William Maley

It has been hinted at and rumored for a few years. But today, PSA Peugeot Citroën announced they would be making a return to the U.S. During a presentation for analysts and investors at PSA's headquarters in Paris, CEO Carlos Tavares unveiled a ten-year plan that could result in the launch of Citroën, DS, and Peugeot vehicles to the U.S. The plan would be split up into three steps. Step one: Enter the U.S. as a mobility operator from 2017, possibly with Bollore,” said Tavares. Bollore is a French company that builds batteries and compact EVs that are mainly used by a French car-sharing service, Autolib. Citroën and Bollore are currently working together to bring a concept EV into production. Step two: Start up a car-sharing program (i.e. Zipcar, GM's Maven) that would be owned and operated by PSA. Step three: If the first two steps are successful, PSA could return “to sell cars in the U.S. supported by regional sourcing when appropriate,” Tavares said. Tavares says PSA has formed a team to study the U.S. market, what customers like and dislike; and the regulatory requirements. As Automotive News notes, this is wildly different than the plan provided by Yves Bonnefont, CEO of DS back in 2014. Bonnefont explained the strategy was to sell DS vehicles in 200 large cities around the world after 2020 - including the U.S. “We want to make DS a global premium brand, and you cannot be global without the U.S.,” said Bonnefont. Why ten years? A possible reason may come down to PSA Peugeot Citroën not having any presence in the U.S. As we noted in our report last month, PSA doesn't have any connections to dealers or manufacturers. Also, PSA closed down their U.S. office in 2013 as a way to cut costs. Source: Automotive News (Subscription Required) View full article

We know that Ford is hard at work on diesel option for the 2017 F-150, along with Hybrid model that is due out in 2020. Now there is a possible third powertrain that Ford is working on. Automobile and AutoGuide got their hands on new spy shots showing off an F-150 mule with the front fenders and hood covered. On the passenger side fender, there appears to be a door for a possible charging port (the video below gives a better view of it). The spy photographer also noted the engine would turn off at various points and the humming noise of an electric motor taking its place. Automobile speculates that along with the electric motor, there is likely the 2.7L EcoBoost V6 and ten-speed automatic transmission. Source: Automobile, AutoGuide View full article

Last October, Mazda revealed the RX-Vision concept. This concept featured a brand new rotary engine called SkyActiv-R. At the time, Mazda was keeping quiet on specifics of the engine. But it showed that Mazda was working on a next-gen rotary. Now, we have some clues as to the SkyActiv-R. autoevolution found a patent application filed by Mazda last fall and published last month by the U.S. Patent and Trademark office. The drawings in the application show the engine turned 180 degrees with the exhaust port on top and intake port on the bottom. This repositioning allows for minimal turbo lag thanks to the short distance from the exhaust port to the turbo. It also allows the engine to mounted lower in the vehicle to improve the center of gravity. Now this is only a patent application. It doesn't mean Mazda will put this exact engine into production. But for fans of the rotary engine, it gives them some hope that the engine will soon return. Source: autoevolution, USPTO View full article

The Lincoln Continental is turning out to be very popular with potential buyers. Automotive News reports that Lincoln has a list of 40,000 people who are interested buying the Continental. “People are asking a lot of questions about the car. This is the most buzz I’ve seen in a long, long time,” said Dan Marks, chairman of the Lincoln National Dealer Council. The list in question is the Continental “hand raiser” list, comprising of consumers who have provided contact information to follow-up once more information is provided. According to Matt VanDyke, director of global Lincoln, this list is longer than the one for the MKX crossover. But trying to get interested consumers into buyers is going to be a difficult task. One that could make or break the Continental. Source: Automotive News (Subscription Required) View full article

Mazda Reports March Sales 2016 Mazda MX-5 Miata Continues Hot Streak with Its Best March Since 2008 IRVINE, Calif. (April 1, 2016) – Mazda North American Operations (MNAO) today reported March U.S. sales of 23,396 vehicles, representing a decrease of 27.2 percent versus last year. Year-to-date sales through March are down 17.2 percent versus last year, with 64,643 vehicles sold. Key March sales notes: The World Car of the Year-winning 2016 MX-5 continues to sell at a brisk pace with a 104.9-percent YOY increase and the best March for MX-5 since 2008. In its seventh full month of sales, Mazda CX-3 enjoyed its second-best sales month ever with 1,748 units sold. With class-leading EPA-estimated fuel economy and a starting MSRP of $31,520, the all-new. 2016 CX-9 three-row crossover SUV is set to go on sale early this summer. Inventory for outgoing 2015 CX-9 vehicles is nearly sold out across the U.S. Mazda reported Certified Pre-Owned (CPO) March sales of 3,523 vehicles, down 11 percent YOY. Mazda Motor de Mexico (MMdM) reported March sales of 4,055 vehicles, down 8.0 percent versus last year. Year-to-date sales for MMdM are up 12.0 percent with 14,044 vehicles sold. Month-To-Date Year-To-Date March March % % MTD March March % % YTD 2016 2015 Change DSR 2016 2015 Change DSR Mazda2 – 36 (100.0)% (100.0)% – 228 (100.0)% (100.0)% Mazda3 7,307 10,534 (30.6)% (35.% 22,133 27,304 (18.9)% (18.9)% Mazda5 75 1,063 (92.9)% (93.5)% 205 4,003 (94.9)% (94.9)% Mazda6 4,094 7,568 (45.9)% (49.9)% 10,283 16,398 (37.3)% (37.3)% MX-5 Miata 1,090 532 104.9% 89.7% 2,409 1,381 74.4% 74.4% CX-3 1,748 – N/A N/A 4,916 – N/A N/A CX-5 8,965 10,899 (17.7)% (23.% 23,607 24,293 (2.% (2.% CX-9 117 1,489 (92.1)% (92.7)% 1,090 4,435 (75.4)% (75.4)% Total Vehicles CARS 12,566 19,733 (36.3)% (41.0)% 35,030 49,314 (29.0)% (29.0)% TRUCKS 10,830 12,388 (12.6)% (19.1)% 29,613 28,728 3.1% 3.1% TOTAL 23,396 32,121 (27.2)% (32.6)% 64,643 78,042 (17.2)% (17.2)% Selling Days 27 25 75 75

