GNYADA December NY Auto Outlook

Data Thru November 2014

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

NOVEMBER VEHICLE SALES REPORT

metro area new retail car and light truck registrations

In June 2014, GNYADA added three new counties to our roster—Dutchess, Putnam, and Orange. For the next two issues of Auto Outlook, we’re adding a page to highlight what’s going on in those areas (see page 6). This table shows new retail light vehicle (car and light truck) registrations in the nine- county New York Metro Area. Figures exclude fleet transactions. * November 2014 figures were estimated by Auto Outlook. Data source: Polk.

November Estimate*

October Actual

YTD thru November*

2014 2013 % chg.

2014 2013 % chg.

2014 2013 % chg.

Industry Total

38,521 35,668 8.0% 40,248 37,742 6.6% 467,010 447,128 4.4%

Cars

18,807 18,208 3.3% 18,969 19,507 -2.8% 223,823 234,579 -4.6% 19,714 17,460 12.9% 21,279 18,235 16.7% 243,187 212,549 14.4%

Light Trucks

Detroit Three

9,388 8,299 13.1% 9,836 9,314 5.6% 119,244 106,423 12.0% 8,303 7,765 6.9% 7,579 7,784 -2.6% 83,309 83,571 -0.3% 18,435 17,178 7.3% 20,553 17,989 14.3% 233,090 223,763 4.2% 2,395 2,426 -1.3% 2,280 2,655 -14.1% 31,367 33,371 -6.0%

European Japanese

Korean

1. Area new vehicle market increased an estimated 8% in November of 2014 versus a year earlier. U.S. market was up 4.7% . 2. Area market increased 4.4% during the first eleven months of this year versus a year earlier, compared to 6.2% Nationally. 3. The market is predicted to improve 4.4% from 2013 to 2014. 4. SUV market share rose to 43.5% thru November of this year, up 4.1 points . 5. Jeep , Subaru , Mazda , GMC , Lexus , and Audi registrations increased by

THIS MONTH’S SUMMARY The Metro Area new vehicle market is finishing 2014 on a strong note. New retail light vehicle registrations in the nine county Metro Area increased an estimated 8% in November of 2014 versus a year earlier, which followed the actual 6.6% improvement in October. The annual total this year is now expected to exceed 510,000 units.

months 11

14% or more during the first eleven months of 2014. 6. Area used vehicle market was down 1.8% for the first ten months of this year.

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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