Pub. 5 Issue 4

28 Issue 2 2020 Covering Data thru September 2020 Los Angeles Auto Outlook Nissan 4.1% BMW 4.3% Tesla 4.4% Ford 4.6% Lexus 4.7% Kia 5.0% Mercedes 5.2% Chevrolet 5.3% Honda 14.8% Toyota 16.8% Jeep Wrangler 1.4% Chevrolet Silverado 1.6% Toyota Tacoma 2.0% Honda CR-V 2.3% Tesla Model 3 2.8% Toyota Corolla 3.0% Honda Accord 3.4% Toyota RAV4 3.5% Toyota Camry 3.5% Honda Civic 5.3% Los Angeles County New Vehicle Market Dashboard TRACKING ECONOMIC INDICATORS Total Employment in Los Angeles County Up $2.52 vs. year earlier 4.8% Monthly Unemployment Rates in Los Angeles County 18.5% 16.6% $34.15 TOP TEN RANKINGS IN COUNTY MARKET University of Michigan Consumer Sentiment Key Values During Past 10 Years 10 year low - 55.7 (Aug. 2011) 10 year high - 101.4 (Mar. 2018) 12 month high - 101.0 (Feb. 2020) -40.0 -20.0 0.0 20.0 40.0 '15 '16 '17 '18 '19 '20 Change vs. preceding quarter Quarters shown for each year Percent Change in U.S. Gross Domestic Product Change vs. previous quarter Sources: Bureau of Labor Statistics, University of Michigan, and U.S. Bureau of Econ. analysis. Data Source: AutoCount data from Experian. 2.0 3.0 4.0 5.0 6.0 Feb-12 May-12 Aug-12 Nov-12 Feb-13 May-13 Aug-13 Nov-13 Feb-14 May-14 Aug-14 Nov-14 Feb-15 May-15 Aug-15 Nov-15 Feb-16 May-16 Aug-16 Nov-16 Feb-17 May-17 Aug-17 Nov-17 Feb-18 May-18 Aug-18 Nov-18 Feb-19 May-19 Aug-19 Nov-19 Feb-20 May-20 Aug-20 Millions Following the sharp de- cline in April, total em- ployment in Los Angeles County has trended up- ward, but still remains well below pre-pandemic levels. The county un- employment rate was 16.6% in August, down from 18.5% in July, but higher than a year earlier. Consumer sentiment has improved somewhat dur- ing the past few months, but is still off from recent highs. AUGUST 2019 SU MO TU WE TH FR SA JULY 2020 SU MO TU WE TH FR SA AUGUST 2020 SU MO TU WE TH FR SA Average Hourly Earnings for All Workers in County - August 2020 Market Share for Top Ten Selling Brands in County Market YTD 2020 thru September Market Share for Top Ten Selling Models in County Market YTD 2020 thru September Most recent - 78.1 (Sept.. 2020)  AUTO OUTLOOK — continued on page 29