William Maley

Mitsubishi Motors brought in investigators to answer a question; why did they manipulate fuel economy figures on a number of their models? The results of the investigation were announced yesterday and it was a combination of various decisions and factors that led to it. The investigation criticized the company for "not having the manufacturing philosophy of an automaker". A key example comes from the company not rallying their workers to help them back on track after two major scandals. Instead, it was focused on cutting costs wherever it could. This caused Mitsubishi engineers to pull off the impossible task of improving fuel economy on their current engines and not developing new ones. There was also the feeling that workers couldn't speak up about reaching these impossible targets. The investigation also revealed that management failed to the address the possibility of something fishy going on with the fuel economy testing. In 2005, a new employee brought up concerns about fuel economy figures being made up. This was brushed off by managers. Six years later, a compliance survey addressing other falsifications were not brought to Mitsubishi executives. “The problem is not only with the testing, certification, or the development department. It’s a collective failure of Mitsubishi Motors as a whole, starting from the management,” said Yoshiro Sakata, one of the investigators appointed by the company at a briefing yesterday. “I take the panel’s recommendation seriously,” Mitsubishi Motors Chairman Osamu Masuko in a statement. “The efforts we’ve been making since I took over in 2005 haven’t been enough.” The investigators made a number of recommendations to prevent something like this from happening again. They include, Revamping development Making vehicle certification department independent from the research and development department Restructure the organization structure Being more transparent Understanding laws Be willing to find and tackle violations Source: Bloomberg, Reuters View full article

But SUVs are also holding a number of other automakers together. See Buick, Volvo, Mazda, and Audi to name a few.

It may seem odd to try and draw customers who would have gone with a Volkswagen diesel to yours in this current climate. But that is what GM is planning to do when the diesel version of the Chevrolet Cruze arrives next year. “There are a lot of diesel intenders and diesel-loyal people who are looking for a brand and vehicles to go after,” said Dan Nicholson, General Motors’ vice president for global propulsion systems to Automotive News. “They tend to be more tech savvy than the average customer. And they won’t stop wishing for a diesel. And we’ll go after those customers.” But one has to wonder how big that group of customers is. Considering a fair amount of buyers of Volkswagen's TDI models bought it because it was 'clean', we have to think that the group interested in buying one is small. That isn't deterring Nicholson. “I am very optimistic about the diesel market in the U.S. It has been abandoned by others and we are happy to step in and be the leader. Frankly that’s what we’d like to do.” The new diesel engine will displace 1.6 liters and is expected to produce 136 horsepower and 275 pound-feet of torque. Source: Automotive News (Subscription Required) View full article

Volvo Posts Thirteen Months of Consecutive Double Digit Sales Growth ROCKLEIGH, N.J. (Aug. 2, 2016) - Volvo Car USA, LLC, (VCUSA) reported U.S. sales of 8,584 vehicles, a 52.8 percent increase versus July 2015 and marking the thirteenth consecutive month the company posted double digit sales growth. Year-to-date sales are up 29.3 percent year-over-year. Sales for the month of July were led by the award-winning XC90 luxury SUV with 2,888 vehicles sold. The XC60 crossover followed directly behind with 2,097 vehicles sold. “July proved to be another exciting month for Volvo in the US,” said Lex Kerssemakers, President and CEO, Volvo Car USA. “Not only did we see strong sales on XC90, but we also saw that momentum carry through to our other carlines, signaling great success for the brand.” Volvo is implementing a sweeping $11 billion transformation plan that has involved the development of its own modular vehicle architecture, a new engine range, global manufacturing capability, a completely renewed product range and world leading developments in safety, autonomous driving and connectivity. Models July 2016 July 2015 % Year To Date 2016 Year To Date 2015 % S60 1,864 1,052 77.2 % 7,649 9,810 -22.0 % S60 CC 42 0 100.0 % 362 0 100.0 % S80 79 35 125.7 % 403 958 -57.9 % S90 259 0 100.0 % 267 0 100.0 % V60 384 573 -33.0 % 2,119 2,868 -26.1 % V60 CC 339 232 46.1 % 1,464 1,493 -1.9 % XC60 2,097 2,146 -2.3 % 10,928 14,056 -22.3 % XC70 632 405 56.0 % 3,141 3,052 2.9 % XC90 0 0 - - 112 - All-New XC90 2,888 1,176 145.6 % 18,905 2,629 619.1 % C70 0 0 - - 7 - Total 8,584 5,619 52.8 % 45,238 34,985 29.3 % * I, II, III etc shows which generation the car model belongs to.

Subaru of America, Inc. Reports Record July Sales CHERRY HILL, N.J., Aug. 2, 2016 /PRNewswire/ -- Record July - monthly sales increase 3.1 percent over July 2015 56 consecutive months of month-over-month growth Best July ever for Legacy and Outback 29 consecutive months of more than 10,000 Outbacks sold 36 consecutive months of more than 10,000 Foresters sold Subaru of America, Inc. today reported record July 2016 sales of 52,093 vehicles, a 3.1 percent gain over the same month a year ago. The company also reported year-to-date sales of 331,551 vehicles, a 2.7 percent gain over the same period in 2015. July marked the 29th consecutive month of 40,000+ vehicle sales for the company. Legacy and Outback sales were notably strong as each carline achieved its best July ever. "Subaru is pleased to be celebrating another sales record," said Thomas J. Doll, president and chief operating officer, Subaru of America, Inc. "These milestones are the result of the dedication and commitment of our retailers who passionately serve the needs of our customers. 2016 looks set to be our eighth year of consecutive sales records, with more new product yet to come." "With several 2017 models – including Legacy and Outback – now arriving at retailer show rooms, we expect sales to continue to grow throughout the remainder of the year," said Jeff Walters, senior vice president of sales, Subaru of America, Inc. "At our current pace, selling over 600,000 vehicles in 2016 is certainly within reach." Also in July, Subaru Outback, Forester, and Crosstrek won their segments in the Crossover SUV categories for the 2016 AutoPacific Ideal Vehicle Awards. These awards, based on customer responses, recognize vehicles that best meet the expectations of their owners. Both Outback and Forester won their segments for the second year in a row. Carline Jul-16 Jul-15 % Chg Jul-16 Jul-15 % Chg MTD MTD MTD YTD YTD YTD Forester 14,856 15,811 -6.0% 95,111 96,639 -1.6% Impreza 5,200 6,527 -20.3% 34,965 37,833 -7.6% WRX/STI 3,288 3,716 -11.5% 19,294 18,751 2.9% Legacy 5,212 4,500 15.8% 35,569 33,673 5.6% Outback 14,704 10,863 35.4% 92,090 82,180 12.1% BRZ 353 525 -32.8% 2,760 3,334 -17.2% Crosstrek 8,480 8,575 -1.1% 51,762 50,525 2.5% TOTAL 52,093 50,517 3.1% 331,551 322,935 2.7%

Mitsubishi Motors Reports July Sales Outlander Sport reported its best July sales ever Total Outlander 2016 sales up 10 percent over 2015 CYPRESS, Calif., Aug. 2, 2016 /PRNewswire/ -- Mitsubishi Motors North America, Inc. (MMNA) today reported July 2016 sales of 7,890, up slightly from July of last year. Mitsubishi's family of CUVs, the Outlander Sport and Outlander, led the way with total sales of 5,497, up 10 percent over July 2015. July YTD 2016 2015 2016 2015 i-MiEV 20 12 40 84 Mirage 1280 1553 14453 15054 Lancer 1093 1292 9527 11914 Outlander Sport 3545 3242 20376 21135 Outlander 1952 1769 15428 9225 Total 7890 7868 59824 57412

