Pub. 3 Issue 2

Covering Data thru June 2015 Los Angeles Auto Outlook -1.9 0.2 0.2 1.5 -4.0 -2.0 0.0 2.0 4.0 Non-Luxury Car Luxury Car Luxury Truck Non-Luxury Truck Change in market share Q2 '11 Q2 '12 Q2 '13 Q2 '14 Q2 '15 Regs. 75774 96891 108351 118478 124544 0 20000 40000 60000 80000 100000 120000 140000 New retail light vehicle registrations Second Quarter registrations during past five years The market was up by nearly 49,000 units in the Second Quarter of 2015 vs. 2011. 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% Q3 '14 Q4 '14 Q1 '15 Q2 '15 County 9.2% 9.1% 10.6% 5.1% U.S. 8.0% 7.4% 5.7% 3.2% % change versus year earlier County U.S. On a percentage change basis, the county market increased at a faster pace than the Nation in the 2nd Quarter of '15. QUARTERLY TREND Percent Change in New Vehicle Market - County and U.S. MARKET TRACKER: QUARTERLY RESULTS County Market Up 5.1% in 2nd Quarter of 2015 vs. 3.2% in U.S. Source for LA County registration data: AutoCount data from Experian Automotive. Source for U.S. data: Automotive News. (U.S. figures include fleets.) QUARTERLY PERSPECTIVE Five Years of Second Quarter Results in County Market MARKET TRACKER: COUNTY MARKET VERSUS U.S. County Market Has Larger Gain County Market U.S. Market* Percent change in registrations YTD '15 thru June* vs. YTD '14 7.7% 4.4% Passenger car market share YTD '15 thru June* 64.8% 46.3% Domestic brand market share YTD '15 thru June* 18.7% 45.2% Top 10 brands and market share YTD '15 thru June* First Toyota 18.5% Ford 14.6% Second Honda 13.5% Toyota/Scion 12.6% Third Nissan 7.1% Chevrolet 12.4% Fourth Ford 6.2% Nissan 7.9% Fifth BMW 5.7% Honda 7.8% Sixth Lexus 5.7% Jeep 4.7% Seventh Mercedes 5.6% Hyundai 4.4% Eighth Chevrolet 5.0% Kia 3.6% Ninth Kia 4.7% Subaru 3.2% Tenth Hyundai 3.4% GMC 3.1% Source for LA County data: AutoCount data from Experian Automotive. Source for U.S. market data: Automotive News. U.S. figures include fleets. Change in County Market Share YTD 2015 thru June* vs. YTD 2014 MARKET TRACKER: PRIMARY SEGMENTS Non-Luxury Trucks Gain Source: AutoCount data from Experian Automotive. Non-Luxury Car market share has declined so far this year.