Drew Dowdell

Especially in such a rough month for everyone else.

Ford won't be out until Thursday. Just waiting for the others to trickle out.

MITSUBISHI MOTORS REPORTS BEST MONTHLY SALES SINCE 2004 CYPRESS, Calif. – Mitsubishi Motors North America, Inc. (MMNA), the fastest-growing Asian brand in the U.S. for the second consecutive year*, today reported March 2019 sales of 19,599, an increase of 36.9 percent over March 2018. This is the single-best sales month since March 2004, as well as being the best March since 2004 as well. The brand's dynamic lineup of crossover utility vehicles (CUVs) led the way for the month with March 2019 sales up over 60 percent compared to March 2018. Through the first quarter of 2019, calendar year sales are 42,067, an increase of 17.6 percent over the same period in 2018, and the best first quarter of the year since 2004. News and Notes: The popular three-row Outlander CUV had its best sales month ever with 7,923 units sold. The vehicle has been on sale since 2002 Outlander Sport posted its best March ever with sales of 5,309 vehicles MMNA's CUV lineup posted combined sales of 16,716 vehicles sold in March, up 60.1 percent over March 2018 2019 calendar year sales of 42,067 vehicles sold represent a year-over-year increase of 17.6 percent compared to the same period in 2018 During March, MMNA added seven new dealer partners to its rapidly growing U.S. retail network MAR YTD 2019 2018 2019 2018 Mirage 2880 3106 6242 5532 Lancer** 3 773 0 2062 Outlander Sport 5309 4674 12457 13430 Outlander 7923 4789 13740 13099 Outlander PHEV 341 373 631 996 Eclipse Cross 3143 604 8997 653 Total 19599 14319 42067 35772

MAZDA REPORTS MARCH SALES RESULTS April 2, 2019 IRVINE, Calif. (April 2, 2019) – Mazda North American Operations (MNAO) today reported total March sales of 26,934 vehicles, a decrease of 19.1 percent compared to March 2018. Year-to-date sales through March saw a decrease of 15.7 percent, with 70,833 vehicles sold. With 27 selling days in March, compared to 28 the year prior, the company posted a decrease of 16.1 percent on a Daily Selling Rate (DSR) basis. CPO sales totaled 5,555 vehicles in March, an increase of 22 percent compared to March 2018.Year-to-date CPO sales through March increased 18 percent, with 13,857 vehicles sold. Mazda Motor de Mexico (MMdM) reported March sales of 6,031 vehicles, an increase of 46 percent compared to March last year. Year-to-date sales through March increased 22 percent, with more than 16,189 vehicles sold.

KIA MOTORS AMERICA ANNOUNCES MARCH SALES Year-Over-Year Sales Up 10.2-Percent More Than 8 Million Kia Vehicles Sold in the U.S. Since 1994 IRVINE, Calif., April 2, 2019 – Kia Motors America today announced March sales of 55,814 vehicles, up 10.2-percent over the same period last year and marking the brand’s best first quarter performance since 2016. The increase in sales was propelled by the all-new Telluride SUV, with 5,080 units sold during the vehicle’s first full month of nationwide availability. In addition, March also saw the brand surpass more than 8 million Kia vehicles sold since entering the U.S market in 1994. “Demand for the all-new Telluride has exceeded our own high expectations and the increased showroom traffic helped Kia to a strong first quarter close,” said Bill Peffer, vice president, sales operations, Kia Motors America. “As we begin the second quarter with a new advertising campaign for the 2020 Soul, we anticipate consumer interest in the Kia brand will continue to grow well into the spring and summer sales period.” About Kia Motors America Headquartered in Irvine, California, Kia Motors America continues to top quality surveys and is recognized as one of the 100 Best Global Brands and 50 Best Global Green Brands by Interbrand. Kia serves as the "Official Automotive Partner" of the NBA and LPGA and offers a complete range of vehicles sold through a network of nearly 800 dealers in the U.S., including cars and SUVs proudly assembled in West Point, Georgia.* For media information, including photography, visit www.kiamedia.com. To receive custom email notifications for press releases the moment they are published, subscribe at www.kiamedia.com/us/en/newsalert. *The Telluride, Sorento and Optima (excluding Hybrid and Plug-In Hybrid) are assembled in the United States from U.S. and globally sourced parts. MONTH OF MARCH YEAR-TO-DATE Model 2019 2018 2019 2018 Rio 2,414 2,147 5,844 5,025 Forte 8,466 9,381 21,374 23,731 Optima 9,603 8,010 22,668 19,610 Cadenza 147 767 411 2,179 Stinger 1,254 1,555 3,227 3,920 K900 40 37 102 91 Soul 9,860 8,849 25,553 21,418 Niro 1,609 2,478 5,346 6,335 Sportage 6,467 7,880 19,198 19,459 Sorento 9,507 8,027 23,619 21,386 Telluride 5,080 N/A 5,395 N/A Sedona 1,367 1,514 3,859 3,791 Total 55,814 50,645 136,596 126,945