Mercedes-Benz USA July Sales Hit All-Time High Of 28,523 Units, Up 3.6% ATLANTA, Aug. 2, 2016 /PRNewswire/ -- Mercedes-Benz USA (MBUSA) today reported record July sales of 28,523 vehicles, increasing 3.6% from the 27,526 vehicles sold during the same month last year. Mercedes-Benz Vans also reported best-ever July sales with 3,272 units, and smart reported 493 units, up 11.8%, bringing MBUSA grand total to 32,288 vehicles for the month, up 7.2% from last year. "We are continuing to see strong momentum build into the third quarter, fueled by the recent launch of three of our dream cars," said Dietmar Exler, president and CEO of MBUSA. "The S-Class Cabriolet, SL and SLC Roadsters, teamed with strong momentum for the all-new E-Class helped us set a new record for July." Mercedes-Benz volume leaders in July included the C-Class, E-Class (including the CLS) and GLE model lines. The C-Class took the lead at 6,304, followed by the E-Class at 5,225. The GLE, rounded out the top three with 4,412 units sold. Mercedes-AMG high-performance models sold 1,565 units in July, up 68.1% from last year (931), with a total of 12,510 units sold year-to-date (up 79.3%). Separately, Mercedes-Benz Certified Pre-Owned (MBCPO) models recorded sales of 10,517 vehicles in July, an increase of 8.8% from last year (9,669). On a year-to-date basis, MBCPO sold 70,863 vehicles, an increase of 3.4%. MERCEDES-BENZ USA Sales -- July 2016 Mercedes-Benz Passenger Vehicles Jul-16 Jul-15 Monthly % YTD 2016 YTD 2015 Yearly % B-CLASS 50 196 -74.5% 360 1,368 -73.7% CLA 2,284 2,439 -6.4% 15,895 18,542 -14.3% C-CLASS 6,304 6,384 -1.3% 43,609 49,721 -12.3% E-CLASS/CLS 5,225 6,131 -14.8% 27,683 31,184 -11.2% S-CLASS 1,783 1,415 26.0% 10,276 12,047 -14.7% SLC/SLK 238 324 -26.5% 1,975 2,404 -17.8% SL 279 330 -15.5% 2,077 2,531 -17.9% AMG GT 57 89 - 735 696 - *SLS AMG - 0 - 1 27 - GLA 1,502 2,040 -26.4% 14,317 14,353 -0.3% GLC/GLK 3,411 2,318 47.2% 26,802 16,153 65.9% GLE/M-CLASS 4,412 3,851 14.6% 29,598 26,811 10.4% GLS/GL 2,670 1,755 52.1% 15,550 14,693 5.8% G-CLASS 308 254 21.3% 2,422 1,962 23.4% TOTAL 28,523 27,526 3.6% 191,300 192,492 -0.6% Vans1 3,272 2,163 51.3% 19,034 15,697 21.3% smart 493 441 11.8% 3,086 4,065 -24.1% MBUSA Combined Total Jul-16 Jul-15 Monthly % YTD 2016 YTD 2015 Yearly % GRAND TOTAL 32,288 30,130 7.2% 213,420 212,254 0.5% 1Mercedes-Benz, Freightliner Sprinter and Metris Vans are sold and marketed in the U.S. by Mercedes-Benz USA and Daimler Vans USA, respectively. *out of production

Kia Motors America Announces Record July Sales Year-to-Date Sales Up 5.7 Percent IRVINE, Calif., Aug. 2, 2016 /PRNewswire/ -- Following the best first half performance in company history, Kia Motors America (KMA) today reported best-ever July sales of 59,969 units, up 6.5 percent over the same period last year. The brand's sixth monthly sales record in seven months included: The highest July sales totals for the Forte family of compact cars and Sportage compact CUV in company history Double digit increases for Rio, Forte, Sportage and Sedona over July 2015 "Showroom traffic and sales have shot up over the last six weeks since J.D. Power recognized Kia as the highest scoring nameplate in the industry for initial quality and bestowed four APEAL awards to our world-class offerings in some of the largest and most competitive segments," said Michael Sprague, chief operating officer and EVP, KMA. "With the market cooling and customers looking for smart choices, these recent accolades reflect the satisfaction of our owners – many of whom are new to the Kia brand – and help strengthen our position as so much more than simply a value leader." MONTH OF JULY YEAR-TO-DATE Model 2016 2015 2016 2015 Rio 3,331 2,227 18,699 17,062 Forte 10,303 7,868 63,045 51,050 Optima 9,780 12,638 70,847 92,604 Cadenza 335 410 3,091 3,699 K900 61 480 500 1,190 Sportage 8,111 5,292 50,340 29,247 Sorento 9,854 9,749 68,932 66,170 Sedona 5,037 3,672 29,157 24,280 Soul 13,157 13,975 83,685 81,961 Total 59,969 56,311 388,296 367,263

Hyundai Motor America Reports Best July Sales Ever FOUNTAIN VALLEY, Calif., Aug. 2, 2016 /PRNewswire/ -- Hyundai Motor America today reported sales of 75,003 for the month of July, up 5.6 percent over a year ago and the company's best July ever. "The strong performance of the Tucson and refreshed Santa Fe Sport and Santa Fe led us to our best July ever," said Derrick Hatami, vice president of national sales for Hyundai Motor America. "Since launching the all-new Tucson a year ago, sales have been strong and this month was no exception with volume up 98 percent over 2015." Santa Fe Sport and Santa Fe also were up double digits for the month, with sales up 25 percent and 16 percent, respectively. CARLINE JULY/2016 JULY/2015 CY/2016 CY/2015 ACCENT 7,046 4,276 46,376 40,252 SONATA 20,635 23,917 125,044 119,738 ELANTRA 20,629 22,135 116,935 150,833 SANTA FE 14,336 11,655 71,772 66,393 AZERA 385 414 2,958 4,067 TUCSON 7,728 3,908 50,392 26,542 VELOSTER 2,008 2,060 14,931 13,261 GENESIS 2,117 2,474 19,501 19,744 EQUUS 119 174 1,154 1,333 TOTAL 75,003 71,013 449,063 442,163

BMW Group U.S. Reports July 2016 Sales BMW brand sales decrease 4.4 percent MINI brand sales decrease 8.0 percent WOODCLIFF LAKE, N.J., Aug. 2, 2016 /PRNewswire/ -- Sales of BMW brand vehicles decreased 4.4 percent in July for a total of 25,777 compared to 26,970 vehicles sold in July, 2015. Year-to-date, the BMW brand is down 8.4 percent in the U.S. on sales of 179,213 compared to 195,593 sold in the first seven months of 2015. Notable vehicle sales include the BMW 7 Series which increased 31.3 percent, the BMW 2 Series which increased 66.1 percent, and the BMW X1 which increased 79.1 percent. "The volatility that has characterized the 2016 sales year was clearly evident in the beginning of the third quarter," said Ludwig Willisch, President and CEO, BMW of North America. "As we have seen through the early months of the year, the 2 Series and X1 have acquired a strong following and the 7 Series continues gaining ground. At the same time, the global popularity of our X models continues to constrain our sales here in the U.S." BMW Group Sales In total, the BMW Group in the U.S. (BMW and MINI combined) reported July sales of 30,551 vehicles, a decrease of 5.0 percent from the 32,161 vehicles sold in the same month a year ago. Year-to-date, BMW Group sales are down 9.5 percent on sales of 209,131 in the first seven months of 2016 compared to 231,044 in the same period in 2015. MINI Brand Sales For July, MINI USA reported 4,774 automobiles sold, a decrease of 8.0 percent from the 5,191 sold in the same month a year ago. Year-to-date, MINI USA reported a total of 29,918 automobiles sold, a decrease of 15.6 percent from 35,451 automobiles sold in the first seven months of 2015. BMW Group Vehicle Sales BMW of North America, LLC, July 2016 July 2016 July 2015 % YTD July 2016 YTD July 2015 % i3 1,479 935 58.1% 4,359 5,391 -19.1% i8 166 217 -23.5% 786 950 -17.3% 2 Series 1,708 1,028 66.1% 10,765 6,370 68.9% 3 Series 6,799 7,729 -12.0% 39,775 50,525 -21.3% 4 Series 2,186 3,190 -31.5% 21,462 28,083 -23.6% 5 Series 3,303 2,186 51.1% 23,578 25,767 -8.5% 6 Series 523 311 68.2% 2,398 5,395 -55.6% 7 Series 1,203 916 31.3% 6,808 6,139 10.9% Z4 124 118 5.1% 675 1,190 -43.3% X1 2,130 1,189 79.1% 14,269 7,094 101.1% BMW passenger cars 19,621 17,819 10.1% 124,875 136,904 -8.8% X3 2,678 2,340 14.4% 22,506 15,623 44.1% X4 329 407 -19.2% 2,944 3,553 -17.1% X5 2,744 6,011 -54.4% 24,948 35,162 -29.0% X6 405 393 3.1% 3,940 4,351 -9.4% BMW light trucks 6,156 9,151 -32.7% 54,338 58,689 -7.4% BMW brand 25,777 26,970 -4.4% 179,213 195,593 -8.4% Cooper /S Hardtop 2 Door 813 2,482 -67.2% 7,053 12,727 -44.6% Cooper /S Hardtop 4 Door 924 1,036 -10.8% 7,243 9,297 -22.1% Cooper /S Convertible 536 272 97.1% 2,366 1,979 19.6% Cooper /S Clubman 1,076 0 0.0% 5,487 0 0.0% Coupe 0 25 -100.0% 6 283 -97.9% Roadster 1 78 -98.7% 4 751 -99.5% Countryman 1,422 1,203 18.2% 7,702 9,481 -18.8% Paceman 2 95 -97.9% 57 933 -93.9% MINI brand 4,774 5,191 -8.0% 29,918 35,451 -15.6% TOTAL BMW of North America, LLC 30,551 32,161 -5.0% 209,131 231,044 -9.5%

