NYAO July 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
50,000
8%
Metro NY U.S.
2014 2013
The area market increased 1.4% thru June of this year, while the U.S. market was up 4.6%.
7%
7.4
40,000
6%
PG: 2 new york auto outlook : New Vehicle Market July 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 Apr Mar Feb Jan
5%
4%
4.6
3%
2%
Monthly registrations increased slightly in June 2014.
2.7
2.0
1%
1.4
1.3
0%
Change June '14* vs. June '13
Change May '14 vs. May '13
Change YTD '14 thru June* vs. YTD '13
Jul
Oct
Jun
Dec
Sep
Nov
Aug
May
* Figures for June 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 18,300 units in 2014.
508,000
489,700
2007 2008 2009 2010 2011 2012 2013 2014
452,076 410,906 352,245 397,596 413,622 461,785 489,700 508,000
-
461,785
-9.1%
410,906
413,622
397,596
-14.3% 12.9%
352,245
4.0%
11.6%
6.0% 3.7%
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. June 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 (June) is estimated and previous months are actual.
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