Toyota Motor North America Reports March 2019 Sales C-HR sales increased 8.1 percent; a best-ever March and first quarter 4Runner sales up 6.4 percent; a best-ever March and first quarter Tacoma up 12.6 percent; a best-ever March and first quarter NXh sales up 21.2 percent; a best-ever March (18th consecutive) and first quarter PLANO, Texas (April 2, 2019) – Toyota Motor North America (TMNA) today reported March 2019 sales of 214,947 vehicles, an increase of 0.1 percent on a daily selling rate (DSR) basis and a decrease of 3.5 percent on a volume basis versus March 2018. For the quarter, TMNA reported sales of 543,714 vehicles, a decrease of 3.7 percent on a DSR basis and a 5.0 percent decrease on a volume basis. Toyota division posted March sales of 185,696 units, down 1.6 percent on a DSR basis and down 5.1 percent on a volume basis. For the quarter, Toyota division reported sales of 476,923 vehicles, down 4.8 percent on a DSR basis and down 6.1 percent on a volume basis. “Light trucks and SUVs continue to lead the way for our industry, and Toyota’s Tacoma and RAV4 first-quarter sales results are a reflection of the strong consumer appeal of these vehicles,” said Jack Hollis, group vice president and general manager, Toyota division. “Passenger cars, however, remain an important part of Toyota’s portfolio. Earlier in the month, we introduced the all-new Corolla — the world’s best-selling nameplate — now with a hybrid option, which comes on the heels of Prius AWD, Camry TRD and Avalon TRD introductions. While some of our competitors are abandoning sedans, we remain optimistic about the future of the segment.” Lexus division posted March sales of 29,249 vehicles, up 12.2 percent on a DSR basis and up 8.2 percent on a volume basis. For the quarter, Lexus sales of 66,791 vehicles were up 5.4 percent on a DSR basis and up 4.0 percent on a volume basis. “Lexus had a solid start to 2019. The launch of the all-new UX was a success in Q1, particularly with the introduction of the UX 250h,” said David Christ, group vice president and general manager, Lexus division. “We are looking forward to continued momentum next quarter with the updated Lexus RC F and limited-edition RC F Track Edition arriving at dealerships this month.” March 2019 Highlights C-HR sales increased 8.1 percent; a best-ever March and first quarter 4Runner sales up 6.4 percent; a best-ever March and first quarter Tacoma up 12.6 percent; a best-ever March and first quarter; 17 consecutive months of increased sales Light trucks marked a best-ever March, with 114,844 in sales RAV4 posted sales of 33,166 Mirai sales increased 112.0 percent; a best-ever March NXh sales up 21.2 percent; a best-ever March (18th consecutive) and first quarter LX sales up 4.5 percent ES sales increased by 25.0 percent RC sales up 55.7 percent Lexus Hybrid sales up 94.1 percent *Note: Unless otherwise stated, all figures reflect unadjusted raw sales volume TOYOTA U.S. SALES SUMMARY March 2019 -- CURRENT MONTH -- 2019 2018 DSR % VOL % -- CALENDAR YEAR TO DATE -- 2019 2018 DSR % VOL % TOTAL TOYOTA 214,947 222,787 0.1 -3.5 543,716 572,041 -3.7 -5.0 TOTAL TOYOTA DIV 185,696 195,750 -1.6 -5.1 476,923 507,824 -4.8 -6.1 TOTAL LEXUS 29,249 27,037 12.2 8.2 66,791 64,217 5.4 4.0 YARIS SD (INCL YAR IA) 3,947 2,918 40.3 35.3 7,710 7,506 4.1 2.7 YARIS LIFTBACK 52 144 -62.6 -63.9 184 454 -58.9 -59.5 TOTAL YARIS 3,999 3,062 35.4 30.6 7,894 7,960 0.5 -0.8 tC 0 0 0.0 0.0 0 1 -100.0 -100.0 COROLLA HB (INCL COR IM) 2,144 2,147 3.6 -0.1 5,263 5,029 6.0 4.7 COROLLA SEDAN 22,335 29,245 -23.4 -26.2 72,590 72,791 1.0 -0.3 TOTAL COROLLA 24,479 31,392 -19.1 -22.0 78,606 77,820 2.3 1.0 SUPRA 0 0 0.0 0.0 0 0 0.0 0.0 86 (INCL FR-S) 320 491 -32.4 -34.8 807 1,182 -30.8 -31.7 MIRAI 176 83 119.9 112.0 347 462 -23.9 -24.9 AVALON 2,855 4,068 -27.2 -29.8 6,619 10,576 -36.6 -37.4 PRIUS 5,410 8,222 -31.8 -34.2 12,058 22,235 -45.1 -45.8 CAMRY 33,615 35,264 -1.1 -4.7 81,684 90,767 -8.8 -10.0 TOTAL TOYOTA DIV. CAR 70,854 82,595 -11.0 -14.2 188,017 211,016 -9.7 -10.9 CT 0 1 -100 -100 0 4 -100.0 -100.0 IS 1,694 2,312 -24.0 -26.7 3,884 5,283 -25.5 -26.5 RC 422 271 61.5 55.7 963 618 57.9 55.8 ES 4,922 3,938 29.6 25.0 11,390 9,263 24.6 23.0 GS 394 754 -45.8 -47.7 955 1,763 -45.1 -45.8 LS 457 1,008 -53.0 -54.7 1,404 1,673 -15.0 -16.1 LC 141 218 -32.9 -35.3 320 522 -37.9 -38.7 LFA 0 0 0 0 3 1 204 200 TOTAL LEXUS CAR 8,030 8,502 -2.1 -5.6 18,919 19,127 0.2 -1.1 TOTAL TOYOTA CAR 78,884 91,097 -10.2 -13.4 206,936 230,130 -8.9 -10.1 SIENNA 8,351 7,559 14.6 10.5 18,616 23,619 -20.1 -21.2 C-HR 5,676 5,253 12.1 8.1 14,521 13,619 8.0 6.6 RAV4 33,166 34,937 -1.6 -5.1 83,820 91,461 -7.1 -8.4 FJ CRUISER 0 0 0 0 0 1 -100 -100 VENZA 1 0 0 0 1 0 0 0 HIGHLANDER 20,824 21,438 0.7 -2.9 52,621 52,882 0.8 -0.5 4RUNNER 12,510 11,761 10.3 6.4 32,829 31,550 5.4 4.1 SEQUOIA 843 1,006 -13.1 -16.2 2,410 2,828 -13.7 -14.8 LAND CRUISER 324 267 25.8 21.3 807 764 7.0 5.6 TOTAL TOYOTA DIV. SUV 73,344 74,662 1.9 -1.8 187,009 193,105 -1.9 -3.2 TACOMA 22,798 20,250 16.8 12.6 58,183 53,779 9.6 8.2 TUNDRA 10,351 10,697 0.3 -3.2 25,100 26,318 -3.4 -4.6 TOTAL TOYOTA DIV. PICKUP 33,149 30,947 11.1 7.1 83,283 80,097 5.3 4.0 TOTAL TOYOTA DIV. TRUCK 114,844 113,168 5.2 1.5 288,908 296,821 -1.4 -2.7 UX 1,776 0 0.0 0.0 3,925 0 0.0 0.0 NX 5,633 5,859 -0.3 -3.9 13,775 14,327 -2.6 -3.9 RX 10,967 9,819 15.8 11.7 23,529 23,795 0.2 -1.1 2,291 2,329 2.0 -1.6 5,429 5,691 -3.3 -4.6 552 528 8.4 4.5 1,214 1,277 -3.7 -4.9 21,219 18,535 18.7 14.5 47,872 45,090 7.6 6.2 136,063 131,703 7.1 3.3 336,780 341,911 -0.2 -1.5 27 28 76 77 TOYOTA U.S. SALES SUMMARY March 2019 -- CURRENT MONTH -- 2019 2018 DSR % VOL % -- CALENDAR YEAR TO DATE -- 2019 2018 DSR % VOL % COROLLA 20,388 29,245 -27.7 -30.3 71,381 72,791 -0.6 -1.9 CAMRY 33,519 33,235 4.6 0.9 81,283 82,164 0.2 -1.1 AVALON 2,855 4,068 -27.2 -29.8 6,619 10,576 -36.6 -37.4 YARIS SD (INCL YARIS IA) 3,947 2,918 40.3 35.3 7,710 7,506 4.1 2.7 RAV4 12,631 14,622 -10.4 -13.6 29,472 41,184 -27.5 -28.4 VENZA 1 0 0.0 0.0 1 0 0.0 0.0 HIGHLANDER 20,824 21,438 0.7 -2.9 52,620 52,882 0.8 -0.5 SIENNA 8,351 7,559 14.6 10.5 18,616 23,619 -20.1 -21.2 SEQUOIA 843 1,006 -13.1 -16.2 2,410 2,828 -13.7 -14.8 TACOMA 22,798 20,250 16.8 12.6 58,183 53,779 9.6 8.2 TUNDRA 10,351 10,697 0.3 -3.2 25,100 26,318 -3.4 -4.6 ES 3,882 3,507 14.8 10.7 8,844 8,282 8.2 6.8 RX 9,227 8,203 16.6 12.5 19,013 21,009 -8.3 -9.5 TOTAL 149,617 156,748 -1.0 -4.5 381,252 402,938 -4.1 -5.4 N.A VEHICLES % OF TOTAL 69.6% 70.4% 70.1% 70.4% TOYOTA DIV. IMPORT CAR 10,143 13,116 -19.8 -22.7 21,022 37,966 -43.9 -44.6 LEXUS IMPORT CAR 4,148 4,995 -13.9 -17.0 10,075 10,845 -5.9 -7.1 TOYOTA DIV NA BUILT CARS 60,709 69,466 -9.4 -12.6 166,993 173,037 -2.2 -3.5 LEXUS NA BUILT CARS 3,882 3,507 14.8 10.7 8,844 8,282 8.2 6.8 TOTAL TOYOTA CARS 78,882 91,084 -10.2 -13.4 206,934 230,130 -8.9 -10.1 TOYOTA DIV. IMPORT TRUCK 39,045 37,596 7.7 3.9 102,506 96,211 7.9 6.5 LEXUS IMPORT TRUCK 11,992 10,332 20.4 16.1 28,859 24,081 21.4 19.8 TOYOTA DIV NA BUILT TRUCK 75,799 75,572 4.0 0.3 186,402 200,610 -5.9 -7.1 LEXUS NA BUILT TRUCK 9,227 8,203 16.6 12.5 19,013 21,009 -8.3 -9.5 TOTAL TOYOTA TRUCK 136,063 131,703 7.1 3.3 336,780 341,911 -0.2 -1.5 Selling Days 27 28 76 77 TOYOTA U.S. HYBRID SALES SUMMARY March 2019 -- CURRENT MONTH -- -- CALENDAR YEAR TO DATE -- 2019 2018 DSR % 2019 2018 DSR % TOYOTA PRIUS HYBRID 5,410 8,222 -31.8% 12,058 22,235 -45.1% TOYOTA COROLLA HYBRID 743 0 0.0% 753 0 0.0% TOYOTA CAMRY HYBRID 2,606 2,125 27.2% 6,366 5,303 21.6% TOYOTA AVALON HYBRID 734 828 -8.1% 1,793 1,818 -0.1% TOYOTA MIRAI 176 83 119.9% 347 462 -23.9% TOYOTA HIGHLANDER HYBRID 1,252 1,401 -7.3% 3,404 3,471 -0.6% TOYOTA RAV4 HYBRID 892 4,128 -77.6% 2,829 11,289 -74.6% LEXUS ES HYBRID 844 388 125.6% 1,890 865 121.4% LEXUS GS HYBRID 0 2 -100.0% 4 10 -60% LEXUS UX HYBRID 889 0 0.0% 1,983 0 0 LEXUS NX HYBRID 891 735 25.70% 2,301 1711 36.30% LEXUS RX HYBRID 1,522 965 63.60% 3,441 2216 57.30% LEXUS LS HYBRID 15 41 -62.10% 33 68 -50.80% LEXUS LC HYBRID 4 13 -68% 7 30 -76.40% LEXUS CT HYBRID 0 1 -100% 0 4 -100.0% TOTAL TMNA HYBRID 15,978 18,932 -12.50% 37,209 49,482 -23.80% TOTAL TOYOTA HYBRID 11,813 16,787 -27.00% 27,550 44,578 -37.40% TOTAL LEXUS HYBRID 4,165 2,145 101.40% 9,659 4,904 99.60%

