NYAO November Issue

RECAP OF SEPTEMBER RESULTS

12% 16% 20%

Percent Change in Area Registrations September 2014 vs. September 2013

0% 4% 8%

6.5%

September new retail light vehicle registrations in the Metro Area were 44,793 units, up 6.5% compared to a year earlier. Auto Outlook had projected a 4% increase, with a total of 43,752. The actual total was 1,041 units higher than the estimate. Auto Outlook is predicting that October sales increased by 8% versus a year earlier. We will report on the accuracy of that projection in the December release.

4%

-8% -4%

-20% -16% -12%

PG: 2 new york auto outlook : NEW VEHICLE MARKET November 2014 Issue 0 100,000 200,000 300,000 400,000 500,000 600,000 Registrations 452,076 New vehicle registrations 20,000 30,000 40,000 50,000 Apr Feb

Auto Outlook projected % change

Actual % change

RECENT RESULTS IN NEWVEHICLE MARKET

Monthly New Retail Light Vehicle Sales 2013 and 2014*

Percent Change in Area and U.S. New Vehicle Sales

1% 2% 3% 4% 5% 6% 7% 8% 9% 10%

Metro NY U.S.

2014 2013

The area market increased 4.3% thru October of this year, while the U.S. market was up 6.3%.

8.0

7.6

6.5

6.3

6.2

4.3

Monthly registrations increased by an estimated 8% in October 2014.

0%

Change October '14* vs. October '13

Change September '14 vs. September '13

Change YTD '14 thru October* vs. YTD '13

Oct

Jun

Dec

Aug

* Figures for October 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 19,688 units in 2014.

509,000

489,312

2007 2008 2009 2010 2011 2012 2013 2014

452,076 410,906 351,809 397,196 413,207 461,113 489,312 509,000

-

461,113

410,906

-9.1%

413,207

397,196

-14.4% 12.9%

351,809

4.0%

11.6%

6.1% 4.0%

2007 2008 2009 2010 2011 2012 2013 2014 Forecast

Forecast