GNYADA June 2016 NY Auto Outlook

Data Thru May 2016

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

MAY VEHICLE SALES REPORT

metro area new retail car and light truck registrations

May Estimate*

April Actual

YTD Through May*

2016 2015 % chg.

2016 2015 % chg.

2016 2015 % chg.

Industry Total

48,365 50,911 -5.0% 47,902 48,419 -1.1% 239,528 229,130 4.5%

Cars

19,990 23,567 -15.2% 19,469 21,956 -11.3% 96,785 101,909 -5.0% 28,375 27,344 3.8% 28,433 26,463 7.4% 142,743 127,221 12.2%

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

Light Trucks

Detroit Three

12,814 13,535 -5.3% 13,064 13,391 -2.4% 67,941 62,080 9.4% 8,058 8,570 -6.0% 7,507 8,221 -8.7% 37,643 37,760 -0.3% 23,939 25,487 -6.1% 24,026 23,476 2.3% 118,043 114,615 3.0% 3,554 3,319 7.1% 3,305 3,331 -0.8% 15,901 14,675 8.4%

European Japanese

Korean

Data Source: IHS Automotive

NOTE: As reported in the May release of Auto Outlook, it was unlikely that the metro area new vehicle market would be able to maintain the big increases posted in the beginning of this year. And that was indeed the case. However, because the first quarter of 2016 was so strong, the market still has a good chance to improve for all of this year versus 2015, although it could be a struggle for sales to improve significantly on a monthly basis for the remainder of the year.

1. Metro area market was up 4.5% during the first five months of this year versus the U.S. retail market, which declined by less than 1% during the same period. 2. Domestic cars gained a 1.3%market share while European and Japanese car makers were down 1.5% combined. 3. Hybrid and diesel powered vehicles continue to lose ground. Gasoline powered vehicles now account for more than 97% of metro area market . 4. SUV share of area market improved by 2.6 points , while passenger car market share declined by more than four points. 5. Metro area used vehicle market increased 3.4% during the first four months of this year.

months 5

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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