The First of GM’s All-New Pickups Posts a 20 Percent Q1 Gain Industry retail sales, consumer sentiment rebounding GM average transaction prices set new first-quarter company record Chevrolet Trax, Equinox and Colorado set first-quarter company sales records DETROIT — General Motors (NYSE: GM) announced today that it delivered 665,840 vehicles in the first quarter of 2019, with a selling mix of trucks, SUVs and crossovers above 80 percent. GM’s focus on these vibrant segments helped it earn the highest average transaction prices for any first quarter in the company’s history. The Chevrolet Trax, Equinox and Colorado all set GM first-quarter sales records and the GMC Acadia posted its best quarter ever. The all-new Cadillac XT4 was the best-selling vehicle in its segment and the Buick Enclave was up 28 percent versus a year ago. The all-new full-size pickups from Chevrolet and GMC are also off to a very strong start. “Our production launch was very smooth and crew cab sales are brisk, especially those with premium trims,” said Kurt McNeil, U.S. vice president, Sales Operations. “We look forward to improving availability of our wide-range of cabs, trim series and powertrains.” First-quarter 2019 average transaction prices for GM's all-new, light-duty pickups were $8,040 higher compared to their outgoing models in the first quarter of 2018, with the GMC Sierra leading the segment, according to J.D. Power PIN estimates. Combined sales of the 2019 Chevrolet Silverado 1500 and GMC Sierra 1500 crew cabs — the first of the company’s all-new full-size pickups to launch — were up 20 percent year over year. Crew-cab production mix is currently running above 70 percent to meet strong customer demand, up 10 percentage points on average from the previous-generation trucks. More than 95 percent of the all-new GMC Sierra 1500 crew cab sales are high-end trims including SLT, AT4 and Denali. Availability of all-new regular-cab and double-cab pickups was very limited during the quarter due to launch timing, but full production of all cab styles started in March and they currently are arriving in dealer showrooms. GM will begin the next phase of its full-size pickup truck launch in the second half of the year with the all-new 2020 Chevrolet Silverado HD and GMC Sierra HD. “We are bullish on pickups and expect to gain sales momentum throughout the year,” said McNeil. “We are installing capacity in Flint to build more HD pickups in total, more crew cab models, more dualies and diesel models, too, all in response to dealer and customer demand.” Other new models launching this year include the XT6, Cadillac’s first three-row crossover, and the CT5, Cadillac’s new luxury-sport sedan. The all-new Chevrolet Blazer is also gaining momentum, and the brand will begin national advertising for the vehicle during the second quarter as production ramps up. Solid U.S. Economy, Strong GM Operating Discipline GM sales in the first quarter of 2019 were down 7 percent year over year compared to a very strong first quarter of 2018. “After a slow start to the year, the retail SAAR has risen each month since January,” said Elaine Buckberg, GM chief economist. “Consumer sentiment continued to recover in March and the other key drivers of auto sales like employment, wage growth and household balance sheets are healthy. The Fed paused in raising interest rates, which eases a headwind facing auto sales. Overall, the U.S. economy is in solid shape, which bodes well for the industry outlook.” GM’s Commercial deliveries, which are another barometer of economic strength, grew at an average annual rate of more than 7 percent from 2012 to 2017 and were up 11 percent year over year in 2018. Commercial deliveries were close to flat to a very strong first quarter a year ago, even with limited availability of regular light- and heavy-duty pickups, and heavy-duty crew-cab pickups. GM has demonstrated continued strong operating discipline and is very well positioned heading into the second quarter: The company’s incentive spending as a percentage of average transaction price was 13 percent, down close to a full percentage point year over year, according to J.D Power PIN. GM’s per-unit incentive spending was down $175 year over year, as domestic competitors increased their spending in the quarter, according to J.D. Power PIN. Average transaction prices rose $938 to a first-quarter record of $35,881, according to J.D. Power PIN. Inventory is a healthy 818,967 units heading into the second quarter, which tends to be a strong quarter for industry sales. QUARTER 1 (CALENDAR YEAR-TO-DATE) JANUARY - MARCH 2019 2018 %Change Volume 2019 2018 %Change Volume Cascada 746 918 -18.7 746 918 -18.7 Enclave 12,580 9,869 27.5 12,580 9,869 27.5 Encore 24,606 25,468 -3.4 24,606 25,468 -3.4 Envision 7,623 9,696 -21.4 7,623 9,696 -21.4 LaCrosse 2,902 7,066 -58.9 2,902 7,066 -58.9 Regal 3,408 3,708 -8.1 3,408 3,708 -8.1 Buick Total 51,867 56,804 -8.7 51,867 56,804 -8.7 ATS 522 3,962 -86.8 522 3,962 -86.8 CT6 2,188 2,467 -11.3 2,188 2,467 -11.3 CTS 2,428 2,442 -0.6 2,428 2,442 -0.6 Escalade 6,819 8,111 -15.9 6,819 8,111 -15.9 XT4 7,026 0 ***.* 7,026 0 ***.* XT5 13,278 14,845 -10.6 13,278 14,845 -10.6 XTS 3,734 4,898 -23.8 3,734 4,898 -23.8 Cadillac Total 35,995 36,727 -2.0 35,995 36,727 -2.0 Blazer 3,023 0 ***.* 3,023 0 ***.* Bolt EV 4,316 4,375 -1.3 4,316 4,375 -1.3 Camaro 12,083 11,792 2.5 12,083 11,792 2.5 Colorado 33,494 28,859 16.1 33,494 28,859 16.1 Corvette 3,943 4,457 -11.5 3,943 4,457 -11.5 Cruze 23,311 39,855 -41.5 23,311 39,855 -41.5 Equinox 88,500 82,398 7.4 88,500 82,398 7.4 Express 17,215 19,774 -12.9 17,215 19,774 -12.9 Impala 13,259 14,067 -5.7 13,259 14,067 -5.7 LCF 559 530 5.5 559 530 5.5 Malibu 34,197 34,150 0.1 34,197 34,150 0.1 Silverado 114,313 135,545 -15.7 114,313 135,545 -15.7 Sonic 4,460 5,983 -25.5 4,460 5,983 -25.5 Spark 6,423 6,945 -7.5 6,423 6,945 -7.5 Suburban 11,029 14,725 -25.1 11,029 14,725 -25.1 Tahoe 20,853 23,643 -11.8 20,853 23,643 -11.8 Traverse 34,223 38,198 -10.4 34,223 38,198 -10.4 Trax 24,580 20,482 20.0 24,580 20,482 20.0 Volt 2,520 3,478 -27.5 2,520 3,478 -27.5 Chevrolet Total 452,401 490,919 -7.8 452,401 490,919 -7.8 Acadia 31,200 29,900 4.3 31,200 29,900 4.3 Canyon 6,954 7,213 -3.6 6,954 7,213 -3.6 Savana 6,566 4,797 36.9 6,566 4,797 36.9 Sierra 40,546 41,468 -2.2 40,546 41,468 -2.2 Terrain 25,364 32,964 -23.1 25,364 32,964 -23.1 Yukon 14,947 15,002 -0.4 14,947 15,002 -0.4 GMC Total 125,577 131,344 -4.4 125,577 131,344 -4.4 GM Vehicle Total* 665,840 715,794 -7.0 665,840 715,794 -7.0 76 selling days for the QUARTER 1 this year and 77 for same QUARTER last year.

