JAN. 2015 NY Auto Outlook

Data Thru December 2014

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

For this issue (and last month’s), we’ve separated out the data for the three new counties that joined GNYADA in 2014. See page 6 for the highlights. Starting next month, their data will be incorporated into the totals shown here. This table shows new retail light vehicle (car and light truck) registrations in the nine- county New York Metro Area. Figures exclude fleet transactions. * December 2014 figures were estimated by Auto Outlook.

December Estimate*

November Actual

YTD thru December*

2014 2013 % chg.

2014 2013 % chg.

2014 2013 % chg.

Industry Total

45,558 42,184 8.0% 38,803 35,668 8.8% 512,850 489,312 4.8%

Cars

22,055 21,063 4.7% 18,076 18,208 -0.7% 245,147 255,642 -4.1% 23,503 21,121 11.3% 20,727 17,460 18.7% 267,703 233,670 14.6%

Light Trucks

Detroit Three

11,215 10,022 11.9% 9,720 8,299 17.1% 130,791 116,445 12.3% 10,101 9,577 5.5% 8,103 7,765 4.4% 93,210 93,148 0.1% 21,580 20,199 6.8% 18,662 17,178 8.6% 254,897 243,962 4.5% 2,662 2,386 11.6% 2,318 2,426 -4.5% 33,952 35,757 -5.0%

European Japanese

Korean

1. Area new vehicle market increased an estimated 8% in December of 2014 versus a year earlier. U.S.market was up 11% . 2. Area market increased 4.8% from 2013 to 2014, compared to 6.8% Nationally.

THIS MONTH’S SUMMARY The Metro Area new vehicle market had a very good year in 2014. New retail registrations exceeded 512,000 units (December figures were estimated), with the market increasing 4.8% from 2013. The gains are expected to continue in 2015 as well with total registrations predicted to approach 530,000 units.

3. The market is predicted to improve 3.3% from 2014 to 2015. 4. SUV market share rose to 43.8% last year, up 4.1 points from 2013. 5. Jeep , Subaru , GMC , Mazda , Lexus , and Audi registrations increased by 13% or more in 2014. 6. Area used vehicle market was down 1.3% for the first eleven months of this year.

months 11

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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