GNYADA December 2015 NY Auto Outlook

Data Thru November 2015

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

NOVEMBER VEHICLE SALES REPORT

metro area new retail car and light truck registrations

November Estimate*

October Actual

YTD – November*

2015 2014 % chg.

2015 2014 % chg.

2015 2014 % chg.

Industry Total

43,536 41,862 4.0% 45,944 42,356 8.5% 533,886 504,386 5.8%

Cars

18,301 19,473 -6.0% 19,150 19,867 -3.6% 233,556 240,435 -2.9% 25,235 22,389 12.7% 26,794 22,489 19.1% 300,330 263,951 13.8%

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

Light Trucks

Detroit Three

11,188 10,679 4.8% 11,915 10,668 11.7% 144,048 131,726 9.4% 8,608 8,534 0.9% 7,597 7,772 -2.3% 88,484 87,437 1.2% 20,949 20,148 4.0% 23,635 21,453 10.2% 266,732 250,997 6.3% 2,791 2,501 11.6% 2,797 2,463 13.6% 34,622 34,226 1.2%

European Japanese

Korean

Data Source: IHS Automotive

1.) Metro area new vehicle market increased an estimated 4% in November of 2015 versus a year earlier. The increase in November followed an 8.5% improvement in October . 2.) Metro area market increased 5.8% during the first eleven months of this year versus a year earlier, stronger than the 4.5% improvement in the nation. 3. Passenger market share was 43.8% thru November of this year, down 3.9 points versus a year earlier. 4.) Chevrolet , Infiniti , Subaru , Lexus , GMC , Acura , and Jeep registrations were up by more than 15% in the first eleven months of this year.

NOTE: With eleven months now in the books, it’s certain that the metro area new vehicle market will improve for the sixth consecutive year, in 2015. New retail light vehicle registrations are likely to approach 585,000 units, a 5.5% improvement from 2014. And the way it looks now, another increase is also highly likely in 2016. There’s a chance that registrations might exceed 600,000 units next year, a significant increase from the total of about 385,000 units in 2009.

5.) Metro area used vehicle market increased by 3.4% during the first ten months of 2015.

3.4%

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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