Volkswagen of America March 2019 Sales Mar. 19 Mar. 18 Yr/Yr% change Mar. 19 YTD Mar. 18 YTD Yr/Yr% change Golf 865 913 -5.3% 1,387 1,913 -27% GTI 1,406 1,821 -23% 3,590 5,126 -30% Golf R 89 346 -74% 144 349 -59% e-Golf 581 164 254% 863 540 60% Golf SportWagen 1,001 1,626 -38% 1,802 4,084 -56% Total Golf Family 3,942 4,870 -19% 7,786 12,012 -35% Jetta Sedan 9,105 5,512 65% 23,089 14,610 58% Jetta SportWagen (now Golf SportWagen) N/A 15 N/A N/A 40 N/A Total Jetta 9,105 5,527 65% 23,089 14,650 58% Beetle Coupe 1,151 1,155 -0.3% 2,531 2,516 0.60% Beetle Convertible 876 604 45% 1,924 1,362 41% Total Beetle 2,027 1,759 15% 4,455 3,878 15% Passat 2,762 4,292 -36% 7,758 9,762 -21% CC 9 57 -84% 22 152 -86% Tiguan Limited 42 1,441 -97% 164 5,330 -97% Tiguan 11,805 8,276 43% 26,533 22,098 20% Total Tiguan 11,847 9,717 22% 26,697 27,428 -2.7% Touareg 19 263 -93% 86 938 -91% Atlas 7,381 6,063 22% 15,979 15,132 5.6% Total Car 17,845 16,505 8.1% 43,110 40,454 6.6% Total SUV 19,247 16,043 20% 42,762 43,498 -1.70% TOTAL 37,092 32,548 14% 85,872 83,952 2.3% About Volkswagen of America, Inc. Founded in 1955, Volkswagen of America, Inc., an operating unit of Volkswagen Group of America, Inc. (VWoA) is headquartered in Herndon, Virginia. It is a subsidiary of Volkswagen AG, headquartered in Wolfsburg, Germany. VWoA’s operations in the United States include research and development, parts and vehicle processing, parts distribution centers, sales, marketing and service offices, financial service centers, and its state -of-the- art manufacturing facility in Chattanooga, Tennessee. The Volkswagen Group is one of the world's largest producers of passenger cars and Europe's largest automaker. VWoA sells the Atlas, Beetle, Beetle Convertible, e-Golf, Golf, Golf Alltrack, Golf GTI, Golf R, Golf SportWagen, Jetta, Passat, and Tiguan vehicles through more than 650 independent U.S. dealers. Visit Volkswagen of America online at www.vw.com or media.vw.com to learn more. Notes: This press release and images are available at media.vw.com.

