlander Ford Escape Subaru Forester Hyundai Sonata Hyundai Elantra Lexus RX Jeep Cherokee Honda Pilot Honda Civic

1,105

3,149

1,084

3,115

1,051 1,050

2,794

2,148

Mercedes E-Class Volkswagen Jetta Toyota RAV4 Mercedes C-Class Jeep Grand Cherokee

1,040 931

1,902

1,882 1,874

866

811 766

1,802

1,789 1,719

Nissan Rogue took over the top spot as the best-selling vehicle in the area new vehicle market.

Altima, Camry, and Accord were at the top of the area’s used vehicle market.

Ford E-Series BMW 5-Series Nissan Maxima Nissan Sentra Toyota Sienna

762

758

1,668 1,661 1,636 1,603 1,600 1,576

742

672

668 664

In niti G Toyota Highlander Hyundai Elantra Mercedes M-Class JeepWrangler

647 624

1,567 1,557 1,555

500 607 603

1,000 2,000 3,000 4,000 5,000 6,000

1,000

1,500

2,000

2,500

New retail light vehicle registrations

Used registrations (vehicles six years old or newer)

Data Source: IHS Automotive

HOW DATA IS COMPILED All data represents retail vehicle registrations in the twelve-county New York Metro Area and excludes fleet and wholesale transactions. April 2015 figures were estimated by Auto Outlook based on recent trends in the Metro Area market, seasonal factors, and results in the National market. Please keep in mind that monthly registration figures can occasionally be subject to fluctuations, resulting in over or under estimation of actual results. This usually occurs due to processing delays by governmental agencies. For this reason, the year-to-date figures will typically be more reflective of market results. For year-to-date figures, most recent month (April) is estimated and previous months are actual.

Any material quoted must be attributed to Auto Outlook and GNYADA, and must also include the statement “Data Source: IHS Automotive.” New and Used Vehicle Auto Outlook is produced by Auto Outlook Inc. for the Greater New York Automobile Dealers Association. Statements contained or incorporated by reference in this publication that are not historical facts (including those that GNYADA or Auto Outlook, Inc. believes, expects, anticipates, plans, intends, foresees, it appears, a fact portends that or other similar expressions) are forward-looking statements. These forward-looking statements are based on the current expectations and beliefs of GNYADA or Auto Outlook concerning future developments and their potential effects on the automobile industry. There can be no assurance that future developments affecting the automobile industry will be those anticipated by GNYADA or Auto Outlook, Inc. These forward-looking statements are based on the current expectations and beliefs of GNYADA and/or Auto Outlook concerning future developments and their potential effects on the automobile industry. Consequently, Auto Outlook and GNYADA are not responsible for management decisions based on the content of New and Used Vehicle Auto Outlook. Data provided by: IHS Automotive GNYADA: 718.746.5900 • info@gnyada.com • 18-10 Whitestone Expressway, Whitestone, NY 11357 Media inquiries: Sams Crispe Communications • 212.560.9494 • questions@samscrispe.com

NEW YORK AUTO OUTLOOK Prepared by: Auto Outlook, Inc. PO Box 390 Exton, PA 19341 Editor: Jeffrey A. Foltz NewYork Auto Outlook is published by the Greater NewYork Automobile Dealers Association and is provided free of charge to all members as an added benefit of Association membership. Copyright GNYADA, May 2015

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