Hyundai Motor America Sets All-Time Monthly Sales Record Sonata and Genesis Sedan see best month ever Best CPO month ever FOUNTAIN VALLEY, Calif., April 1, 2016 /PRNewswire/ -- Hyundai Motor America today reported its best month ever, selling 75,310 units in March. This also marks the company's best first quarter in its history. "Sales of our all-new compact crossover Tucson and award-winning Sonata continued at a brisk pace through the end of the first quarter," said Derrick Hatami, vice president of national sales for Hyundai Motor America. Tucson sales were up 85 percent for the month, while Sonata sales spiked 57 percent, setting an all-time record with 28,778 units sold. Genesis sedan had its best month ever as well with sales of 3,197, up 32 percent. Sales of Certified Pre-Owned units were up 13 percent for the month and set an all-time record with 9,707 units. CARLINE MAR/2016 MAR/2015 CY/2016 CY/2015 ACCENT 7,879 7,494 17,826 16,799 SONATA 28,778 18,340 61,457 44,690 ELANTRA 17,505 28,794 39,363 56,742 SANTA FE 6,546 9,895 17,217 26,406 AZERA 508 616 1,355 1,957 TUCSON 7,830 4,222 20,384 11,127 VELOSTER 2,342 2,380 6,466 5,237 GENESIS 3,762 3,064 8,645 8,430 EQUUS 160 214 617 641 TOTAL 75,310 75,019 173,330 172,029

Volvo Posts Nine Months of Consecutive Double Digit Sales Growth Records Best March Since 2008 ROCKLEIGH, N.J. (April 1, 2016) - Volvo Car USA, LLC, (VCUSA) reported U.S. sales of 6,857 vehicles, a 15.9 percent increase versus March 2015. The ninth month of double digit growth was led by the award winning XC90 luxury SUV with 3,000 vehicles sold. Year-to-date sales are up 19.2 percent. “Our sales streak is certainly something we are proud of, led by the acclaimed XC90,” said Lex Kerssemakers, President and CEO of Volvo Car USA. “We just started taking pre-orders for the S90 luxury sedan, which we will arrive in dealerships this summer. Along with this, we launched the S90 concierge program to give our customers a personal contact throughout the purchase process.” 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 March 2016 March 2015 % Year To Date 2016 Year To Date 2015 % S60 1,210 1,970 -38.6 % 2,488 4,544 -45.2 % S60 CC 67 0 100.0 % 147 0 100.0 % S80 62 90 -31.1 % 146 372 -60.8 % V60 328 590 -44.4 % 727 1,221 -40.5 % V60 CC 171 225 -24.0 % 401 323 24.1 % XC60 1,599 2,464 -35.1 % 3,646 5,935 -38.6 % XC70 420 563 -25.4 % 959 1,209 -20.7 % XC90 0 13 - - 111 - All-New XC90 3,000 0 100.0 % 7,847 0 100.0 % C70 0 1 - - 7 - Total 6,857 5,916 15.9 % 16,361 13,722 19.2 % * I, II, III etc shows which generation the car model belongs to.

Porsche Reports March Sales U.S. Porsche dealers sell 4,323 vehicles in March ATLANTA, April 1, 2016 /PRNewswire/ -- Porsche Cars North America, Inc. (PCNA), importer and distributor in the United States of Porsche 918 Spyder, 911, Boxster and Cayman sports cars, Macan and Cayenne SUVs, and the Panamera four-door sports sedan line-up, today announced March 2016 sales of 4,323 vehicles. This yields first quarter growth of 7.1 percent in comparison to the same period in 2015. "It is exciting to report our record March sales supported by strong two-door sports car deliveries," Klaus Zellmer, President and Chief Executive Officer of PCNA, commented. "The 911, Boxster and Cayman all performed extremely well." In March, the 911 model range experienced growth of 12.2 percent over the same month last year. Boxster and Cayman sales were up 11.2 and 57.4 percent respectively when compared to March 2015. Macan models continue to remain in high demand with 3,604 vehicles sold year-to-date, up 38.6 percent over the first quarter of 2015. Porsche Approved Certified Pre-Owned vehicle sales in the U.S. were 1,456 for March 2016, an increase of 38.1 percent compared to the same period last year. Model March Sales Year-to-Date 2016 2015 2016 2015 ALL BOXSTER/CAYMAN 633 468 1,494 1,413 ALL 911/918 939 846 2,160 2,579 ALL CAYENNE 1,294 1,364 4,017 3,526 ALL PANAMERA 334 433 963 1,312 ALL MACAN 1,123 1,180 3,604 2,600 GRAND TOTALS 4,323 4,291 12,238 11,430