Quarterly: Ford Motor Company - Down 1.6% for the quarter, Down 1.6% for the year General Motors Co. - Down 7% for the quarter, Down 7% for the year Tesla - Up 110% for the quarter, Up 110% for the year Monthly: Audi of America - Up 1.1% for the month, Up 9.4% for the year BMW of North America - Up 0.4% for the month, Down 1.9% for the year FCA US LLC - Down 7% for the month, Down 3% for the year Genesis Motor America - Honda Motor Co. - Up 4.3% for the month, Up 2.0% for the year Hyundai Motor America - Up 1.7% for the month, Up 2.1% for the year Jaguar Land Rover North America - Down 7% for the month Kia Motors America - Up 10.2% for the month, Up 7.6% for the year Mazda North American Operations - Down 19.1% for the month, Down 15.7% for the year Mercedes-Benz USA - Down 2.7% for the month, Down 9.3% for the year Mitsubishi Motors North America - Up 36.9% for the month, Up 17.6% for the year Nissan Group - Down 7.2% for the month, Down 12.1% for the year Porsche Cars North America Inc. - Up 0.5% for the month, Up 7.7% for the year Subaru of America, Inc. - Up 6.0% for the Month, Up 4.7% for the year Toyota Motor North America - Down 3.5% for the month, Down 5% for the year Volkswagen of America - Up 14% for the month, Up 2.3% for the year Volvo Cars of North America, LLC - Up 16.2% for the month, Up 9.8% for the year Brands (Quarterly): Buick - Down 8.7% - 51,876 QTD / YTD Cadillac - Down 2.0% - 35,995 QTD / YTD Chevrolet - Down 7.8% - 452,401 QTD / YTD GMC - Down 4.4% - 125,577 QTD / YTD Ford - Down 2.1% - 565,274 QTD / YTD Lincoln - Up 11.2% - 24,974 QTD / YTD Tesla - Up 110% - 30,600 QTD / YTD Brands (Monthly): Acura - Up 10.4% - 14,408 MTD / 36,385 YTD Alfa Romeo - Down 31% - 1,774 MTD / 4,286 YTD Audi - Up 1.1% - 20,302 MTD / 14,859 YTD BMW - Up 2.9% - 32,228 MTD / 73,888 YTD Chrysler - Down 38% - 12,169 MTD / 31,591 YTD Dodge - Down 6% - 46,367 MTD / 110,517 YTD Fiat - Down 45% - 847 MTD / 2,214 YTD Genesis - Honda - Up 7.9% - 134,101 MTD / 333,402 YTD Hyundai - Up 1.7% - 61,177 MTD / 147,585 YTD Infiniti - Down 23.1% - 13,406 MTD / 34,315 YTD Jaguar - Up 13% - 3,679 MTD Jeep - Down 11% - 87,328 MTD / 212,804 YTD Kia - Up 10.2% - 55,814 MTD / 136,596 YTD Land Rover - Down 13% - 9,492 MTD Lexus - Up 8.2% - 29,249 MTD / 66,791 YTD Mazda - Down 19.1% - 26,934 MTD / 70,833 YTD Mercedes-Benz - Down 4.9% - 27,004 MTD / 71,171 YTD Mercedes-Benz Vans - Up 19.1% - 3,533 MTD / 7,476 YTD MINI - Down 16.8% - 3,769 MTD / 8,905 YTD Mitsubishi - Up 17.6% - 19,599 MTD / 42,067 YTD Nissan - Down 5.3% - 137,365 MTD / 331,536 YTD Porsche - Up 0.48% - 4,779 MTD / 15,024 YTD Ram Trucks - Up 15% - 51,822 MTD / 137,013 YTD Smart - Down 18.2% - 90 MTD / 231 YTD Subaru - Up 6.0% - 61,601 MTD / 156,754 YTD Toyota - Down 5.1% - 185,696 MTD / 476,923 YTD Volkswagen - Up 14% - 37,092 MTD / 85,872 YTD Volvo - Up 16.2% - 9,569 MTD / 22,058 YTD View full article

