GNYADA January 2016 NY Auto Outlook

Data Thru December 2015

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

DECEMBER VEHICLE SALES REPORT

metro area new retail car and light truck registrations

December Estimate*

November Actual

Annual Total*

2015 2014 % chg.

2015 2014 % chg.

2015 2014 % chg.

Industry Total

53,952 49,498 9.0% 45,418 41,862 8.5% 589,720 553,884 6.5%

Cars

22,332 23,091 -3.3% 18,227 19,473 -6.4% 255,814 263,526 -2.9% 31,620 26,407 19.7% 27,191 22,389 21.4% 333,906 290,358 15.0%

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

Light Trucks

Detroit Three

13,258 12,235 8.4% 12,933 10,679 21.1% 159,051 143,961 10.5% 11,885 11,421 4.1% 7,546 8,534 -11.6% 99,307 98,858 0.5% 26,204 23,385 12.1% 22,193 20,148 10.1% 294,180 274,382 7.2% 2,605 2,457 6.0% 2,746 2,501 9.8% 37,182 36,683 1.4%

European Japanese

Korean

Data Source: IHS Automotive

1. Metro area new vehicle market increased an estimated 9% in December of 2015 versus a year earlier. The increase in December followed an 8.5% improvement in November . 2. Metro area market increased 6.5% from 2014 to 2015 , stronger than the 5.7% improvement in the nation. 3. Light truck market share was 56.6% last year, up 4.2 points versus 2014. 4. Infiniti , Chevrolet , Subaru , Jeep , GMC , and Lexus registrations were up by more than 16% for all of 2015. 5. Metro area used vehicle market increased by 3.4% during the first eleven months of 2015. months 11

NOTE: The metro area market finished 2015 with a bang. In December of 2015, estimated new retail light vehicle registrations were up by 9% versus a year earlier, with the annual total approaching 590,000 units. The market was up by more than 6% for all of 2015, and another increase is predicted for this year. There are signs that the pace of the sales recovery could ease, but it is highly likely that registrations for all of this year will exceed 600,000 units.

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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