Subaru Of America, Inc. Reports Record March Sales Record March - monthly sales increase 0.4 percent over March 2015 Best first quarter in Subaru franchise history 52 consecutive months of month-over-month growth Best March ever for Outback and WRX/STI 25 consecutive months of more than 10,000 Outbacks sold 32 consecutive months of more than 10,000 Foresters sold CHERRY HILL, N.J., April 1, 2016 /PRNewswire/ -- Subaru of America, Inc. today reported record sales for March 2016 totaling 49,285 vehicles, a supply-constrained 0.4 percent gain over March 2015. The company also reported year-to-date sales of 132,397 vehicles, a 0.9 percent gain over the same period in 2015. March marked the 25th consecutive month of 40,000+ vehicle sales for the company, as well as the best first quarter in the history of the Subaru franchise. Outback and WRX/STI sales were notably strong as each carline achieved its best March ever.Furthering optimism around the brand, Subaru recently won in three major categories of the Kelley Blue Book KBB.com 2016 Brand Image Awards including Best Overall Brand, Most Trusted Brand and Best Performance Brand. “March marked another sales record, as well as the global debut of the all-new Impreza sedan and 5-door models at the New York International Auto Show,” said Thomas J. Doll, president and chief operating officer for Subaru of America. “Overall, this new Impreza will set a new standard in the compact segment and will provide today’s compact car buyer with exactly what they are looking for in terms of safety, reliability, drivability, connectivity and style.” “We are pleased to continue our string of monthly sales records given our low availability, as well as achieve the best first quarter in Subaru franchise history,” said Jeff Walters, senior vice president of sales for Subaru of America. “We continue to see strong demand for Subaru vehicles in the U.S., and our retailers are doing an excellent job supporting our growth.” Carline Mar-16 Mar-15 % Chg Mar-16 Mar-15 % Chg MTD MTD MTD YTD YTD YTD Forester 14,284 14,967 -4.6% 38,427 37,636 2.1% Impreza 5,193 5,364 -3.2% 14,007 15,286 -8.4% WRX/STI 2,737 2,471 10.8% 7,453 7,261 2.6% Legacy 5,551 6,148 -9.7% 14,478 14,371 0.7% Outback 14,122 12,504 12.9% 37,271 35,487 5.0% BRZ 425 495 -14.1% 1,211 1,159 4.5% Crosstrek 6,973 7,162 -2.6% 19,550 20,081 -2.6% TOTAL 49,285 49,111 0.4% 132,397 131,281 0.9%

Strong March Propels Kia Motors America To Best-Ever First Quarter Sales March Total of 58,279 Units Includes All-Time High for the Family of Forte Compact Cars; Year-to-Date Sales up 3.7% IRVINE, Calif., April 1, 2016 /PRNewswire/ -- With March sales of 58,279 units – including best-ever single month sales for the Forte line of compact cars – Kia Motors America (KMA) today announced a new first quarter record of 146,321 vehicles. The historic January-March performance saw the Forte, Sportage and Sedona nameplates post double digit gains over the same period last year. "After outpacing the industry last year and setting a new all-time annual sales record, Kia has carried its momentum into 2016," said Michael Sprague, chief operating officer and EVP, KMA. "Sell down of the outgoing Sportage exceeded our expectations, and the arrival of the completely redesigned model is the latest reason for customers to discover the 'New Kia' as we continue challenging everything people think they know about this brand." MONTH OF MARCH YEAR-TO-DATE Model 2016 2015 2016 2015 Rio 2,475 2,483 5,366 5,998 Forte 10,406 7,537 23,922 19,508 Optima 11,725 15,485 29,768 36,463 Cadenza 593 783 1,552 1,806 K900 95 88 246 269 Sportage 6,804 5,184 17,467 11,645 Sorento 9,897 10,842 24,693 26,903 Sedona 4,241 3,638 10,231 7,670 Soul 12,043 12,731 33,076 30,838 Total 58,279 58,771 146,321 141,100

Mitsubishi Springs Into March With Best March Sales Since 2007 Total March sales of 11,078 is best since 2007 Mirage posts its biggest sales month since 2001 Outlander continues strong with sales up 33.5 percent CYPRESS, Calif., April 1, 2016 /PRNewswire/ -- Mitsubishi Motors North America, Inc. (MMNA) today reported its best March sales since 2007 with sales of 11,078, an increase of 13.5 percent over March of 2015. The Mitsubishi Mirage proved to be the big winner for the month with sales totaling 4,113, the vehicle's best sales month since 2001. Total sales for the year through the first quarter of 2016 are 25,212, up 6.0 percent compared to the same period last year. Mirage's sales momentum comes with great timing as the nameplate expands with the offering of the new G4 sedan this spring. "Mirage is on a roll that we expect to continue," said Don Swearingen, MMNA EVP. "The Mirage hatchback and the new 2017 Mirage G4 sedan will form a formidable one-two punch in the subcompact segment." Mitsubishi's three-row crossover utility vehicle, the Outlander, also posted strong sales numbers for the month with 2,156 units sold, up 33.5 percent over March 2015. March YTD 2016 2015 2016 2015 i‐MiEV 1 10 8 15 Mirage 4113 2488 6232 6056 Lancer 1934 2425 5454 6039 Outlander Sport 2874 3226 7698 7887 Outlander 2156 1615 5820 3793 Total 11078 9764 25212 23790

