GNYADA March 2016 NY Auto Outlook

Data Thru February 2016

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

FEBRUARY VEHICLE SALES REPORT

metro area new retail car and light truck registrations

February Estimate*

January Actual

YTD Through Feb*

2016 2015 % chg.

2016 2015 % chg.

2016 2015 % chg.

Industry Total

39,574 38,052 4.0% 37,482 36,498 2.7% 77,056 74,550 3.4%

Cars

15,296 15,907 -3.8% 14,632 15,954 -8.3% 29,928 31,861 -6.1% 24,278 22,145 9.6% 22,850 20,544 11.2% 47,128 42,689 10.4%

This table shows new retail light vehicle (car and light truck) registrations in the twelve-county New York metro area. Figures exclude fleet transactions. * February 2016 figures were estimated by Auto Outlook.

Light Trucks

Detroit Three

11,223 10,407 7.8% 11,715 10,243 14.4% 22,938 20,650 11.1% 5,360 5,472 -2.0% 5,506 5,717 -3.7% 10,866 11,189 -2.9% 20,655 19,917 3.7% 18,017 18,351 -1.8% 38,672 38,268 1.1% 2,336 2,256 3.5% 2,244 2,187 2.6% 4,580 4,443 3.1%

European Japanese

Korean

Data Source: IHS Automotive

NOTE: New vehicle sales in the metro area surpassed expectations in January of this year. Despite a big snowstorm at the end of the month, the market was able to post a small improvement versus a year earlier. And it appears as though the market moved higher in February as well. Year- to-date, new retail registrations were up 3.4% during the first two months of 2016 compared to strong prior-year results. Note: Historical registration data was recently updated by IHS Automotive. For this reason, past figures will differ slightly from those presented in previous releases.

1. Metro area new vehicle market increased an estimated 4% in February of 2016 versus a year earlier. The February increase followed a 2.7% improvement in January. 2. Metro area market was up 3.4% during the first two months of this year, slightly below the 6.3% improvement in the nation. 3. Passenger car market share was just 38.8% thru February of this year, down 3.9 points versus a year earlier. 4. Ram , Chevrolet , Jeep , Kia , and Nissan registrations months 2

are up by more than 10% so far this year. 5. Metro area used vehicle market increased 9.2% in January.

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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