Pub. 7 2018-2019 Issue 2

Issue 1. 2019 27 Covering Fourth Quarter 2018 Page 7 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018* Truck share 43.0% 40.4% 38.7% 41.1% 40.8% 38.3% 39.3% 40.8% 44.4% 49.0% 54.2% 57.7% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% Light truck market share Years 0 20,000 40,000 60,000 80,000 100,000 120,000 140,000 160,000 180,000 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018* 2019 Proj. Regs. 137,157 102,624 77,685 87,573 99,199 126,166 139,287 146,844 161,240 162,239 157,070 150,572 146250 New retail light vehicle registrations Years LONG TERM TRENDS Registrations Likely to Exceed 146K for 6th Straight Year in ‘19 The two graphs below provide a long term perspective of trends in the San Diego County new retail light vehicle market. The first graph shows historical registrations from 2007 thru 2018, along with Auto Outlook’s forecast for 2019. The second graph shows light truck share of the overall light vehicle market. County New Retail Light Vehicle Registrations - 2007 thru 2018*, 2019 Forecast * December 2018 figures were estimated by Auto Outlook. County New Retail Light Truck Market Share - 2007 thru 2018* * December 2018 figures were estimated by Auto Outlook. Historical Data Source: IHS. Source: IHS. County mar- ket improved 94% between ‘09 and ‘18. Small decline is predicted in ‘19, with annual total remaining above 146,000 units Light truck market share in- creased steadi- ly from 38.3% in 2012 to 57.7% last year.