FCA US Reports March 2019 Sales Ram pickup reports new March record as sales increase 9 percent to 45,187 sold Jeep® Grand Cherokee notches best March ever as sales rise 26 percent to 24,655 vehicles sold Ram brand sets new March record as sales jump 15 percent to 51,822 sold April 2, 2019 , Auburn Hills, Mich. - FCA US LLC reported a new March record for the Ram brand as sales jumped 15 percent, underscoring the success the company has found in its two-pronged strategy of selling both the Ram 1500 and Ram Classic. The performance of the Ram brand, combined with a new March record for Jeep® Grand Cherokee, countered general softness within the industry. FCA sold 200,307 vehicles in the month. "The industry had a tough first quarter but with spring finally starting to show its face and continued strong economic indicators, such as a boost in housing sales, lower lending rates and a strong labor market, we are confident that new vehicle sales demand will strengthen going forward," Reid Bigland, Head of U.S. Sales, said. "Meanwhile, our Ram brand sales and average transaction prices continue to be strong and our much anticipated, game-changing Jeep Gladiator pickup is on track for its in-market debut this month." See the attached table for the breakdown of brand and nameplate sales. Method of Determining FCA US LLC’s Monthly Sales. FCA US’s reported vehicle sales represent unit sales of vehicles to retail customers, deliveries of vehicles to fleet customers and to others such as FCA US’s employees and retirees as well as vehicles used for marketing. Most of these reported sales reflect retail sales made by dealers out of their own inventory of vehicles previously purchased by them from FCA US. Reported vehicle units sales do not correspond to FCA US’s reported revenues, which are based on FCA US’s sale and delivery of vehicles, and typically recognized upon shipment to the dealer or end customer. As announced on July 26, 2016, FCA US has modified its methodology for monthly sales reporting as follows: Sales to retail customers by dealers in the U.S. are derived from the New Vehicle Delivery Report (“NVDR”) system and are determined as the sum of (A) all sales recorded by dealers during the month net of all unwound transactions recorded to the end of that month (whether the original sale was recorded in the current month or any prior month); plus (B) all sales of vehicles during that month attributable to past unwinds that had previously been reversed in determining monthly sales (in the current or prior months). Fleet sales are recorded upon the shipment of the vehicle by FCA US to the customer or end user. Other retail sales are recorded either (A) when the sale is recorded in the NVDR system (for sales by dealers in Puerto Rico and limited sales made through distributors that submit NVDRs in the same manner as for sales by U.S. dealers) or (B) upon receipt of a similar delivery notification (for vehicles for which NVDRs are not entered such as vehicles for FCA employees). FCA US LLC Sales Summary March 2019 Model Month Sales Vol % Change CYTD Sales Curr Yr Pr Yr Vol % Change Curr Yr Pr Yr Compass 14,945 17,302 -14% 37,306 43,520 -14% Patriot 1 100 -99% 10 364 -97% Wrangler 21,963 27,829 -21% 49,978 55,504 -10% Gladiator 43 0 New 123 0 New Cherokee 18,262 23,764 -23% 49,420 50,610 -2% Grand Cherokee 24,665 19,616 26% 57,749 53,448 8% Renegade 7,449 9,771 -24% 18,218 24,659 -26% JEEP BRAND 87,328 98,382 -11% 212,804 228,105 -7% Ram P/U 45,187 41,307 9% 120,026 103,964 15% Cargo Van 0 0 0% 0 0 ProMaster Van 4,928 2,451 101% 13,319 6,457 106% ProMaster City 1,707 1,120 52% 3,668 3,233 13% RAM BRAND 51,822 44,878 15% 137,013 113,654 21% 200 8 189 -96% 26 659 -96% 300 3,704 6,223 -40% 8,290 12,992 -36% Town & Country 0 1 -100% 1 3 -67% Pacifica 8,457 13,086 -35% 23,274 32,579 -29% CHRYSLER BRAND 12,169 19,499 -38% 31,591 46,233 -32% Dart 2 87 -98% 8 252 -97% Avenger 0 0 100% 0 1 -100% Charger 8,858 8,504 4% 20,615 21,265 -3% Challenger 6,562 8,150 -19% 13,431 17,648 -24% Viper 0 6 -100% 1 9 -89% Journey 8,513 10,275 -17% 24,003 18,419 30% Caravan 15,806 16,292 -3% 35,440 43,144 -18% Durango 6,626 5,870 13% 17,019 16,233 5% DODGE BRAND 46,367 49,184 -6% 110,517 116,971 -6% 500 310 439 -29% 778 1,309 -41% 500L 61 173 -65% 168 395 -57% 500X 262 607 -57% 755 1,579 -52% Spider 214 325 -34% 513 731 -30% FIAT BRAND 847 1,544 -45% 2,214 4,014 -45% Giulia 858 1,284 -33% 2,035 3,085 -34% Alfa 4C 18 22 -18% 41 54 -24% Stelvio 898 1,270 -29% 2,210 2,653 -17% ALFA ROMEO 1,774 2,576 -31% 4,286 5,792 -26% FCA US LLC 200,307 216,063 -7% 498,425 514,769 -3%