BMW Group U.S. Reports March 2016 Sales BMW brand sales decrease 12.5 percent MINI brand sales decrease 18.3 percent Woodcliff Lake, NJ – April 1, 2016… Sales of BMW brand vehicles decreased 12.5 percent in March for a total of 30,033 compared to 34,310 vehicles sold in March, 2015. Year-to-date, BMW brand is down 10.0 percent on sales of 70,613 compared to 78,492 sold in the first three months of 2015. Of particular note in March, were strong increases in the sales of BMW Sports Activity Vehicles, in particular the BMW X1 and the BMW X3. The popular new BMW 7 Series continues its sales success, increasing by 16.1 percent over March 2015. “It’s been a tumultuous first quarter of the year for business in the U.S. with plenty of volatility even in the premium vehicle segment,” said Ludwig Willisch, President and CEO, BMW of North America. “The desire for premium Sports Activity Vehicles continues accelerating at a strong pace in the U.S. and I’m very pleased that our SAV plant in South Carolina will make another production increase in the months ahead to help us satisfy the ever-growing demand for our X models.” BMW Group Sales In total, the BMW Group in the U.S. (BMW and MINI combined) reported March sales of 34,795 vehicles, a decrease of 13.3 percent from the 40,139 vehicles sold in the same month a year ago. Year-to-date, BMW Group sales are down 10.8 percent on sales of 81,452 in the first three months of 2016 compared to 91,269 in the same period in 2015. MINI Brand Sales For March, MINI USA reported 4,762 automobiles sold, a decrease of 18.3 percent from the 5,829 sold in the same month a year ago. Year-to-date, MINI USA reported a total of 10,839 automobiles sold, a decrease of 15.2 percent from 12,777 automobiles sold in the first three months of 2015.

VOLKSWAGEN OF AMERICA REPORTS MARCH 2016 SALES RESULTS March sales totaled 26,914 units Tiguan delivered 3,519 units, a 53 percent increase, marking the best March ever for the vehicle. Herndon, VA — (April 1, 2016) Volkswagen of America, Inc. (VWoA) today reported sales of 26,914 units delivered in March 2016. The Tiguan produced the best March results on record for the vehicle with 3,519 vehicles delivered, a 53 percent increase over March 2015. “We are pleased with the continued strong performance of the Tiguan,” said Mark McNabb, chief operating officer, Volkswagen of America. “While overall sales saw a decline for the month, Volkswagen dealers improved in terms of retail business.” In March, Volkswagen debuted the next member of the Golf family with the U.S. production version of the all-wheel-drive Golf Alltrack. The Golf Alltrack, which goes on sale in the Fall as a 2017 model, is based on the Golf SportWagen and includes 4MOTION® all-wheel drive, body cladding, additional ground clearance, and “Off-Road Mode” which adds hill descent control and optimizes traction control. Deliveries of the Golf family totaled 4,495 vehicles in March. March 2016 Sales March 16 March 15 Yr/Yr% change March 16 YTD March 15 YTD Yr/Yr% change Golf 1,069 1,869 -42.8% 2,942 5,559 -47.1% GTI 1,968 1,997 -1.5% 5,097 5,754 -11.4% Golf R 404 478 -15.5% 1,173 840 39.6% e-Golf 86 195 -55.9% 612 506 20.9% Golf SportWagen 968 104 830.8% 2,309 104 2120.2% Total Golf Family 4,495 4,643 -3.2% 12,133 12,763 -4.9% Jetta Sedan 10,472 11,005 -4.8% 28,022 29,544 -5.2% Jetta SportWagen * (now Golf SportWagen) (1) 578 n/a 1 1,819 n/a Total Jetta 10,471 11,583 -9.6% 28,023 31,363 -10.6% Beetle Coupe 786 1,328 -40.8% 2,003 3,487 -42.6% Beetle Convertible 682 1,116 -38.9% 1,316 2,248 -41.5% Total Beetle 1,468 2,444 -39.9% 3,319 5,735 -42.1% Eos 109 213 -48.8% 342 487 -29.8% Passat 6,097 7,794 -21.8% 14,063 20,408 -31.1% CC 361 513 -29.6% 991 1,461 -32.2% Tiguan 3,519 2,300 53.0% 9,292 5,592 66.2% Touareg 394 535 -26.4% 1,151 1,430 -19.5% TOTAL 26,914 30,025 -10.36% 69,314 79,239 -12.53%