Toyota Motor Sales Reports July 2016 Sales TMS posts best-ever light truck sales for second month in a row RAV4 and Highlander post best-ever sales for the month Lexus posts best-ever LUV sales in July and year-to-date TORRANCE, Calif. (August 2, 2016) – Toyota Motor Sales (TMS), U.S.A., Inc., today reported July 2016 sales of 214,233 units, a decrease of 1.4 percent from July 2015 on a volume basis. With the same amount of selling days in July 2016 compared to July 2015, sales were down 1.4 percent on a daily selling rate (DSR) basis. Toyota division posted July 2016 sales of 186,343 units, down 0.5 percent on a volume basis and DSR basis. “Light trucks remained the hottest segment for the industry in July,” said Bill Fay, group vice president and general manager, Toyota division. “Toyota Division reported its best-ever light truck sales for the month, supported by record July results for both RAV4 and Highlander.” Lexus posted July sales of 27,890 units, down 6.5 percent on a volume basis and DSR basis. “Lexus luxury utility vehicles had another strong sales month, with RX, NX, and LX up,” said Jeff Bracken, Lexus division group vice president and general manager. “With these results, we had our best-ever July for light trucks and are up nearly 10 percent for the year, thanks to the strength of our dealer body.” July 2016 Highlights Corolla posts sales of 31,717 units; up almost 5 percent for the month Camry posts July sales of 34,122 units TMS posts best-ever light truck sales for the second consecutive month Toyota Division light trucks up 7.3 percent; best-ever July RAV4 sales rose 19.3 percent; best-ever July Highlander posts sales of 15,213 units, up 19.5 percent; best-ever July 4Runner up more than 14 percent Land Cruiser up 57.7 percent in July TCUV posts best-ever July ES posts sales of 5,497 units for the month, up 1 percent Lexus LUVs post best-ever July and year-to-date sales NX up 8.1 percent in July with sales of 4,689 units; best-ever July RX posts sales of more than 8,500 units, up 3.1 percent for the month LX up almost 54 percent for the year Lexus L/Certified posts best-ever July, up 24 percent for the month *Note: Unless otherwise stated, all figures reflect unadjusted raw sales volume

More to do with Enclave and Encore having their best July. Buick only moved 1,421 Envisions in July.

