2015 New Vehicle Registrations Top 17 million - First Time Since 2005
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March 16, 2016
Experian Automotive today announced that new vehicle registrations reached 17.7 million in 2015, a 4.7 percent increase from a year ago. According to its Q4 2015 Automotive Market Share Trends and Registrations analysis, the increase marks the first time new vehicle registrations have surpassed 17 million since 2005.Complete findings from the Q4 2015 Automotive Market Share Trends and Registrations analysis will be presented in a Webinar available on Thursday, March 17. If you would like to register for the event, visit:
Webinar registration: Q4 2015 Automotive Market Share Trends and Registrations analysis
Findings from the analysis showed that the growth in new registrations primarily was fueled by utilitarian vehicles. The entry-level crossover utility vehicle (14.96 percent) was the top new registered vehicle segment.
Other research areas covered in the Webinar will include:
- Vehicle loyalty, conquest and defection trends
- Year-over-year growth in new vehicle registrations
- Top registered makes and models
- Top vehicles on the road
- Average vehicle age
- Insights into the medium/heavy vehicle market
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 Website at http://www.experian.com/automotive.