Toyota Motor Sales Reports March 2016 Sales TMS, Toyota, and Lexus divisions set March sales record in light trucks RAV4 up over 15 percent Lexus LUV sales up 9.5 percent TORRANCE, Calif. (April 1, 2016) – Toyota Motor Sales (TMS), U.S.A., Inc., today reported March 2016 sales of 219,842 units, a decrease of 2.7 percent from March 2015 on a volume basis. With two more selling days in March 2016 compared to March 2015, sales were down 9.9 percent on a daily selling rate (DSR) basis. Toyota division posted March 2016 sales of 189,644 units, down 2.7 percent on a volume basis and 9.9 percent on a DSR basis. "Trucks hauled the industry to see the best March in over a decade," said Bill Fay, Toyota division group vice president and general manager. "For the Toyota division, light trucks, mostly supported by record sales of RAV4 and Highlander, posted best-ever March and first quarter sales." Lexus posted sales of 30,198 units, down 2.8 percent on a volume basis and 10 percent on a DSR basis. “Lexus continues to be well-positioned with our fresh LUV lineup to meet the increasing customer demand for crossover and utility vehicles in the luxury market,” said Jeff Bracken, Lexus group vice president and general manager. “Our NX posted its best-ever month, and the all new RX posted its best-month since launch. In addition, the new LX was up 45.7 percent” March 2016 Highlights: Camry posts sales of nearly 37,000 units Corolla posts sales of 32,556 units TMS, Toyota, and Lexus divisions all post new March record for light truck sales RAV4 sales rose 15.1 percent; a best-ever March and first quarter Highlander up 14.6 percent; a best-ever March and first quarter 4Runner up 11 percent Tacoma up 11.3 percent for the month Lexus luxury utility vehicles up 9.5 percent for the month NX up nearly 25 percent for the month RX posts sales of 9,648 units, up over 5 percent for the month LX up almost 46 percent for the month *Note: Unless otherwise stated, all figures reflect unadjusted raw sales volume

Mercedes-Benz USA Reports March Sales Of 28,164 Units ATLANTA, April 1, 2016 /PRNewswire/ -- Mercedes-Benz USA (MBUSA) today reported March sales of 28,164, which closes the first-quarter at 75,769, down 3% from last year. Smart contributed 479 units, and Vans reported a best-ever March with 3,072, up 29.1% from the same time last year. MBUSA total sales were 31,715 for March. "We had a strong first-quarter, laying the foundation for a minimum of nine new model launches in the months ahead," said Dietmar Exler, president and CEO of MBUSA. "We are expecting yet another record year on the strength of our product portfolio." Mercedes-Benz volume leaders in March included the C-Class, GLC and GLE model lines. The C-Class took the lead at 6,658, followed by the new GLC sales of 4,871. The new GLE rounded out the top three with 4,730 units sold. Mercedes-AMG high-performance models sold 1,857 units in March, up 60.2% from last year (1,159), while the brand's BlueTEC diesel lineup finished the month at 310. Separately, Mercedes-Benz Certified Pre-Owned (MBCPO) models recorded sales of 9,380, up 2.4% from the 9,163 units sold the same month last year. On a year-to-date basis, MBCPO sold 29,303 vehicles, an increase of 3%. MERCEDES-BENZ USA Sales -- March 2016 Mercedes-Benz Passenger Vehicles Mar-16 Mar-15 Monthly % YTD 2016 YTD 2015 Yearly % B-CLASS 66 145 -54.5% 161 494 -67.4% CLA 2,242 3,129 -28.3% 6,884 8,226 -16.3% C-CLASS 6,658 7,635 -12.8% 17,839 20,943 -14.8% E-CLASS/CLS 4,095 5,036 -18.7% 9,585 12,530 -23.5% S-CLASS 1,332 2,098 -36.5% 4,167 5,096 -18.2% SLK 314 343 -8.5% 850 817 4.0% SL 304 403 -24.6% 887 1,044 -15.0% AMG GT 140 - - 360 - - *SLS AMG - 8 - 1 16 - GLA 2,205 1,918 15.0% 6,843 5,669 20.7% GLC/GLK 4,871 2,478 96.6% 10,998 5,657 94.4% GLE/M-CLASS 4,730 4,023 17.6% 12,341 10,483 17.7% GL 858 2,365 -63.7% 3,880 6,335 -38.8% G-CLASS 349 340 2.6% 973 846 15.0% TOTAL 28,164 29,921 -5.9% 75,769 78,156 -3.1% Vans1 3,072 2,379 29.1% 7,240 5,559 30.2% smart 479 583 -17.8% 1,300 1,533 -15.2% MBUSA Combined Total Mar-16 Mar-15 Monthly % YTD 2016 YTD 2015 Yearly % GRAND TOTAL 31,715 32,883 -3.6% 84,309 85,248 -1.1% 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