Honda Sets New Car and Truck Sales Records as American Honda Reports July Sales American Honda sets new all-time record for total truck sales and a July record for total vehicle sales Honda Division truck sales reach an all-time monthly high with 68,518 sold, an increase of 12.2 percent Honda CR-V shatters all-time monthly record on sales of 36,017, a 13.3 percent increase Honda Civic sets new July record; joined by the Accord with sales of over 31,000 units New 2017 MDX and NSX deliveries boost Acura in July TORRANCE, Calif., Aug. 2, 2016 /PRNewswire/ -- American Honda Motor Co., Inc. today reported July sales of 152,799 Honda and Acura vehicles, a 4.4 percent gain over last July and a new July record. Total American Honda truck sales set a new all-time monthly record of 77,740 sales to jump 10.1 percent. The Honda Division set a new July total vehicle sales record, rising 5.9 percent on sales of 139,125, while Honda trucks set an all-time monthly record with a 12.2 percent increase on sales of 68,518 vehicles. Honda car sales were up 0.4 percent for the month, netting 70,607 sales. The Acura Division, though gaining momentum with the launch of key new models, posted July sales of 13,674, a decrease of 8.3 percent versus last year. Honda With strong retail customer demand driving Honda's record U.S. production in the first half of 2016, Honda sales posted another record in July with continued strong demand for both cars and trucks. CR-V shattered its all-time sales record while the new Ridgeline pickup had a strong first full month of sales even as production continues to ramp up. Pilot and HR-V also were up as Honda trucks set a new all-time sales mark for the month. The new Civic continued its remarkable run with another record month in July. CR-V sales rose to an all-time monthly record of 36,017 sales in July, an increase of 13.3 percent over last year The Honda Civic broke a July sales record set in 2013, rising 5.8 percent on sales of 32,952 units Accord sales again topped 30,000 units, keeping sales of Honda's three core models on track to top 1,000,000 units for the fourth consecutive year Increases for both Fit and HR-V topped 25 percent in July while Pilot gained 8 percent "The strong cadence of new Honda products we continue to bring to market has created extraordinary retail demand that is unprecedented in our history," said Jeff Conrad, senior vice president and general manager of the Honda Division. "With the Civic Hatchback on the way along with our step-by-step effort to fortify our truck business, we will continue to grow our sales through individual car buyers." Acura The Acura brand's renewed commitment to Precision Crafted Performance continues to take shape in dealer showrooms with the first deliveries of the all-new Acura NSX and the refreshed 2017 Acura MDX – the first model to reflect the new design direction that debuted with the Acura Precision Concept. On the market just five weeks, the newly-refreshed 2017 MDX posted strong sales of 4,902 units in July despite inventory issues related to the ramp-up of production. The NSX has brought high energy and excitement to Acura showrooms as the world's first customers of NSX begin to take delivery of the only supercar made in America. "The first deliveries of the all-new Acura NSX are electrifying Acura showrooms and generating tremendous excitement for all Acura customers," said John Mendel, executive vice president of American Honda. "Showcasing the Acura brand's new design direction, the 2017 MDX is the next step in our commitment to deliver on Precision Crafted Performance." American Honda Vehicle Sales for July 2016 Month-to-Date Year-to-Date July 2016 July 2015 DSR** % Change MoM % Change July 2016 July 2015 DSR** % Change YoY % Change American Honda Total 152,799 146,324 4.4% 4.4% 945,154 899,325 5.1% 5.1% Total Car Sales 75,059 75,711 -0.9% -0.9% 490,994 459,727 6.8% 6.8% Total Truck Sales 77,740 70,613 10.1% 10.1% 454,160 439,598 3.3% 3.3% Honda Total Car Sales 70,607 70,350 0.4% 0.4% 458,439 422,414 8.5% 8.5% Honda Total Truck Sales 68,518 61,059 12.2% 12.2% 394,047 374,909 5.1% 5.1% Acura Total Car Sales 4,452 5,361 -17.0% -17.0% 32,555 37,313 -12.8% -12.8% Acura Total Truck Sales 9,222 9,554 -3.5% -3.5% 60,113 64,689 -7.1% -7.1% Total Domestic Car Sales 69,017 75,110 -8.1% -8.1% 457,685 455,404 0.5% 0.5% Honda Division 64,671 69,964 -7.6% -7.6% 425,966 419,534 1.5% 1.5% Acura Division 4,346 5,146 -15.5% -15.5% 31,719 35,870 -11.6% -11.6% Total Domestic Truck Sales 77,740 70,613 10.1% 10.1% 454,160 439,593 3.3% 3.3% Honda Division 68,518 61,059 12.2% 12.2% 394,047 374,904 5.1% 5.1% Acura Division 9,222 9,554 -3.5% -3.5% 60,113 64,689 -7.1% -7.1% Total Import Car Sales 6,042 601 905.3% 905.3% 33,309 4,323 670.5% 670.5% Honda Division 5,936 386 1,437.8% 1,437.8% 32,473 2,880 1,027.5% 1,027.5% Acura Division 106 215 -50.7% -50.7% 836 1,443 -42.1% -42.1% Total Import Truck Sales 0 0 0.0% 0.0% 0 5 -100.0% -100.0% Honda Division 0 0 0.0% 0.0% 0 5 -100.0% -100.0% Acura Division 0 0 0.0% 0.0% 0 0 0.0% 0.0% MODEL BREAKOUT BY DIVISION Honda Division Total 139,125 131,409 5.9% 5.9% 852,486 797,323 6.9% 6.9% * ACCORD 31,946 34,496 -7.4% -7.4% 201,300 190,242 5.8% 5.8% * CIVIC 32,952 31,139 5.8% 5.8% 222,792 189,440 17.6% 17.6% CR-Z 272 270 0.7% 0.7% 1,477 1,562 -5.4% -5.4% * FIT 5,432 4,332 25.4% 25.4% 32,817 39,966 -17.9% -17.9% INSIGHT 5 113 -95.6% -95.6% 53 1,204 -95.6% -95.6% CROSSTOUR 11 924 -98.8% -98.8% 713 5,520 -87.1% -87.1% * CR-V 36,017 31,785 13.3% 13.3% 195,092 194,803 0.1% 0.1% HR-V 7,394 5,909 25.1% 25.1% 43,837 20,050 118.6% 118.6% ODYSSEY 11,228 12,851 -12.6% -12.6% 75,889 75,487 0.5% 0.5% PILOT 10,350 9,584 8.0% 8.0% 72,524 78,540 -7.7% -7.7% RIDGELINE 3,518 6 58,533.3% 58,533.3% 5,992 509 1,077.2% 1,077.2% *** Memo: Accord FHEV 565 1,481 -61.9% -61.9% 830 7,888 -89.5% -89.5% Memo: Accord PHEV 0 1 -100.0% -100.0% 0 60 -100.0% -100.0% Memo: Civic Hybrid 60 463 -87.0% -87.0% 767 2,727 -71.9% -71.9% Acura Division Total 13,674 14,915 -8.3% -8.3% 92,668 102,002 -9.2% -9.2% ILX 1,201 1,613 -25.5% -25.5% 9,659 10,084 -4.2% -4.2% NSX 21 0 0.0% 0.0% 23 0 0.0% 0.0% RLX / RL 106 213 -50.2% -50.2% 833 1,413 -41.0% -41.0% TL 0 3 -100.0% -100.0% 0 84 -100.0% -100.0% TLX 3,124 3,530 -11.5% -11.5% 22,037 25,702 -14.3% -14.3% TSX 0 2 -100.0% -100.0% 3 30 -90.0% -90.0% MDX 4,902 4,977 -1.5% -1.5% 29,517 34,397 -14.2% -14.2% RDX 4,320 4,577 -5.6% -5.6% 30,596 30,290 1.0% 1.0% ZDX 0 0 0.0% 0.0% 0 2 -100.0% -100.0% *** Memo: ILX Hybrid 0 0 0.0% 0.0% 1 19 -94.7% -94.7% Memo: RLX Hybrid 11 28 -60.7% -60.7% 115 147 -21.8% -21.8% Memo: TSX Wagon 0 0 0.0% 0.0% 0 2 -100.0% -100.0% Selling Days 26 26 178 178 **** Hybrid 934 2,356 60.4% 60.4% 3,266 13,607 76.0% 76.0% * Honda and Acura vehicles are made of domestic & global sourced parts ** Daily Selling Rate *** Memo line items are included in the respective model total **** Hybrid includes FHEV, PHEV, CR-Z, Civic Hybrid, Insight, ILX Hybrid, RLX Hybrid, RLX Sport Hybrid, and NSX

VOLKSWAGEN OF AMERICA REPORTS JULY 2016 SALES RESULTS July sales totaled 28,758 units Best ever July for Tiguan, with 3,379 units, a 48.8 percent increase Best July since 2000 for GTI, with 2,417 units, a 1.4 percent increase Herndon, VA — (August 2, 2016) Volkswagen of America, Inc. (VWoA) today reported sales of 28,758 units delivered in July 2016. July 2016 Sales July 16 July 15 Yr/Yr% change July 16 YTD July 15 YTD Yr/Yr% change Golf 1,246 1,890 -34.1% 7,326 13,127 -44.2% GTI 2,417 1,780 35.8% 13,269 13,085 1.4% Golf R 222 132 68.2% 2,792 1,803 54.9% e-Golf 344 313 9.9% 1,799 1,831 -1.7% Golf SportWagen 1,122 2,602 -56.9% 6,487 7,595 -14.6% Total Golf Family 5,351 6,717 -20.3% 31,673 37,441 -15.4% Jetta Sedan 11,449 11,467 -0.2% 69,724 76,045 -8.3% Jetta SportWagen (now Golf SportWagen) 1 95 -98.9% 5 2,535 -99.8% Total Jetta 11,450 11,562 -1.0% 69,729 78,580 -11.3% Beetle Coupe 1,051 1,274 -17.5% 4,734 8,559 -44.7% Beetle Convertible 477 1,035 -53.9% 3,567 6,841 -47.9% Total Beetle 1,528 2,309 -33.8% 8,301 15,400 -46.1% Eos* N/A 246 -100.0% 387 1,592 -75.7% Passat 6,549 6,904 -5.1% 39,362 49,099 -19.8% CC 193 479 -59.7% 1,874 3,560 -47.4% Tiguan 3,379 2,407 40.4% 23,935 16,084 48.8% Touareg 308 676 -54.4% 2,511 3,986 -37.0% TOTAL 28,758 31,300 -8.12% 177,772 205,742 -13.59% *Eos production ended in July 2015

Mazda Reports July Sales Mazda CX-5 Posts Record July Sales IRVINE, Calif., Aug. 2, 2016 /PRNewswire/ -- Mazda North American Operations (MNAO) today reported July U.S. sales of 27,915 vehicles, representing an increase of 2.8 percent versus last year. Year-to-date sales through July are 173,269 vehicles. Key July sales notes: Mazda CX-5 had its best-ever July with 10,831 vehicles sold. This number represents an increase of 13.7 percent over July of 2015, and marks the carline's best month since December 2015. The all-new Mazda CX-9 continues to post strong sales, recording its best month since March 2013. CX-9's 2,243 vehicles sold represent an increase of 41 percent YOY. As Mazda's CUV numbers remain strong with 14,573 sold in July, 63 percent of buyers chose models equipped with Mazda's i-ACTIV All-Wheel Drive system. The system is available as an option on Mazda CX-3, CX-5 and CX-9 models. Mazda Motor de Mexico (MMdM) reported July sales of 4,114 vehicles, down 8 percent versus July of last year. Month-To-Date Year-To-Date July July % % MTD July July % % YTD 2016 2015 Change DSR 2016 2015 Change DSR Mazda2 - 10 (100.0)% (100.0)% 3 283 (98.9)% (98.9)% Mazda3 8,103 9,504 (14.7)% (14.7)% 59,484 64,381 (7.6)% (7.6)% Mazda5 17 551 (96.9)% (96.9)% 346 6,835 (94.9)% (94.9)% Mazda6 4,341 4,841 (10.3)% (10.3)% 27,804 37,148 (25.2)% (25.2)% MX-5 Miata 881 1,130 (22.0)% (22.0)% 6,265 3,784 65.6% 65.6% CX-3 1,499 - N/A N/A 11,001 - N/A N/A CX-5 10,831 9,530 13.7% 13.7% 62,442 62,873 (0.7)% (0.7)% CX-9 2,243 1,591 41.0% 41.0% 5,924 10,848 (45.4)% (45.4)% Total Vehicles CARS 13,342 16,036 (16. % (16. % 93,902 112,431 (16.5)% (16.5)% TRUCKS 14,573 11,121 31.0% 31.0% 79,367 73,721 7.7% 7.7% TOTAL 27,915 27,157 2.8% 2.8% 173,269 186,152 (6.9)% (6.9)% Selling Days 26 26 178 178

