April 2015 New York Auto Outlook

Data Thru March 2015

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

MARCH VEHICLE SALES REPORT

metro area new retail car and light truck registrations

March Estimate*

February Actual

YTD thru March*

2015 2014 % chg.

2015 2014 % chg.

2015 2014 % chg.

Industry Total

52,677 52,156 1.0% 39,143 36,779 6.4% 128,337 125,816 2.0%

Cars

23,892 24,892 -4.0% 16,460 15,935 3.3% 56,317 57,534 -2.1% 28,785 27,264 5.6% 22,683 20,844 8.8% 72,020 68,282 5.5%

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

Light Trucks

Detroit Three

12,946 13,337 -2.9% 10,657 10,471 1.8% 33,911 34,161 -0.7% 9,117 8,855 3.0% 5,509 5,523 -0.3% 20,277 20,207 0.3% 26,604 26,376 0.9% 20,672 18,378 12.5% 65,645 62,943 4.3% 4,010 3,588 11.8% 2,305 2,407 -4.2% 8,504 8,505 0.0%

European Japanese

Korean

Data Source: IHS Automotive

THIS MONTH’S SUMMARY: Area new retail light vehicle registrations increased an estimated 1% in March of this year versus 2014. The small increase is mostly due to very strong results a year earlier. As shown on page 2, registrations in March of last year exceeded 50,000 units, the best month of the year. Auto Outlook predicts that the total for all of this year will exceed 570,000 units, up nearly 20,000 from 2014. 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.) February n ew retail light vehicle registrations in the Metro Area were up 6.4% compared to a year earlier. 2.) Area market increased 2% during the first three months of this year versus a year earlier, almost identical to the 2.2% improvement in the Nation . 3.) Area used vehicle market increased 14.3% during the first two months of this year. 4.) Chrysler , Lexus , Subaru , Jeep , Acura , and GMC registrations were up by more than 11% in the first quarter of this year. 5.) SUV market share was 47.5% thru March of this year, up 2.2 percentage points from a year earlier and higher than passenger car share.

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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