NYAO August Issue
Recent Results in NewVehicle Market
Monthly New Retail Light Vehicle Sales 2013 and 2014*
Percent Change in Area and U.S. New Vehicle Sales
60,000
20%
Metro NY U.S.
2014 2013
The area market increased 4.6% thru July of this year,
50,000
while the U.S. market was up 6.7%.
15%
PG: 2 new york auto outlook : New Vehicle Market August 2014 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 Apr Mar Feb Jan
16.6
10%
10.2
9.3
8.0
5%
Monthly registrations increased 16.6% in June 2014.
6.7
4.6
0%
Change July '14* vs. July '13
Change June '14 vs. June '13
Change YTD '14 thru July* vs. YTD '13
Jul
Oct
Jun
Dec
Nov
Aug
May
Sept
* Figures for July 2014 were estimated by Auto Outlook.
NewVehicle Market Forecast
New York Metro Area Annual New Retail Registrations History and Forecast New retail % change Years registrations vs. prev. year
Area registrations are predicted to increase by 19,300 units in 2014.
509,000
489,700
2007 2008 2009 2010 2011 2012 2013 2014
452,076 410,906 352,245 397,596 413,622 461,785 489,700 509,000
-
461,785
-9.1%
410,906
413,622
397,596
-14.3% 12.9%
352,245
4.0%
11.6%
6.0% 3.9%
2007 2008 2009 2010 2011 2012 2013 2014 Forecast
Forecast
How Data is Compiled All data represents retail vehicle registrations in the New York Metro Area and excludes fleet and wholesale transactions. July 2014 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 (July) is estimated and previous months are actual.
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