newyork autooutlook tm a monthly report on vehicle sales in metro new york
September Vehicle Sales Report
metro area new retail car and light truck registrations
YTD thru September*
This table shows new retail light vehicle (car and light truck) registrations in the nine county New York Metro Area. Figures exclude fleet transactions. *September 2013 figures were estimated by Auto Outlook. Data source: Polk.
1.) Area new vehicle market increased an estimated 1.8% in September of this year versus a year earlier. U.S. market fell 1%. 2.) Area market was up 10.4% during the first nine months of this year versus 8.8% in the Nation. 3.) The market is predicted to increase 7.2% in 2013.
THIS MONTH’S SUMMARY: The Metro Area new vehicle market improved by an estimated 1.8% in September of 2013 versus a year earlier. The small increase is due primarily to the timing of the Labor Day holiday, which resulted in many weekend sales being recorded in August of this year instead of September. The market is on track to post its fourth consecutive annual increase in 2013.
4.) Light truck market share in the area was up 1.9 points so far this year. 5.) The following brands have had big increases in 2013: Dodge, Chrysler, Mazda, Cadillac, and BMW . 6.) Area used vehicle market was down 3.6% during the first eight months of this year. months 8
The Greater New York Automobile Dealers Association (GNYADA) represents nearly 400 franchised new car dealerships in metro New York with combined annual sales totaling over $27 billion. GNYADA members are responsible for more than 57,000 jobs in the area and collect over $1.8 billion in state and local taxes annually.
Recent Results in NewVehicle Market
Monthly New Retail Light Vehicle Sales 2012 and 2013*
Percent Change in Area and U.S. New Vehicle Sales
Metro NY U.S.
The area market has improved at a faster pace than the Nation so far this year.
PG: 2 new york auto outlook : New Vehicle Market October 2013 Issue 0 100,000 200,000 300,000 400,000 500,000 Registrations 452,076 New vehicle registrations 0 10,000 20,000 30,000 40,000 Mar Feb Jan
Monthly registrations were about the same as year earlier levels in September.
Change Sep '13* vs. Sep '12
Change Aug '13 vs. Aug '12
Change YTD '13 (Sep*) vs. YTD '12
* Figures for September 2013 were estimated by Auto Outlook. Historical data source: Polk.
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 more than 33,000 units in 2013.
2007 2008 2009 2010 2011 2012 2013 Forecast
Forecast projections derived by Auto Outlook. Historical data source: Polk.
How Data is Compiled All data represents retail vehicle registrations in the New York Metro Area and excludes fleet and wholesale transactions. September 2013 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 (September) is estimated and previous months are actual.
PG: 3 New Vehicle Market : new york auto outlook October 2013 Issue
Detroit Three, European, Japanese, and Korean Brands
Detroit Three market share increases 1.8 points; Korean brands decline
Korean European DetroitThree Japanese
Change in share: YTD ‘13 (Sept.) vs. 12
*Figures for September 2013 were estimated by Auto Outlook. *Figures for September 2013 were estimated by Auto Outlook.
Passenger Cars, SUVs, Pickups/Vans
SUVs continue to gain share; Passenger cars fall
Pickups/Vans SUVs Passenger Cars
Change in share: YTD ‘13 (Sept.) vs. 12
Hybrid, Diesel, and Electric Powertrains
Hybrid market share hits 3.6% in August of this year
0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0%
Electric Diesel Hybrid
Change in share: YTD ‘13 (Aug.) vs. 12
Brand Registrations Report Metro Area New Retail Car and Light Truck Registrations
Three-Month Period (JuneThru August)
2012 % change
2012 % change
2012 % change
8.0% 130,795 117,356 11.5% 332,013 298,059 11.4%
PG: 4 new york auto outlook : New Vehicle Market October 2013 Issue 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
PG: 6 new york auto outlook : New & used Vehicle Market October 2013 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% 25% 30% Q2 '12 11.9 2.8 YTD change in new vehicle registrations YTD change in used vehicle registrations
Toyota Camry Nissan Altima Honda Civic Honda CRV Honda Accord
Ford E-Series Nissan Rogue Toyota RAV4 Hyundai Sonata Honda CR-V Toyota Corolla BMW 3-Series Honda Civic Nissan Altima Honda Accord Toyota Camry
Camry, Accord, and Altima ranked rst, second, and third for used vehicles.
Toyota RAV4 Nissan Rogue Jeep Grand Cherokee
Honda Accord remained at the top of the new vehicle sales chart.
PG: 1 new york auto outlook : New & used Vehicle Market October 2013 Issue 0 5,000 Ford Explorer Mercedes E-Class Ford Escape Toyota Highlander Toyota Prius In niti G Volkswagen Jetta Toyota Sienna Lexus RX Toyota Corolla Mercedes C-Class BMW 3-Series Nissan Sentra Honda Odyssey Hyundai Elantra Honda Pilot Hyundai Sonata 5,924 5,355 5,231 5,176 5,154 4,785 4,734 4,592 4,487 4,454 4,434 4,409 4,164 4,128 3,891 3,774
2,495 2,481 2,454
JeepWrangler In niti G BMW X5 Lexus RX Mercedes-Benz E-Class BMW 5-Series Volkswagen Jetta Nissan Sentra Jeep Grand Cherokee Toyota Sienna Nissan Maxima Honda Odyssey Mercedes-Benz C-Class Honda Pilot
2,247 2,205 2,168 2,166
1,784 1,736 1,734
1,423 1,365 1,334
0 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000
New retail light vehicle registrations
Used light vehicle registrations
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, October 2013
Any material quotedmust be attributed to Auto Outlook and GNYADA. New and UsedVehicle 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: Polk GNYADA: 718.746.5900 • firstname.lastname@example.org • 18-10 Whitestone Expressway, Whitestone, NY 11357 Media inquiries: Sams Crispe Communications • 212.560.9494 • email@example.com