GNYADA December 2016 NY Auto Outlook

Data Through October 2016

NEWYORK AUTOOUTLOOK tm a monthly report on vehicle sales in metro new york

OCTOBER VEHICLE SALES REPORT

metro area new retail car and light truck registrations

October

October

%

September

August

YTD '16 Thru Oct

YTD '15 Thru Oct

%

2016

2015 Change

2016

2016

Change

Industry Total

47,806 45,335 5.5%

49,758 59,521

508,408 487,559 4.3%

Cars

17,774 18,967 -6.3% 30,032 26,368 13.9%

19,235 30,523

23,455 36,066

201,568 306,840

214,394 273,165

-6.0% 12.3%

Light Trucks

Detroit Three

13,746 11,729 17.2%

13,874

16,123 10,001 29,143

142,386 83,413 247,894 34,715

131,871 80,076 243,966 31,646

8.0% 4.2% 1.6% 9.7%

European Japanese

7,957

7,635

4.2%

7,904

22,695 23,216 -2.2%

24,532

Korean

3,408

2,755

23.7%

3,448

4,254

Data Source: IHS Markit

QUICK FACTS

1. In October, new retail light vehicle registrations were up 5.5% versus a year earlier. 2. The metro area market has outpaced the national average in 2016. In the first ten months of the year, national registrations declined slightly, while the metro area saw a 4.3% gain . 3. Metro area used vehicle market increased 3.5% during the first ten months of this year. Three-year-old vehicle registrations were up 15.1%.

4. SUV new vehicle market share increased to 51% through October of this year. 5. Combined hybrid/electric vehicle market share declined in October. 6. Ram , Dodge , Chevrolet , Audi , Hyundai , Jeep , Kia , Mazda , and Nissan registrations were up by more than 5% so far this year.

The Greater NewYork Automobile Dealers Association (GNYADA) represents more than 400 franchised new car dealerships in downstate New York with combined annual sales totaling over $33 billion. GNYADAmembers are responsible for more than 65,000 jobs in the area and collect over $1.8 billion in state and local taxes annually.

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