Audi sets 67th straight monthly U.S. sales record in July August 02, 2016 | HERNDON, Virginia Q3 sets sales record with 56 percent increase Q7 SUV sales rose 20 percent for the month, 63 percent year-to-date A4 Sedan sales increased 18 percent for the month Audi reported that its July sales increased 4 percent to 18,364 vehicles, as the Q3, Q7 and A4 led the volume gains. Audi achieved its best July in the brand’s U.S. history. The previous July record was set in 2015 with sales of 17,654 vehicles. Year-to-date sales have risen 3.6 percent to 115,298 vehicles sold. Sales of Audi SUV models remained strong in July, with a 15 percent increase over last July and a 22 percent increase year-to-date. The Q3 posted a sales record of 1,819 vehicles for the month, a 56 percent increase over July 2015. Sales of the Q5 rose 2.8 percent to 4,833 vehicles for the month. Q7 sales rose 20 percent from last July to 2,322 vehicles, with an increase of 63 percent year-to-date. July results were also bolstered by solid demand for the A3 and A4 models. The A3 model line posted 3,038 sales for July, including 349 deliveries of the A3 Sportback e-tron. The e-tron has recorded sales of 2,291 vehicles year-to-date. The A4 posted sales of 2,612 vehicles, an 18 percent increase for the month and an 11 percent increase year-to-date. “A robust dealer network has helped us successfully launch and promote several of our most important models this year and that’s strengthened our sales amid the tightening premium market,” said Mark Del Rosso, Executive Vice President and Chief Operating Officer, Audi of America. “Consumers and the marketplace have rewarded the brand with continued growth, which we do not take for granted.” AUDI US SNAPSHOT --MTD-- --YTD-- Model Line Jul '16 Actual Jul '15 Actual Yr/Yr % change Jul '16 YTD Actual Jul '15 YTD Actual Yr/Yr % change A3 3,038 3,167 -4.1% 19,622 21,072 -6.9% A4 2,612 2,218 17.8% 17,531 15,765 11.2% A5 744 1,105 -32.7% 5,078 7,824 -35.1% A6 1,822 1,928 -5.5% 10,150 13,337 -23.9% A7 417 749 -44.3% 3,473 4,125 -15.8% A8 327 418 -21.8% 2,268 2,935 -22.7% allroad 131 215 -39.1% 968 1,540 -37.1% Q5 4,833 4,700 2.8% 26,819 26,366 1.7% Q7 2,322 1,939 19.8% 17,063 10,464 63.1% Q3 1,819 1,166 56.0% 10,287 7,413 38.8% R8 88 41 114.6% 350 404 -13.4% TT 211 8 2537.5% 1,689 24 6937.5% Total Audi Sales 18,364 17,654 4.0% 115,298 111,269 3.6% Total CPO Sales 4,066 4,542 -10.5% 27,130 28,403 -4.5%

Volvo Cars of North America, LLC - Up 52.8% (8,584 Vehicles Sold This Month, 45,238 Vehicles Sold So Far This Year) Mercedes-Benz USA - Up 7.2% (32,288 Vehicles Sold This Month, 213,420 Vehicles Sold So Far This Year) Kia Motors America - Up 6.5% (59,969 Vehicles Sold This Month, 388,296 Vehicles Sold So Far This Year) Hyundai Motor America - Up 5.6% (75,003 Vehicles Sold This Month, 449,063 Vehicles Sold So Far This Year) American Honda Motor Co. - Up 4.4% (152,799 Vehicles Sold This Month, 945,154 Vehicles Sold So Far This Year) Audi of America - Up 4% (18,364 Vehicles Sold This Month, 115,298 Vehicles Sold So Far This Year) Subaru of America, Inc. - ​Up 3.1% (52,093 Vehicles Sold This Month, 331,551 Vehicles Sold So Far This Year) Mazda North American Operations - Up 2.8% (27,915 Vehicles Sold This Month, 173,269 Vehicles Sold So Far This Year) Nissan Group USA - Up 1.2% (132,475 Vehicles Sold This Month, 930,589 Vehicles Sold So Far This Year) Mitsubishi Motors North America - ​Up 0.3% (7,890 Vehicles Sold This Month, 59,824 Vehicles Sold So Far This Year) FCA US LLC - 0.0% (180,727 Vehicles Sold This Month, 1,325.536 Vehicles Sold So Far This Year) Toyota Motor Sales - Down 1.4% (214,233 Vehicles Sold This Month, 1,412,033 Vehicles Sold So Far This Year) General Motors Co. - Down 1.9% (267,258 Vehicles Sold This Month, 1,706,173 Vehicles Sold So Far This Year) Ford Motor Company - Down 2.8% (216,479 Vehicles Sold This Month, 1,569,527 Vehicles Sold So Far This Year) BMW Group U.S. - Down 5% (30,551 Vehicles Sold This Month, 209,131 Vehicles Sold So Far This Year) Volkswagen of America - Down 8.12% (28,758 Vehicles Sold This Month, 177,772 Vehicles Sold So Far This Year) Maserati North America, Inc. - Down 15.3% (811 Vehicles Sold This Month, 6,013 Vehicles Sold So Far This Year) Jaguar Land Rover North America - Porsche Cars North America, Inc. - Brands: Acura - Down 8.3% (13,674 Vehicles Sold This Month, 92,668 Vehicles Sold So Far This Year) Alfa Romeo - Down 12% (43 Vehicles Sold This Month, 338 Vehicles Sold So Far This Year) Audi - Up 4% (18,364 Vehicles Sold This Month, 115,298 Vehicles Sold So Far This Year) BMW - Down 4.4% (25,777 Vehicles Sold This Month, 179,213 Vehicles Sold So Far This Year) Buick - Up 10.4% (22,960 Vehicles Sold This Month, 127,167 Vehicles Sold So Far This Year) Cadillac - Up 1.3% (14,341 Vehicles Sold This Month, 87,572 Vehicles Sold So Far This Year) Chevrolet - Down 5.3% (178,820 Vehicles Sold This Month, 1,185,710 Vehicles Sold So Far This Year) Chrysler - Down 4% (19,095 Vehicles Sold This Month, 148,398 Vehicles Sold So Far This Year) Dodge - Down 10% (35,520 Vehicles Sold This Month, 311,658 Vehicles Sold So Far This Year) Fiat - Down 14% (2,754 Vehicles Sold This Month, 19,346 Vehicles Sold So Far This Year) Ford - Down 2.7% (207,381 Vehicles Sold This Month, 1,507,132 Vehicles Sold So Far This Year) GMC - Up 4.8% (51,137 Vehicles Sold This Month, 305,724 Vehicles Sold So Far This Year) Honda - Up 5.9% (139,125 Vehicles Sold This Month, 852,486 Vehicles Sold So Far This Year) Hyundai - Up 5.6% (75,003 Vehicles Sold This Month, 449,063 Vehicles Sold So Far This Year) Infiniti - Down 4.7% (9,945 Vehicles Sold This Month, 74,923 Vehicles Sold So Far This Year) Jaguar - Jeep - Up 5% (79,246 Vehicles Sold This Month, 543,714 Vehicles Sold So Far This Year) Kia - Up 6.5% (59,969 Vehicles Sold This Month, 388,296 Vehicles Sold So Far This Year) Land Rover - Lexus - Down 6.5% (27,890 Vehicles Sold This Month, 179,454 Vehicles Sold So Far This Year) Lincoln - Down 4.6% (9,098 Vehicles Sold This Month, 62,395 Vehicles Sold So Far This Year) Maserati - Down 15.3% (811 Vehicles Sold This Month, 6,013 Vehicles Sold So Far This Year) Mazda - Up 2.8% (27,915 Vehicles Sold This Month, 173,269 Vehicles Sold So Far This Year) Mercedes-Benz - Up 3.6% (28,523 Vehicles Sold This Month, 191,300 Vehicles Sold So Far This Year) MINI - Down 8% (4,774 Vehicles Sold This Month, 29,918 Vehicles Sold So Far This Year) Mitsubishi - Up 0.3% (7,890 Vehicles Sold This Month, 59,824 Vehicles Sold So Far This Year) Nissan - Up 1.7% (122,530 Vehicles Sold This Month, 855,666 Vehicles Sold So Far This Year) Porsche - Ram Trucks - Up 5% (44,069 Vehicles Sold This Month, 302,082 Vehicles Sold So Far This Year) smart - Up 11.8% (493 Vehicles Sold This Month, 3,086 Vehicles Sold So Far This Year) Sprinter - Up 51.3% ( Vehicles Sold This Month, 3,086 Vehicles Sold So Far This Year) Subaru - Up 3.1% (52,093 Vehicles Sold This Month, 331,551 Vehicles Sold So Far This Year) Toyota - Down 0.5% (186,343 Vehicles Sold This Month, 1,232,579 Vehicles Sold So Far This Year) Volkswagen - Down 8.12% (28,758 Vehicles Sold This Month, 177,772 Vehicles Sold So Far This Year) Volvo - Up 52.8% (8,584 Vehicles Sold This Month, 45,238 Vehicles Sold So Far This Year) View full article

