NYAO July Issue

USED VEHICLE REPORT

METRO AREA USED CAR AND LIGHT TRUCK REGISTRATIONS May MarchThru May YTDThru May 2014 2013 % change Current Previous % change 2014 2013 % change

INDUSTRY TOTAL

46,572 46,485 0.2% 154,451 157,339 -1.8% 235,478 247,095 -4.7%

Cars

26,037 26,495 -1.7% 86,198 90,037 -4.3% 130,137 140,596 -7.4 % 20,535 19,990 2.7% 68,253 67,302 1.4% 105,341 106,499 -1.1 %

Light Trucks

Detroit Three

92,817 -8.6 % 36,728 -1.8 %

16,527 17,138 -3.6% 55,405 58,382 -5.1% 84,844

European Japanese

7,509

7,132

5.3% 24,259 23,831 1.8% 36,085

20,557 20,431 0.6% 68,473 69,086 -0.9% 104,869 108,022 -2.9 %

PG: 6 new york auto outlook : New & used Vehicle Market July 2014 Issue Korean 2-year-old vehicles 3-year-old vehicles 4-year-old vehicles 5-year-old vehicles 6-year-old vehicles or older -15% -10% -5% 0% 5% 10% 15% 20% Q1 '13 8.2 -4.0 -5% YTD change in new vehicle registrations YTD change in used vehicle registrations

1.6 %

1,979

1,784 10.9% 6,314

6,040

4.5%

9,680

9,528

1-year-old or newer vehicles

13,775 -8.5 % 15,214 -8.8 %

2,884 3,019 5,284 2,112 1,594

3,041 3,148 5,076

-5.2% 8,584 -4.1% 9,245

9,312 -7.8% 12,601 9,940 -7.0% 13,875

3.1 % 9.0 %

4.1% 17,207 16,365 5.1% 25,728

24,963 11,087

1,892 11.6% 7,305 2,224 -28.3% 5,303

6,573 11.1% 12,080 7,405 -28.4% 8,061

11,751 -31.4 %

31,679 31,104 1.8% 106,807 107,744 -0.9% 163,133 170,305 -4.2 %

Data Source: Polk.

Quarterly Percent Change in Area New and Used Vehicle Markets First Quarter 2013 thru Second Quarter 2014

Used New

19.0

14.8

11.8

0.5

2.5

-3.3

-5.6

-11.5

-11.8 -13.6

Q2 '13

Q3 '13

Q4 '13*

Q1 '14*

Q2 '14*

* New vehicle figures are thru June. (June figures were estimated). Used vehicles include April and May ‘14 only.

Year-To-Date Comparison (thru June)

Used down 4.7%

New up 1.3%

1%

-2%

-1%

2%

-3%

0%

-4%