American Honda Reports March Auto Sales Increase: Trucks Set New March Record While Sedans Post Major Gains Trucks and sedans push American Honda to robust March sales of 138,221 units, a gain of 9.4 percent for the month American Honda trucks set new sales record, climbing 5.7 percent on sales of 64,453 New Honda Civic sets new March sales record, jumping 21.8 percent while Accord gains 17.3 percent RDX leads Acura trucks, setting new March record with 34 percent gain Acura TLX performance sedan climbs 9.9 percent in March TORRANCE, Calif., April 1, 2016 /PRNewswire/ -- American Honda Motor Co., Inc. today reported March sales of 138,221 Honda and Acura vehicles, an increase of 9.4 percent for the month. AHM trucks set a new March benchmark, gaining 5.7 percent on sales of 64,453 units. Honda Division sales were up 10.5 percent with 123,369 units sold in March; Honda car sales reached 68,314, up 13.7 percent, while truck sales totaled 55,055, a 6.9 percent gain for the month. Acura sales totaled 14,852 in March, gaining 1.2 percent. Acura sedans were up 4.8 percent on sales of 5,454 while Acura trucks reached 9,398 sales for the month. Honda Continuing to buck U.S. sales trends with its core sedans—Civic and Accord—Honda sales easily moved past the previous March total with a record setting performance from Civic, backed by strong performances from Accord and HR-V. Core truck models CR-V, Pilot and Odyssey, maintained strong demand. With sales records set in each of the past three months, the Civic Sedan is dominating the compact car segment with essentially one body style as production of the newly on-sale Civic Coupe ramps up. Civic sales jumped 21.8 percent to a new March record of 32,855. Accord continued to demonstrate incredible market strength with an increase of 17.3 percent in March, with 30,523 units sold—focused on sales to individual customers. With production at the Celaya plant in Mexico focused primarily on HR-V, sales of the Honda gateway truck model topped 6,300 units in March. "The power of Honda's well-balanced portfolio was on full display in March," said Jeff Conrad, senior vice president and general manager of the Honda Division. "Importantly, we will continue to strengthen both our car and truck lineups throughout the year, with new core and niche products to further extend the brand's appeal." Acura Acura enjoyed a balanced sales month, with the refreshed RDX SUV posting a remarkable 34 percent gain so set a new March record to lead the brand's sales gains, while Acura performance sedans maintained strong sales despite a luxury sedan market where competitors are relying heavily upon fleet sales and incentives. RDX showed renewed sales strength in March, leading Acura truck sales with a 34 percent gain on sales of 5,310 units. TLX continued to hold a strong sales position near the top of the mid-luxury sedan segment with 3,768 units sold in March, rising 9.9 percent despite aggressive competitor sales tactics. "Acura posted a solid month even as we gained fresh momentum from the New York Auto Show debuts of the 2017 MDX and NSX GT3 racecar," said Jon Ikeda, vice president and general manager of the Acura division. "Our entire Acura team is excited by the market reaction to our new design direction and the preparation for delivery of the first all-new NSX." American Honda Vehicle Sales for March 2016 Month-to-Date Year-to-Date March 2016 March 2015 DSR** % Change MoM % Change March 2016 March 2015 DSR** % Change YoY % Change American Honda Total 138,221 126,293 1.3% 9.4% 357,703 333,943 7.1% 7.1% Total Car Sales 73,768 65,310 4.6% 13.0% 190,100 168,594 12.8% 12.8% Total Truck Sales 64,453 60,983 -2.1% 5.7% 167,603 165,349 1.4% 1.4% Honda Total Car Sales 68,314 60,107 5.2% 13.7% 176,393 154,730 14.0% 14.0% Honda Total Truck Sales 55,055 51,516 -1.0% 6.9% 143,435 139,569 2.8% 2.8% Acura Total Car Sales 5,454 5,203 -2.9% 4.8% 13,707 13,864 -1.1% -1.1% Acura Total Truck Sales 9,398 9,467 -8.1% -0.7% 24,168 25,780 -6.3% -6.3% Total Domestic Car Sales 69,038 64,609 -1.1% 6.9% 178,977 166,673 7.4% 7.4% Honda Division 63,716 59,609 -1.0% 6.9% 165,603 153,371 8.0% 8.0% Acura Division 5,322 5,000 -1.4% 6.4% 13,374 13,302 0.5% 0.5% Total Domestic Truck Sales 64,453 60,978 -2.1% 5.7% 167,603 165,344 1.4% 1.4% Honda Division 55,055 51,511 -1.0% 6.9% 143,435 139,564 2.8% 2.8% Acura Division 9,398 9,467 -8.1% -0.7% 24,168 25,780 -6.3% -6.3% Total Import Car Sales 4,730 701 524.8% 574.8% 11,123 1,921 479.0% 479.0% Honda Division 4,598 498 754.9% 823.3% 10,790 1,359 694.0% 694.0% Acura Division 132 203 -39.8% -35.0% 333 562 -40.7% -40.7% Total Import Truck Sales 0 5 -100.0% -100.0% 0 5 -100.0% -100.0% Honda Division 0 5 -100.0% -100.0% 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 123,369 111,623 2.3% 10.5% 319,828 294,299 8.7% 8.7% * ACCORD 30,523 26,018 8.6% 17.3% 77,073 68,645 12.3% 12.3% * CIVIC 32,855 26,985 12.7% 21.8% 87,303 66,722 30.8% 30.8% CR-Z 163 255 -40.8% -36.1% 483 626 -22.8% -22.8% * FIT 4,771 6,640 -33.5% -28.1% 11,513 18,094 -36.4% -36.4% INSIGHT 2 209 -99.1% -99.0% 21 643 -96.7% -96.7% CROSSTOUR 110 742 -86.3% -85.2% 566 2,046 -72.3% -72.3% * CR-V 26,730 27,618 -10.4% -3.2% 71,188 73,127 -2.7% -2.7% HR-V 6,398 0 0.0% 0.0% 15,515 0 0.0% 0.0% ODYSSEY 11,224 11,142 -6.7% 0.7% 27,439 27,088 1.3% 1.3% PILOT 10,593 11,937 -17.8% -11.3% 28,726 36,881 -22.1% -22.1% RIDGELINE 0 77 -100.0% -100.0% 1 427 -99.8% -99.8% *** Memo: Accord FHEV 51 948 -95.0% -94.6% 190 2,585 -92.6% -92.6% Memo: Accord PHEV 0 5 -100.0% -100.0% 0 45 -100.0% -100.0% Memo: Civic Hybrid 166 351 -56.2% -52.7% 470 1,029 -54.3% -54.3% Memo: Fit EV 0 1 -100.0% -100.0% 0 1 -100.0% -100.0% Acura Division Total 14,852 14,670 -6.3% 1.2% 37,875 39,644 -4.5% -4.5% ILX 1,554 1,554 -7.4% 0.0% 4,287 3,505 22.3% 22.3% RLX / RL 130 194 -38.0% -33.0% 331 543 -39.0% -39.0% TL 0 16 -100.0% -100.0% 0 56 -100.0% -100.0% TLX 3,768 3,430 1.7% 9.9% 9,087 9,741 -6.7% -6.7% TSX 2 9 -79.4% -77.8% 2 19 -89.5% -89.5% MDX 4,088 5,503 -31.2% -25.7% 11,956 14,437 -17.2% -17.2% RDX 5,310 3,963 24.1% 34.0% 12,212 11,342 7.7% 7.7% ZDX 0 1 -100.0% -100.0% 0 1 -100.0% -100.0% *** Memo: ILX Hybrid 0 4 -100.0% -100.0% 0 12 -100.0% -100.0% Memo: RLX Hybrid 19 18 -2.3% 5.6% 49 53 -7.5% -7.5% Memo: TSX Wagon 0 0 0.0% 0.0% 0 1 -100.0% -100.0% Selling Days 27 25 75 75 **** Hybrid 401 1,790 -79.3% -77.6% 1,213 4,993 -75.7% -75.7%

