GNYADA October 2013 Newsletter

Metro Area New Car Sales Outpace Rest of U.S. 2

The market is on track to post its fourth consecutive annual increase in 2013. The full report is enclosed in the GNYADA Newsletter and a digital copy is available for download at www.gnyada.com .

also shows that in September, area new retail market increased an esti- mated 1.8% 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 metro New York new vehicle market maintained its winning streak during the first nine months of 2013, outpacing the rest of the nation with sales up 10.4% versus 8.8% elsewhere.

GNYADA’s Auto Outlook publication

GNYADA Debuts New Auto Outlook Starting this month, Auto Outlook – GNYADA’s informative quarterly recap and forecasting newsletter – will get a complete new look, more timely data, and will be published monthly, providing dealers with the latest vehicle sales information faster than ever before. truck sales, monthly new retail light vehicle registrations, percent change in area and U.S. new vehicle markets, and new vehicle market forecasts. In addition, a ‘Quick Facts’ section has also been added to highlight important, timely information. 3

analysis and forecasting data avail- able about the greater New York area’s new and used car market. The monthly report will contain data on all brands and vehicle type and highlight percentage change and market share information.

With more than 20 charts, Auto Outlook is the most comprehensive

The new newsletter will contain details on all metro area retail car and

4 GNYADA Economic Impact Report Published CRAIN’S NY BUSINESS RUNS EXCLUSIVE; NEWSDAY REPORTS FINDINGS

The main findings in the report, first previewed for GNYADA members in last month’s Newsletter , shows that franchised new car dealers in the New York metro area sold 429,000 new and used cars – inject- ing $27.1 billion into the economy while helping to sustain a workforce of nearly 58,000. Jobs and the economic importance of GNYADA’s members to the local and state economy are two of the retail automobile industry’s most important messages when reaching out to policymakers and the media.

To inform and influence these key groups, GNYADA has implemented a comprehensive strategy to distrib- ute the 2013 GNYADA Economic Impact Report. The campaign includes individual- ized releases for national, state, and local media, as well as targeted dis- tribution to key legislators and county executives. A copy of the report will be mailed shortly. For additional copies of the report, please contact GNYADA at 718.746.5900.

Greater New York Automobile Dealers Association • www.gnyada.com

The Newsletter • October 2013

2