BMW of North America Reports March 2019 U.S. Sales. BMW Sports Activity Vehicles Reach 59% of Total Sales; on Record Level through Q1 2019. U.S.-Built BMW X3 Sports Activity Vehicle Remains Best-Selling BMW in the U.S. Woodcliff Lake, NJ – April 2, 2019… Sales of BMW brand vehicles increased 2.9 percent in March 2019 for a total of 32,228 over the 31,311 vehicles sold in March 2018. Top-selling vehicles in March included the BMW X3 and BMW X5 Sports Activity Vehicles, along with the all-new BMW 3 Series sedan, the core of the BMW “Ultimate Driving Machine” brand, and the BMW X7 Sports Activity Vehicle, both in their first full month of sales. “March’s results are due to the success of our U.S.-built Sports Activity Vehicles, the outstanding sales of the BMW X3 and X5, and the incredible reception from our customers to the X7 and brand new 3 Series,” said Bernhard Kuhnt, president and CEO, BMW of North America. “We are pleased to finish Q1 on a positive note, thanks to the arrival of so much exciting new product and the strength of our dealer network.” Sales of the BMW X3 reached 6,727 units in March, once again making it the best-selling BMW in the U.S. The BMW X7 had a very strong introduction in its first month on showroom floors, selling 2,186 units. Table 1: New Vehicle Sales BMW of North America, LLC, March 2019 March March % YTD YTD % 2019 2018 2019 2018 BMW passenger cars 17,632 20,648 -14.6 41,686 47,541 -12.3 BMW light trucks 14,596 10,663 36.9 32,202 26,294 22.5 TOTAL BMW 32,228 31,311 2.9 73,888 73,835 0.1 BMW Group Electrified Vehicle Sales BMW Group sales of electric and plug-in hybrid electric vehicles totaled 1,147 in March 2019, a decrease of 55.7 percent over the 2,588 sold in the same month a year ago. Model changeover has limited the current BMW Group electrified lineup to five models including the BMW i3, BMW i8 and i8 Roadster, BMW 530e, and MINI Countryman plug-in hybrid electric vehicle. Plug-in hybrid variants of the BMW X5, the all-new BMW 3 Series and updated BMW 7 Series recently debuted at the Geneva International Motor Show. These models and a plug-in-hybrid variant of the BMW X3 will begin sales in the U.S. at a future date. MINI Brand Sales For March, MINI USA reported 3,769 vehicles sold, a decrease of 16.8 percent from the 4,531 sold in the same month a year ago. BMW Pre-Owned Vehicles BMW Certified Pre-Owned sold 10,858 vehicles, a decrease of 6.9 percent from March 2018. Total BMW Pre-Owned sold 23,536 vehicles, an increase of 3.7 percent from March 2018. MINI Pre-Owned Vehicles MINI Certified Pre-Owned sold 1,238 vehicles, an increase of 10.3 percent from March 2018. Total MINI Pre-Owned sold 2,849 vehicles, a decrease of 5.8 percent from March 2018. Table 2: Pre-Owned Vehicle Sales BMW of North America, LLC, March 2019 Mar-19 Mar-18 % YTD YTD % 2019 2018 BMW CPO 10,858 11,666 -6.90% 27,578 30,347 -9.10% BMW Total Pre-Owned 23,536 22,690 3.70% 59,352 57,590 3.10% MINI CPO 1,238 1,122 10.30% 3,015 2,700 11.70% MINI Total Pre-Owned 2,849 3,025 -5.80% 7,065 7,308 -3.30%

Nissan Group reports March 2019 U.S. sales March 2019 March 2018 % chg Nissan Group Total sales (units) 150,768 162,535 -7.2 Nissan Division sales 137,362 145,103 -5.3 INFINITI sales* 13,406 17,432 -23.1 NASHVILLE, Tenn. – Nissan Group announced total U.S. sales for March 2019 of 150,768 units, a decrease of 7% compared to the prior year. Nissan highlights: Armada SUV sales were 4,409 units, up 3% to achieve a March record. Nissan Pathfinder sales in March increased 8% to 7,226 units. NV commercial van sales were 1,805 units, up 12% in March. Several key models have shown gains in 2019: NV commercial vans (+20%), Armada (+8%) and the LEAF all-electric vehicle (+6%). *INFINITI sales total included for reference. For more information on INFINITI’s March sales performance, please visit INFINITINews.com. NOTE: To ensure consistency in global sales reporting, Nissan North America calculates monthly variances on a straight-percentage basis, unadjusted for the number of selling days. March 2019 had 27 selling days, while March 2018 had 28 selling days. NISSAN DIVISION MAR MAR Monthly CYTD CYTD CYTD 2019 2018 % chg 2019 2018 % chg Nissan Division Total 137,362 145,103 -5.3 331,536 375,116 -11.6 Versa 10,933 10,921 0.1 24,992 25,365 -1.5 Sentra 25,633 25,123 2.0 56,793 60,002 -5.3 Altima 23,075 23,518 -1.9 51,480 63,406 -18.8 Maxima 3,593 5,034 -28.6 10,554 13,754 -23.3 LEAF 1,314 1,500 -12.4 2,685 2,545 5.5 Juke 4 142 -97.2 9 456 -98.0 370Z 263 447 -41.2 647 983 -34.2 GT-R 49 66 -25.8 93 135 -31.1 Total Car 64,864 66,751 -2.8 147,253 166,646 -11.6 Kicks 5,144 0 n/a 12,519 0 n/a Frontier 7,868 8,932 -11.9 20,221 22,825 -11.4 Titan 3,930 4,912 -20.0 9,683 12,724 -23.9 Pathfinder 7,226 6,680 8.2 17,354 18,106 -4.2 Armada 4,409 4,288 2.8 9,801 9,082 7.9 Rogue 35,802 42,151 -15.1 93,814 116,454 -19.4 Murano 4,237 7,751 -45.3 11,729 20,722 -43.4 Quest 0 0 n/a 0 2 -100.0 NV 1,805 1,606 12.4 4,507 3,768 19.6 NV200 2,077 2,032 2.2 4,655 4,787 -2.8 Total Truck 72,498 78,352 -7.5 184,283 208,470 -11.6 INFINITI MAR MAR Monthly CYTD CYTD CYTD 2019 2018 % chg 2019 2018 % chg Infiniti Total 13,406 17,432 -23.1 34,315 40,887 -16.1 Infiniti Q50 3,785 5,085 -25.6 8,264 11,701 -29.4 Infiniti Q60 571 1,136 -49.7 1,304 2,603 -49.9 Infiniti Q70 458 655 -30.1 962 1,491 -35.5 Infiniti QX30 548 1,227 -55.3 1,577 2,815 -44.0 Infiniti QX50 1,639 1,913 -14.3 3,583 4,084 -12.3 Infiniti QX60 4,525 5,115 -11.5 12,830 12,024 6.7 Infiniti QX70 2 221 -99.1 6 570 -98.9 Infiniti QX80 1,878 2,080 -9.7 5,789 5,599 3.4 Total Car 4,814 6,876 -30.0 10,530 15,795 -33.3 Total Truck 8,592 10,556 -18.6 23,785 25,092 -5.2 NISSAN GROUP MAR MAR Monthly CYTD CYTD CYTD 2019 2018 % chg 2019 2018 % chg TOTAL VEHICLE 150,768 162,535 -7.2 365,851 416,003 -12.1 Total Car 69,678 73,627 -5.4 157,783 182,441 -13.5 Total Truck 81,090 88,908 -8.8 208,068 233,562 -10.9 Selling days 27 28 76 77 # # #