Formatting error. I fixed it.

Audi continues its U.S. sales ascent with 63rd consecutive record set for March April 01, 2016 | HERNDON, Virginia Sales bolstered by all-new luxury models, including the Audi A4 sedan SUV interest remained strong with both Audi Q7 and Audi Q3 setting sales records for the month Audi Certified pre-owned vehicle sales also set a new March record Audi set its 63rd consecutive sales record in the U.S. for March with 18,392 vehicles sold, an increase of 7.5% over the same period last year. Year-to-date sales increased 4.6% to 41,960 vehicles sold. March also marked the fifth best sales month ever for the brand in the U.S. market. “Customer response to our newly-designed models, like the all-new A4 and Q7, has bolstered sales, a sign of more good things to come,” said Mark Del Rosso, Executive Vice President and Chief Operating Officer, Audi of America. “This spring will bring another landmark launch when the next-generation R8 supercar arrives at our Audi dealerships.” Sales were supported by the all-new Audi A4, the best-selling sedan in the Audi line-up, with an increase of 42.4% to 3,226 vehicles sold. The all-new Audi A4 sets industry benchmarks, from semi-autonomous driving features and class-leading horsepower, to standard smartphone integration and the Audi virtual cockpit. Consumer interest in Audi luxury SUVs continued to climb with both the Q7 and Q3 posting new record highs. Sales of the all-new Audi Q7 soared 92.6% to 3,004 vehicles sold for the month, as buyers responded to the elegant new design, class-leading technology and dynamic performance. Additionally, the 2017 Q7 earned a Top Safety Pick+ rating from the Insurance Institute for Highway Safety. Sales of the Audi Q3 rose 18.7% to 1,505 vehicles. Audi Certified pre-owned vehicle sales set a new March record, with a 9.5% gain on 4,251 CPO vehicles sold. AUDI US SNAPSHOT --MTD-- --YTD-- Model Line Mar '16 Actual Mar '15 Actual Yr/Yr % change Mar '16 YTD Actual Mar '15 YTD Actual Yr/Yr % change A3 3,173 3,081 3.0 % 7,504 7,743 -3.1 % A4 3,226 2,266 42.4 % 6,378 5,572 14.5 % A5 784 1,303 -39.8 % 1,901 2,977 -36.1 % A6 1,453 2,328 -37.6 % 3,358 4,812 -30.2 % A7 605 601 0.7 % 1,466 1,115 31.5 % A8 422 461 -8.5 % 985 1,067 -7.7 % allroad 177 230 -23.0 % 450 638 -29.5 % Q5 3,728 3,934 -5.2 % 8,840 9,354 -5.5 % Q7 3,004 1,560 92.6 % 6,993 3,452 102.6 % Q3 1,505 1,268 18.7 % 3,395 3,187 6.5 % R8 7 69 -89.9 % 27 170 -84.1 % TT 308 1 30700.0 % 663 11 5927.3 % Total Audi Sales 18,392 17,102 7.5 % 41,960 40,098 4.6 % Total CPO Sales 4,251 3,881 9.5% 11,331 11,309 0.2%

