May 2015 New York Auto Outlook

Data Thru April 2015

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

APRIL VEHICLE SALES REPORT

metro area new retail car and light truck registrations

April Estimate*

March Actual

YTD thru April*

2015 2014 % chg.

2015 2014 % chg.

2015 2014 % chg.

Industry Total

50,402 47,105 7.0% 53,966 52,156 3.5% 180,028 172,921 4.1%

Cars

23,333 23,166 0.7% 23,902 24,892 -4.0% 79,660 80,700 -1.3% 27,069 23,939 13.1% 30,064 27,264 10.3% 100,368 92,221 8.8%

This table shows new retail light vehicle (car and light truck) registrations in the twelve-county New York Metro Area. Figures exclude fleet transactions. * April 2015 figures were estimated by Auto Outlook.

Light Trucks

Detroit Three

12,999 11,892 9.3% 14,273 13,337 7.0% 48,237 46,053 4.7% 9,369 8,687 7.9% 9,391 8,855 6.1% 29,920 28,894 3.6% 24,255 22,864 6.1% 26,796 26,376 1.6% 90,092 85,807 5.0% 3,779 3,662 3.2% 3,506 3,588 -2.3% 11,779 12,167 -3.2%

European Japanese

Korean

Data Source: IHS Automotive

1.) Area new vehicle market increased an estimated 7% in April of 2015 versus a year earlier. The increase in April followed a 3.5% improvement in March. 2.) Area market increased 4.1% during the first four months of this year versus a year earlier, higher than the 3% improvement in the Nation. 3.) SUV market share was 46.9% thru April of this year, 2.7 points higher than passenger car share . 4.) Subaru , Chrysler , GMC , Lexus , Infiniti , Jeep , and Acura registrations were up by more than 11% in the first four months of this year. 5.) Area used vehicle market increased by less than 1% during the first three months of this year.

THIS MONTH’S SUMMARY: As expected, the Metro Area new vehicle market has emerged from the mild slowdown that took place early this year. New retail light vehicle registrations increased 3.5% in March of this year versus a year earlier, with another increase projected for April. The annual total for this year is predicted to exceed 573,000 units, an increase of nearly 20,000 units from 2014, and nearly 200,000 higher than the recessionary low-point in 2009!

The Greater NewYork Automobile Dealers Association (GNYADA) represents nearly 400 franchised new car dealerships in Metro NewYork with combined annual sales totaling over $27 billion. GNYADAmembers are responsible for more than 57,000 jobs in the area and collect over $1.8 billion in state and local taxes annually.

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