Nissan Group reports July 2016 U.S. sales NASHVILLE, Tenn. – Nissan Group today announced total U.S. sales for July 2016 of 132,475 units, an increase of 1 percent over the prior year, setting a July record. Nissan highlights: Nissan Division finished July with 122,530 sales, up 2 percent, setting a July record. Sales of the Nissan Versa increased 19 percent to 11,856. Nissan Maxima sales climbed to 5,990, up 44 percent. Overall sales of Nissan crossovers, trucks and SUVs set a July record, up 16 percent. Sales of the Rogue crossover set a best month ever record with sales 33,298, up 33 percent. Sales of the Murano crossover increased 15 percent to 6,271. Sales of the Frontier pickup truck increased 73% to 7,244. NISSAN DIVISION JULY JULY Monthly CYTD CYTD CYTD 2016 2015 % chg 2016 2015 % chg Nissan Division Total 122,530 120,439 1.7 855,666 792,642 8.0 Versa 11,856 9,949 19.2 84,317 76,904 9.6 Sentra 18,536 18,511 0.1 141,550 124,412 13.8 Cube 0 52 -100.0 15 842 -98.2 Altima 24,949 33,842 -26.3 197,644 205,873 -4.0 Maxima 5,990 4,175 43.5 36,743 18,680 96.7 LEAF 1,063 1,174 -9.5 6,856 10,990 -37.6 Juke 1,568 2,347 -33.2 14,124 16,994 -16.9 370Z 722 673 7.3 3,702 4,674 -20.8 GT-R 52 66 -21.2 367 826 -55.6 Total Car 64,736 70,789 -8.6 485,318 460,195 5.5 Frontier 7,244 4,194 72.7 52,255 38,999 34.0 Titan 1,143 1,126 1.5 7,242 7,175 0.9 Xterra 0 1,196 -100.0 36 8,114 -99.6 Pathfinder 5,530 7,802 -29.1 45,289 49,740 -8.9 Armada 606 878 -31.0 5,857 8,067 -27.4 Rogue 33,298 25,081 32.8 182,181 160,478 13.5 Murano 6,271 5,459 14.9 45,764 33,934 34.9 Quest 712 895 -20.4 9,519 6,295 51.2 NV 1,510 1,526 -1.0 10,557 9,712 8.7 NV200 1,480 1,493 -0.9 11,648 9,933 17 Total Truck 57,794 49,650 16.4 370,348 332,447 11.4 INFINITI JULY JULY Monthly CYTD CYTD CYTD 2016 2015 % chg 2016 2015 % chg Infiniti Total 9,945 10,433 -4.7 74,923 74,713 0.3 Infiniti Q40 1 407 -99.8 59 8,084 -99.3 Infiniti Q50 2,805 3,807 -26.3 23,059 24,207 -4.7 Infiniti Q60 62 319 -80.6 747 2,611 -71.4 Infiniti Q70 507 572 -11.4 3,654 5,056 -27.7 Infiniti QX50 1,360 182 647.3 9,984 1,614 518.6 Infiniti QX60 3,701 3,760 -1.6 24,673 21,538 14.6 Infiniti QX70 242 310 -21.9 3,416 3,201 6.7 Infiniti QX80 1,267 1,076 17.8 9,331 8,402 11.1 Total Car 3,375 5,105 -33.9 27,519 39,958 -31.1 Total Truck 6,570 5,328 23.3 47,404 34,755 36.4 NISSAN GROUP JULY JULY Monthly CYTD CYTD CYTD 2016 2015 % chg 2016 2015 % chg TOTAL VEHICLE 132,475 130,872 1.2 930,589 867,355 7.3 Total Car 68,111 75,894 -10.3 512,837 500,153 2.5 Total Truck 64,364 54,978 17.1 417,752 367,202 13.8 Selling days 26 26 178 178 # # #

