State of automotive finance market

[Pages:38]State of automotive finance market

Introducing:

Melinda Zabritski Experian

Contents

1. Vehicle registration trends 2. Outstanding automotive financing 3. Originations update

3 ?Experian 4/12/2017 Experian Public Vision 2017

Vehicle registration trends

4 ?Experian 4/12/2017 Experian Public Vision 2017

U.S. vehicles in operation

Q4 2015

258

million

Vehicles on the road

17.3*

NEW

VEHICLES

41.9*

USED

VEHICLES

DEALER

EXIT 93*

Out of Operation

Q4 2015

266

million

Vehicles on the road

198.2*

NO

CHANGES

* In millions; Q4 2016 includes Puerto Rico, Q4 2015 does not

Source: Experian Automotive as of December 31, 2016 (U.S. light duty vehicles only)

5 ?Experian 4/12/2017 Experian Public Vision 2017

U.S. passenger car and light truck surpassed 17 million

units for the second consecutive year

New vehicle registrations all sales categories through December 2016

16.02

13.18

10.15

Annual new registrations

11.62

12.70

14.31

15.27

16.26

17.12

17.30

New vehicle registrations (millions)

2007

Source: Experian Automotive

2008

2009

6 ?Experian 4/12/2017 Experian Public Vision 2017

2010

2011

2012

2013

2014

2015

2016

Gains in annual new vehicle registrations have been steadily declining since 2012

% YOY change

20% 15% 10%

5% 0% -5% -10% -15%

-20% -17.72%

-25%

2008

Source: Experian Automotive

Year-over-year change in new vehicle registrations

14.56%

9.26%

12.65%

6.73%

6.52%

-23.05% 2009

2010

2011

2012

2013

2014

7 ?Experian 4/12/2017 Experian Public Vision 2017

5.29% 2015

1.03% 2016

Retail registrations were nearly unchanged from 2015, but fleet categories experienced significant gains

Government

2015 vs. 2016 change by sales category

Commercial/Taxi

5.59%

Rental/Lease

0.91%

Retail 0.09%

0%

2%

4%

Source: Experian Automotive

8 ?Experian 4/12/2017 Experian Public Vision 2017

6%

8%

10%

12%

Year-over-year change

13.69%

14%

16%

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