GNYADA November 2015 NY Auto Outlook

Data Thru October 2015

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

OCTOBER VEHICLE SALES REPORT

metro area new retail car and light truck registrations

October Estimate*

September Actual

YTD – October*

2015 2014 % chg.

2015 2014 % chg.

2015 2014 % chg.

Industry Total

47,015 42,56 11.0% 52,331 48,842 7.1% 491,421 462,524 6.2%

Cars

20,250 19,867 1.9% 22,219 23,161 -4.1% 216,355 220,962 -2.1% 26,765 22,489 19.0% 30,112 25,681 17.3% 275,066 241,562 13.9%

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

Light Trucks

Detroit Three

12,080 10,668 13.2% 14,089 13,348 5.6% 133,025 121,047 9.9% 8,334 7,772 7.2% 8,383 7,871 6.5% 80,613 78,903 2.2% 23,790 21,453 10.9% 26,475 24,322 8.9% 245,938 230,849 6.5% 2,811 2,463 14.1% 3,384 3,301 2.5% 31,845 31,725 0.4%

European Japanese

Korean

Data Source: IHS Automotive

1.) Area new vehicle market increased an estimated 11% in October of 2015 versus a year earlier. The October increase followed a 7.1% improvement in September. 2. Area market increased 6.2% during the first ten months of this year versus a year earlier, stronger than the national 5.5% improvement average . 3. SUV market share was 47.1% thru October of this year, up 3.7 points versus a year earlier. 4. Subaru , Infiniti , Acura , Chevrolet , GMC , Lexus , and Jeep registrations were up by more than 17% in the first ten months of this year. 5. Area used vehicle market increased by 3.7% during the first nine months of 2015.

NOTE: The metro area new vehicle market continued its pattern of posting impressive gains. Registrations for the entire year are now predicted to increase by more than 5.6% from 2014, with the annual total possibly exceeding 585,000 units. It’s still early to officially predict sales volume for 2016, but at this point, next year’s total seems likely to exceed 600,000 units. Historical data was updated by IHS Automotive. Figures for past months will differ slightly from those presented in previous issues.

10

months

3.7%

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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