October 20014 NY Auto Outlook

Data Thru September 2014

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

SEPTEMBER VEHICLE SALES REPORT

metro area new retail car and light truck registrations

September Estimate*

August Actual

YTD thru September*

This table shows new retail light vehicle (car and light truck) registrations in the nine- county New York Metro Area. Figures exclude fleet transactions. * September 2014 figures were estimated by Auto Outlook. Data source: Polk.

2014 2013 % chg.

2014 2013 % chg.

2014 2013 % chg.

Industry Total

43,752 42,070 4.0% 46,914 43,378 8.2% 387,200 373,718 3.6%

Cars

21,116 21,685 -2.6% 23,108 23,018 0.4% 185,779 196,864 -5.6% 22,636 20,385 11.0% 23,806 20,360 16.9% 201,421 176,854 13.9%

Light Trucks

Detroit Three

10,994 10,290 6.8% 11,715 9,860 18.8% 99,046 88,810 11.5% 7,430 7,478 -0.6% 7,388 7,578 -2.5% 67,431 68,022 -0.9% 22,194 21,107 5.1% 24,633 23,102 6.6% 193,900 188,596 2.8% 3,134 3,195 -1.9% 3,178 2,838 12.0% 26,823 28,290 -5.2%

European Japanese

Korean

THIS MONTH’S SUMMARY: Results in the Metro Area new vehicle market during 2014 have been in line with expectations. Following several years of big gains, the pace of growth in area sales has eased a bit. As shown on page 2, area new retail registrations increased 11.6% in 2012, and 6.1% last year. Auto Outlook is projecting a smaller 3.9% increase for all of this year. but the market is still posting impressive gains. Registrations this year should exceed 2013 levels by almost 20,000 units, with the total easily exceeding 500,000.

1.) Area new vehicle market increased an estimated 4% in September of 2014 versus a year earlier. U.S. market was up 9.5% . 2.) Area market increased 3.6% during the first nine months of this year versus a year earlier, compared to 6.5% Nationally. 3.) The market is predicted to improve 3.9% from 2013 to 2014. 4.) Light truck market share rose to 52% thru September of this year, up 4.7 points . 5.) Honda , Toyota , Nissan , Jeep , and Ford were the new vehicle market share leaders during the first nine months of 2014. 6.) Area used vehicle market was up a slim 0.1% for the first eight months of this year.

months 9

The Greater New York Automobile Dealers Association (GNYADA) represents nearly 400 franchised new car dealerships in metro New York with combined annual sales totaling over $27 billion. GNYADA members 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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