American Honda and Honda Brand Set March Sales Records Fueled by Robust Car Sales; Acura Brand Continues Resurgence Apr 2, 2019 American Honda nets car, truck and overall March sales records, rising 4%, 4.5% and 4.3% respectively Honda cars gain 5.3% while trucks rise 2.9% resulting in March records for both, as well as Honda brand Honda cars sales surge with Accord gaining 5%, and Civic up 3.3% with a new March record Acura sales increase 6.4% in March as resurgence continues with 8.9% gain in first quarter of 2019 Acura RDX sets yet another monthly sales record with a 32.7% increase American Honda Total 148,509 +4.3% Cars 70,420 +4.1% Trucks 78,089 +4.5% Total 134,101 +4.1% Cars 65,829 +5.3% Trucks 68,272 +2.9% Total 14,408 +6.4% Cars 4,591 -10.3% Trucks 9,817 +16.6% Honda Sales Highlights Honda’s record March sales was led by Accord and Civic, as Honda cars were big contributors, even as trucks also set a new March record with strong sales for HR-V, CR-V and Ridgeline. Civic, the retail car sales leader through February, rose 3.3% on sales of 33,653 units for a new March record. Accord gained 5% on sales of more than 25,000 units for the month. HR-V set a March record, gaining 10.7% on sales of 8,582 units. Ridgeline sales were up 4.2% in March, on sales of 2,804 units. Electrified vehicle sales totaled 5,874, with notable gains from Insight, Clarity PHEV and Accord. Acura Sales Highlights Acura sales continued strong momentum with its best March sales in five years, rising 6.4% as the brand completed a strong first quarter. Driving the gains were ILX, up more than 40%, and RDX, which set a new March record. ILX jumped 41.3% on sales of 1,289 units, while TLX sales of 3,141 marked its best month since March 2018. RDX sales increased 32.7% in March, on the way to setting a 10th consecutive monthly record on sales of 5,835 vehicles. MDX maintained a strong pace with sales of nearly 4,000 units.

If they geared it right, it might just be a decent little city runabout.

Ford unveiled the completely redesigned 2020 Ford Escape today ahead of its official showing at the New York Auto Show in two weeks. Some of the biggest news about the Escape comes under the hood where 4 new powertrains debut. The standard engine will be a 1.5 liter Ecoboost 3-cylinder that can run as a 2 cylinder during light load situations. The engine is projected to produce 180 horsepower and 177 lb-ft of torque when fueled with premium gas. This is the first Ford engine with cylinder deactivation. The engine will be standard issue on S, SE, and SEL level trims. When properly equipped, the 1.5T will tow up to 2,000 lbs. For those wanting more power, the Titanium trim will have a 250 horsepower, 275 lb-ft Ecoboost displacing 2.0 liters and coming standard with AWD. When running 93 octane, Ford says it will propel the Escape to 60 10% faster than the outgoing model. Towing for the 2.0T is maximum rated at 3,500 lbs. Both Ecoboost engines send power to the wheels via an 8-speed automatic. For the Eco-minded the hybrid returns to the Escape lineup after a 7 year absence, also joined by a plug-in variant. The Plug-in uses an all new 2.5 liter 4-cylinder Atkinson cycle hybrid engine paired with a CVT. The combined output of the hybrid is rated at 198 horsepower and is capable of 85 mph in electric only mode. The hybrid will be available only on the SE Sport and Titanium trim. The Plug-in hybrid will be available on SE, SEL, and Titanium trims. It will have an electric only range of 30 miles. Level 1 and Level 2 charging are available. Level 1 110 volt outlet takes 10 to 11 hours for a full charge from empty, switching to level 2 cuts that time to about 3.5 hours. Total system power increases over the standard hybrid to 209 horsepower, but will not be available with All-wheel drive. Both hybrid models feature 4 EV modes that allow the driver to adjust drive settings to the most suitable for conditions and needs. Auto EV mode - the vehicle decides whether to run on gasoline or electric power. EV Now Mode - the vehicle operates on all-electric drive. EV Later Mode - the vehicle operates on gasoline power to conserve electric miles for later EV Charge Mode - the vehicle operates on gasoline and recharges the battery for later EV only mode. Helping on the efficiency front, Ford designers made the most aerodynamic Escape ever. They made a more sloped roofline and strake, an efficient underbody, and an optimized liftgate spoiler. Overall, the 2020 Escape is 200lbs lighter than its predecessor. The new Escape is longer, lower, and wider than the outgoing model. The two ecoboost engines boast a range of 400 miles per tank, while the standard hybrid with FWD aims for a range of 550 miles. Inside, Ford engineers optimized space to increase headroom and cargo capacity. With the second row in the fully forward position, the rear cargo area can accommodate 4 golf bags or a full size dog crate. On the safety front, the Escape comes with Ford Co-Pilot 360 standard. Other technologies like Adaptive Cruise and Lane-Centering are available. Passengers are entertained via an 8-inch touch screen standard on SE and above. The gauge cluster is a 12.3 inch all digital system that uses 3D animated graphic to indicate drive mode. The 2020 Ford Escape will reach dealers in the fall with the Plug-in Hybrid variant due in Spring 2020. We will have more of the 2020 Ford Escape from the New York Auto Show on April 17th. View full article