Experian Automotive today announced that new vehicle registrations for Q1 2016 reached a record high, climbing 7.5 percent from Q1 2015 and up 86.9 percent since the lowest point following the Great Recession in 2009. According to Experian’s Q1 2016 Automotive Market Share Trends and Registrations analysis, GM, Toyota and Ford were the top three manufacturers in market share, with 16.44 percent, 15.63 percent and 12.19 percent market share, respectively.
Complete findings from the Q1 2016 analysis will be presented in a Webinar available on Thursday, June 30. If you would like to register for the event, visit:
Webinar registration: http://www.experian.com/auto-webinar-registration
Findings from the analysis also show that New York and Los Angeles dominate all markets for new vehicle registrations, with a market share lead of at least 146 percent over the next highest DMA.
Other research areas covered in the Webinar will include:
• Vehicles in operation
• Top registered makes and models
• Vehicle model, conquest and defection trends
• Average vehicle age
• Luxury market share
• Insights into the medium/heavy vehicle market
• Automotive aftermarket trends
About Experian Automotive
Experian Automotive provides information services and market intelligence that enables results-driven professionals to gain the fullest possible understanding of the market, the vehicles and the people who buy them. Its North American Vehicle DatabaseSM houses data on nearly 700 million vehicles and, when combined with Experian’s credit, consumer and business information, provides an integrated perspective into the automotive marketplace. Experian Automotive’s AutoCheck® vehicle history reports provide dealers and consumers with in-depth information, allowing them to confidently understand, compare and select the right vehicles. For more information on Experian Automotive and its suite of services, visit our Website at http://www.experian.com/automotive.
Editorial contact:
Roslyn Whitehurst
Experian Public Relations
1 714 830 5578
roslyn.whitehurst@experian.com