FCA US Reports Increase in July 2016 U.S. Sales Jeep® and Ram Truck brands both up 5 percent year-over-year Sales of Jeep Renegade up 57 percent in July versus same month in 2015 Ram ProMaster and Ram ProMaster City vans drive brand increase in July All-new 2017 Fiat 124 Spider posts 480 sales in its first full month in the marketplace Sales of all-new 2017 Chrysler Pacifica up month-over-month as launch momentum continues to build August 2, 2016 , Auburn Hills, Mich. - FCA US LLC today reported U.S. sales of 180,727 units, up 0.3 percent compared with sales in July 2015 (180,124 units). FCA US retail sales of 155,885 were down 2 percent in July, while fleet sales of 24,842 were up 22 percent year-over-year. Both the Jeep® and Ram Truck brands were up 5 percent in July compared with the same month a year ago. The Jeep Renegade, Jeep Grand Cherokee, Jeep Compass and Jeep Patriot posted sales gains in July versus July 2015, as did the Ram pickup truck and the Ram ProMaster and Ram ProMaster City vans. Two Dodge brand models – the Dodge Grand Caravan and the Dodge Challenger – also turned in year-over-year sales gains in July. Sales of the Fiat 500X were up year-over-year as well. Jeep Brand Jeep brand sales were up 5 percent in July versus the same month in 2015. The Jeep Renegade’s 57 percent increase was the largest percentage increase of any Jeep brand model in July. In addition, the Jeep Grand Cherokee, Jeep Compass and the Jeep Patriot each logged a year-over-year sales gain. Last month, the Jeep Grand Cherokee – the most awarded SUV ever – won AutoPacific’s Ideal Vehicle Award for the Mid-Size SUV segment for the sixth consecutive year. Ram Truck Brand Ram Truck brand sales, which include the Ram pickup, Ram ProMaster and Ram ProMaster City, were up 5 percent in July versus the same month a year ago. The increase was driven in part by double-digit percentage increases by the Ram ProMaster and the Ram ProMaster City vans. In addition, sales of the Ram pickup truck were up 2 percent compared with the same month a year ago. FCA US announced in July that it will invest $1.48 billion in its Sterling Heights Assembly Plant (Mich.) to retool it to build the next-generation Ram 1500 and support the future growth of the Ram Truck brand. Chrysler Brand Chrysler brand sales were down 4 percent in July compared with the same month a year ago. The all-new 2017 Chrysler Pacifica continues to build momentum in the marketplace. Sales of the Pacifica were up 1 percent in July compared with the previous month of June. July was the minivan’s fourth month in the marketplace. The Pacifica earned an Editor’s Choice pick in July from Roadshow by CNET, in part for the “nicest interior and smart, family-minded technology.” Dodge Brand Dodge brand sales were down 10 percent in July compared with the same month a year ago. The Dodge Grand Caravan and the Dodge Challenger each posted year-over-year increases in July versus the same month a year ago. Sales of the Grand Caravan were up 28 percent, while sales of the Challenger muscle car increased 7 percent in July. For the fourth year, the Challenger won AutoPacific’s Ideal Vehicle Award in the Sporty Car segment, having the “Most Ideal Sporty Car” in its segment. FIAT Brand FIAT brand sales, which include the Fiat 500, Fiat 500L and 500X, were down 14 percent in July. In its first month on sale, the all-new 2017 Fiat 124 Spider posted 480 in sales in July. The 124 Spider revives the storied nameplate, bringing its classic Italian styling and performance to a new generation. Paying homage to the original 124 Spider nearly 50 years after its introduction, the 2017 Fiat 124 Spider delivers the ultimate Italian roadster experience with driving excitement, technology and safety combined with iconic design. In July, sales of the Fiat 500X were up 1 percent compared with the same month a year ago. FCA US LLC Sales Summary July 2016 Reflects Restated Sales Month Sales Vol % CYTD Sales Vol % Model Curr Yr Pr Yr Change Curr Yr Pr Yr Change Compass 7,005 5,359 31% 57,565 33,527 72% Patriot 11,288 10,211 11% 71,926 69,638 3% Wrangler 18,741 19,828 -5% 119,042 121,272 -2% Cherokee 15,451 17,460 -12% 116,424 122,568 -5% Grand Cherokee 16,704 16,191 3% 116,850 109,176 7% Renegade 10,057 6,410 57% 61,907 19,920 211% JEEP BRAND 79,246 75,459 5% 543,714 476,101 14% 200 5,474 9,526 -43% 41,676 116,135 -64% 300 2,369 3,820 -38% 33,154 28,730 15% Town & Country 3,341 6,561 -49% 54,826 46,214 19% Pacifica 7,911 0 New 18,742 0 New CHRYSLER BRAND 19,095 19,907 -4% 148,398 191,079 -22% Dart 3,341 5,797 -42% 31,602 54,759 -42% Avenger 0 90 -100% 0 1,152 -100% Charger 4,949 5,936 -17% 57,852 60,838 -5% Challenger 5,619 5,241 7% 39,998 42,332 -6% Viper 49 57 -14% 350 419 -16% Journey 6,376 9,255 -31% 54,051 62,008 -13% Caravan 10,055 7,846 28% 84,140 45,888 83% Durango 5,131 5,270 -3% 43,665 36,305 20% DODGE BRAND 35,520 39,492 -10% 311,658 303,701 3% Ram P/U 39,827 39,159 2% 270,637 254,902 6% Cargo Van 0 59 -100% 21 2,115 -99% ProMaster Van 3,055 2,167 41% 20,527 14,225 44% ProMaster City 1,187 636 87% 10,897 3,682 196% RAM BRAND 44,069 42,021 5% 302,082 274,924 10% Alfa 4C 43 49 -12% 338 354 -5% ALFA BRAND 43 49 -12% 338 354 -5% 500 1,097 1,940 -43% 8,857 15,880 -44% 500L 227 314 -28% 2,527 6,020 -58% 500X 950 942 1% 7,481 1,218 514% Spider 480 0 New 481 0 New FIAT BRAND 2,754 3,196 -14% 19,346 23,118 -16% TOTAL FCA US LLC 180,727 180,124 0% 1,325,536 1,269,277 4% Total Car & MPV 44,955 47,177 -5% 374,543 418,721 -11% Total UV's 91,703 90,926 1% 648,911 575,632 13% Total Truck & LCV 44,069 42,021 5% 302,082 274,924 10%

GM’s Gains One Percentage Point of Retail Share in July, Driving Share to Highest Level Since December 2011 Chevrolet continues as fastest growing full-line brand GM retail sales grows 5 percent, continues as fastest growing full-line manufacturer Chevrolet, GMC, Buick, and Cadillac July retail sales up 3 percent, 10 percent, 13 percent and 1 percent, respectively Less profitable daily rental deliveries down 10,160 vehicles or 42 percent in July, as planned DETROIT – General Motors (NYSE: GM) sold 236,235 vehicles to individual or “retail” customers in July, up 5 percent year-over-year, driven by across the board increases at Chevrolet, GMC, Buick and Cadillac. GM’s brands collectively had their best July retail sales performance since 2007. Based on initial estimates, GM’s retail market share rose 1 percentage point in July to 17.9 percent, GM’s highest monthly retail market share since December 2011. GM has gained retail market share in 14 of the past 15 months, dating to April 2015. From a retail share perspective, Chevrolet, GMC and Buick gained 0.4 percentage points, 0.3 percentage points and 0.2 percentage points in July, respectively. Less profitable daily rental sales were down 10,160 vehicles or 42 percent, in July as planned. GM’s total sales in July were down less than 2 percent to 267,258 vehicles. Through the first seven months of the year, GM retail sales are up 2 percent and retail share is up 0.6 percentage points, the largest retail share gain of any full-line automaker. Year to date, Chevrolet retail sales are up 3 percent and the brand’s retail share has grown 0.5 percentage points. Chevrolet remains the fastest-growing full-line brand in the industry. Year to date, Buick retail deliveries have grown 6 percent and Buick has gained 0.1 percentage points of retail share. In addition, GMC’s year to date retail sales are up slightly and GMC grew retail share by 0.1 percentage points. GM continues to dominate the full-size pickup segment. The ongoing sales performance of the Chevrolet Silverado and GMC Sierra full-size pickups shows GM’s product portfolio strength with retail customers. According to JD Power PIN estimates, combined retail sales of the Silverado and Sierra grew to more than 43 percent of the full-size pickup segment in July. “Our retail-focused plan is working and as availability of our new cars, trucks and crossovers continues to grow, we expect to keep our retail sales momentum going and our strong margins intact,” said Kurt McNeil, U.S. vice president of Sales Operations. “We are growing our retail business while keeping inventories lean, incentive spend disciplined and growing our transaction prices faster than the industry average.” GM ended July with a 66-days supply of vehicles. GM’s first and second quarters ended with 71 and 72 days supply of vehicles, respectively. Lean inventories reduce the pressure to use incentives to move product and positions the company well if the market begins to soften. As part of its retail-focused strategy, GM continues to reduce daily rental deliveries, as planned. Through July, GM’s daily rental deliveries are down 38 percent from a year ago. In addition, GM continues to take advantage of a strong, stable U.S. economy to grow its retail business. “Low interest rates, full employment, stable fuel prices and increasing wages remain in place and these positive factors continue to point toward a strong second half of the year and another potential record year for the industry,” said Mustafa Mohatarem, GM’s chief economist. July Retail Sales and Business Highlights vs. 2015 (except as noted) Chevrolet Light-duty crew cab Silverado sales were the best ever for a July, and best ever for year to date Colorado, Equinox, Suburban, Tahoe, Traverse and Trax were up 27 percent, 8 percent, 13 percent, 12 percent, 24 percent and 63 percent, respectively Suburban and Tahoe had their best July since 2007 and best year to date since 2008 Equinox had its best July on record Traverse and Trax had their best month ever Colorado had its best July since 2006 Spark, SS and Volt sales were up 42 percent, 62 percent and 83 percent, respectively Spark and Volt had their best July and year to date performances ever GMC Canyon and Sierra up 34 percent and 21 percent, respectively Terrain, Yukon and Yukon XL were up 2 percent, 21 percent and 26 percent, respectively Best July ever for Terrain Best July for Sierra since 2006 Yukon has achieved 11 straight year-over-year increases Best year to date sales for the brand since 2005 All-new Acadia has strong start with “days to turn” at 11 days Buick Regal was up 16 percent Enclave and Encore were up 7 percent and 6 percent, respectively Buick dealers delivered 1,421 Envisions in July with “days to turn” at 21 days Best July for Regal since 2011 Best July ever for Enclave Best month ever for Encore Encore has achieved 31 straight months of year-over-year gains Best year to date sales for the brand since 2005 Cadillac ATS and Escalade were up 15 percent and 1 percent, respectively Cadillac dealers delivered 4,844 XT5s with a “days to turn” at 25 days Year to date, Cadillac held the highest ATP in the luxury segment with $53,891 Average Transaction Prices (ATP)/Incentives (J.D. Power PIN estimates) GM’s ATPs, which reflect retail transaction prices after sales incentives, were $34,887, more than $4,100 above the industry average and more than $1,100 above last July’s performance GM’s incentive spending thru July 24th was 14.2 percent. Final July incentive spend is expected to be in line with domestic competitors. GM’s temporary spike in incentive spending resulted from an eight-day sale in early July to begin the sell-down of several 2016 model year vehicles. GM’s incentive spending average for the year is 11.4 percent, compared to an industry average of 11.0 percent and well below other domestic and select Asian competitors. Fleet and Commercial GM’s fleet mix in July was 11.6 percent of total sales, below the company’s full-year guidance of 20 percent Year to date, Commerical and Government deliveries were up 1 percent Small business sales were up 4 percent year to date Industry Sales GM estimates that the seasonally adjusted annual selling rate (SAAR) for light vehicles in July was 17.9 million units. On a calendar year-to-date basis, GM estimates the light-vehicle SAAR was 17.3 million units Year to date, industry sales are up nearly 1 percent, compared to 2015

FORD U.S. VAN SALES UP 26 PERCENT, TRUCK SALES UP 5 PERCENT IN JULY; TOTAL SALES DOWN 3 PERCENT ON LOWER RETAIL DEMAND Ford sold 87,104 trucks and vans in July – up 5 percent versus a year ago Ford vans up 26 percent, led by Transit; Ford F-Series sales total 65,657 pickups – down 1 percent Lincoln posts retail gain of 2 percent with gains from new Lincoln MKZ and Lincoln MKX Total U.S. company sales were 216,479, down 3 percent, with fleet up 6 percent and retail down 6 percent DEARBORN, Mich., Aug. 2, 2016 – Ford Motor Company’s total truck sales, including pickups and vans, grew 5 percent in July versus a year ago with 87,104 sold. Overall company U.S. sales were down 3 percent, with 216,479 total vehicles sold. Fleet sales – sales to large companies, government customers and rental car companies – were up 6 percent, with 55,321 sold. Retail sales were down 6 percent, with 161,158 sold. Van sales reached their best July sales since 1978, with 20,236 sold, driven largely by Transit with a 41 percent gain. F-Series pickups posted a 1 percent decline, with 65,657 sold. “Trucks and vans continue to be market strengths for Ford,” said Mark LaNeve, Ford vice president, U.S. Marketing, Sales and Service. “Van customers rewarded us with another strong year-over-year gain, and F-Series had its best retail sales this year.” Ford’s overall transaction pricing also grew $1,600 in July versus a year ago – more than double the industry average – driven by the continued higher mix shift to trucks and SUVs. On the success of its newest products, Lincoln retail sales rose 2 percent in July. Lincoln MKZ sales were up 12 percent, while Lincoln MKX was up 5 percent.

As the Hyundai Genesis transitions into the Genesis G80 for the 2017 model year, the price also transitions to a higher point. The 2017 G80 will begin at $42,350 (includes a $950 destination charge), which is $2,650 premium over the outgoing model. That will net you the 3.8L V6 with 311 horsepower paired with an eight-speed automatic. The V6 is also the only way you'll be able to get all-wheel drive (adds $2,500 to the base price). If you want a V8, you'll need to pony up $55,500. Being a Genesis model, the G80 will feature 3 years or 36K miles complimentary scheduled maintenance and valet services. The 2017 G80 will arrive at dealers next month. Source: Genesis Press Release is on Page 2 GENESIS ANNOUNCES PRICING FOR 2017 GENESIS G80 MID-LUXURY SEDAN New luxury car brand Genesis announces starting price of $41,400 for its first model Standardized advanced safety technology unsurpassed in the mid-luxury segment Genesis G80 provides a stress-free ownership experience with exclusive service valet and maintenance programs FOUNTAIN VALLEY, Calif., Aug. 1, 2016 – Genesis today announced pricing for the new 2017 Genesis G80 mid-luxury sedan, which offers the ultimate in refined performance, human-focused technology and first-class quality. Genesis represents a progressive step forward with a new approach to luxury, focused on providing world-class safety, unprecedented convenience and an exclusive customer experience. Starting at $41,400, the G80 standardizes advanced safety technology with a suite of active safety features for superior passenger and vehicle protection. Even more, like all Genesis models, the G80 carries an unparalleled Genesis Experience and industry-leading warranty. The 2017 Genesis G80 is manufactured in Ulsan, Korea and will be available next month across the United States. “The launch of the Genesis brand is an exciting time and opportunity to pioneer change and rethink luxury within the automotive space,” said Erwin Raphael, general manager of the Genesis brand in the U.S. market. “The ultimate luxury is time, and it is our goal to not only develop best-in-class products, but also create a stress-free ownership experience through thoughtful and personalized processes.” The Genesis G80 is incredibly well-equipped in every configuration and is powered by either a 3.8-liter V6 or 5.0-liter V8 engine. To meet the needs of consumers, the V6 engine offers the option of a sophisticated AWD system, known as HTRAC®, which broadens the luxury sedan’s appeal in the snowbelt regions throughout the U.S. 2017 Genesis G80 Engine MSRP* G80 3.8 RWD 3.8L V6 $41,400 G80 3.8 AWD 3.8L V6 $43,900 G80 5.0 RWD 5.0L V8 $54,550 *MSRP excludes $950 freight charge The G80 provides an unrivaled standard suite of active driver safety technologies unsurpassed in the mid-luxury segment. These features cover the full spectrum of safety, from driver aids to prevent accidents to total occupant safety, and even the safety of other drivers on the road. Standard Advanced Safety & Technology Highlights: Automatic Emergency Braking (AEB) Blind Spot Detection (BSD) with Rear Cross-Traffic Alert (RCTA) Lane Keep Assist (LKA) and Lane Departure Warning (LDW) High Beam Assist Pre-safety seat belt and nine airbags Smart Cruise Control with Stop/Start capability Electronic Parking Brake with Automatic Vehicle Hold 8-inch touchscreen navigation system with rearview camera The G80 3.8L also offers Premium and Ultimate equipment packages to provide customers with additional luxury and convenience features such as a panoramic sunroof, full color heads-up display, and a 17-speaker Lexicon® premium audio system. The top of the line G80 5.0L comes fully equipped with larger 19-inch wheels, quad exhaust tips and illuminated door sill plates. To further differentiate itself within the luxury space, the Genesis G80 will launch with exclusive customer programs to truly elevate the ownership experience. From valet service appointments scheduled using the Genesis mobile app, to complimentary maintenance and Genesis Connected Services, the Genesis Experience is designed to provide time-saving conveniences that in total no other luxury brand offers. These programs will be applied to all future Genesis models. 3 years/36K miles Complimentary Scheduled Maintenance 3 years/36K miles Complimentary Valet Services 3 years Complimentary Genesis Connected Services including Connected Care, Remote, and Guidance 3 years Complimentary SiriusXM Travel Link (Traffic & Data) 3 years Complimentary Map Care – map updates Best-in-Industry Warranty with Enhanced Roadside Assistance and Concierge Services View full article