Jaguar Land Rover North America - Up 28.8% (10,866 Vehicles Sold This Month, 25,802 Vehicles Sold So Far This Year) Volvo Cars of North America, LLC - Up 15.9% (6,857 Vehicles Sold This Month, 16,361 Vehicles Sold So Far This Year) Mitsubishi Motors North America - Up 13.5% (11,078 Vehicles Sold This Month, 25,212 Vehicles Sold So Far This Year) Nissan North America - Up 12.7% (163,559 Vehicles Sold This Month, 400,204 Vehicles Sold So Far This Year) Audi of America - Up 9.5% (4,251 Vehicles Sold This Month, 11,331 Vehicles Sold So Far This Year) American Honda Motor Co. - Up 9.4% (138,221 Vehicles Sold This Month, 357,703 Vehicles Sold So Far This Year) FCA US LLC - Up 8% (213,187 Vehicles Sold This Month, 551,103 Vehicles Sold So Far This Year) Ford Motor Company - Up 8% (254,711 Vehicles Sold This Month, 645,626 Vehicles Sold So Far This Year) General Motors Co. - Up 0.9% (252,128 Vehicles Sold This Month, 683,698 Vehicles Sold So Far This Year) Porsche Cars North America, Inc. - Up 0.7% (4,323 Vehicles Sold This Month, 12,238 Vehicles Sold So Far This Year) Hyundai Motor America - Up 0.4% (75,310 Vehicles Sold This Month, 173,330 Vehicles Sold So Far This Year) Subaru of America, Inc. - Up 0.4% (49,285 Vehicles Sold This Month, 132,397 Vehicles Sold So Far This Year) Maserati North America, Inc. - Up 0.1% (997 Vehicles Sold This Month, 2,250 Vehicles Sold So Far This Year) Kia Motors America - Down 0.8% (58,279 Vehicles Sold This Month, 146,321 Vehicles Sold So Far This Year) Toyota Motor Sales - Down 2.7% (219,842 Vehicles Sold This Month, 569,079 Vehicles Sold So Far This Year) Mercedes-Benz USA - Down 3.6% (31,715 Vehicles Sold This Month, 683,698 Vehicles Sold So Far This Year) Volkswagen of America - Down 12.53% (26,914 Vehicles Sold This Month, 69,314 Vehicles Sold So Far This Year) BMW Group U.S. - Down 13.3% (34,795 Vehicles Sold This Month, 81,452 Vehicles Sold So Far This Year) Mazda North American Operations - Down 27.2% (23,396 Vehicles Sold This Month, 64,643 Vehicles Sold So Far This Year) Brands: Acura - Up 1.2% (14,852 Vehicles Sold This Month, 37,875 Vehicles Sold So Far This Year) Alfa Romeo - N/A (53 Vehicles Sold This Month, 169 Vehicles Sold So Far This Year) Audi - Up 9.5% (4,251 Vehicles Sold This Month, 11,331 Vehicles Sold So Far This Year) BMW - Down 12.5% (30,033 Vehicles Sold This Month, 70,613 Vehicles Sold So Far This Year) Buick - Down 11.3% (18,207 Vehicles Sold This Month, 54,287 Vehicles Sold So Far This Year) Cadillac - Down 5.1% (13,053 Vehicles Sold This Month, 35,633 Vehicles Sold So Far This Year) Chevrolet - Up 1.4% (176,283 Vehicles Sold This Month, 472,730 Vehicles Sold So Far This Year) Chrysler - Down 13% (26,236 Vehicles Sold This Month, 65,506 Vehicles Sold So Far This Year) Dodge - Up 11% (51,149 Vehicles Sold This Month, 140,509 Vehicles Sold So Far This Year) Fiat - Down 24% (3,422 Vehicles Sold This Month, 9,009 Vehicles Sold So Far This Year) Ford - Up 7.8% (245,022 Vehicles Sold This Month, 620,721 Vehicles Sold So Far This Year) GMC - Up 6.9% (44,585 Vehicles Sold This Month, 121,048 Vehicles Sold So Far This Year) Honda - Up 10.5% (123,369 Vehicles Sold This Month, 319,828 Vehicles Sold So Far This Year) Hyundai - Up 0.4% (75,310 Vehicles Sold This Month, 173,330 Vehicles Sold So Far This Year) Infiniti - Up 10% (13,775 Vehicles Sold This Month, 32,660 Vehicles Sold So Far This Year) Jaguar - Up 28.5% (2,133 Vehicles Sold This Month, 4,997 Vehicles Sold So Far This Year) Jeep - Up 15% (82,337 Vehicles Sold This Month, 209,597 Vehicles Sold So Far This Year) Kia - Down 0.8% (58,279 Vehicles Sold This Month, 146,321 Vehicles Sold So Far This Year) Land Rover - Up 28.8% (8,733 Vehicles Sold This Month, 20,805 Vehicles Sold So Far This Year) Lexus - Down 2.8% (30,198 Vehicles Sold This Month, 74,221 Vehicles Sold So Far This Year) Lincoln - Up 11.4% (9,698 Vehicles Sold This Month, 24,905 Vehicles Sold So Far This Year) Maserati - Up 0.1% (997 Vehicles Sold This Month, 2,250 Vehicles Sold So Far This Year) Mazda - Down 27.2% (23,396 Vehicles Sold This Month, 64,643 Vehicles Sold So Far This Year) Mercedes-Benz - Down 5.9% (28,164 Vehicles Sold This Month, 75,769 Vehicles Sold So Far This Year) MINI - Down 18.3% (4,762 Vehicles Sold This Month, 10,839 Vehicles Sold So Far This Year) Mitsubishi - Up 13.5% (11,078 Vehicles Sold This Month, 25,212 Vehicles Sold So Far This Year) Nissan - Up 13% (148,784 Vehicles Sold This Month, 367,544 Vehicles Sold So Far This Year) Porsche - Up 0.7% (4,323 Vehicles Sold This Month, 12,238 Vehicles Sold So Far This Year) Ram - Up 11% (49,990 Vehicles Sold This Month, 126,313 Vehicles Sold So Far This Year) Smart - Down 17.8% (479 Vehicles Sold This Month, 1,300 Vehicles Sold So Far This Year) Sprinter Vans - Up 29.1% (3,072 Vehicles Sold This Month, 7,240 Vehicles Sold So Far This Year) Subaru - Up 0.4% (49,285 Vehicles Sold This Month, 132,397 Vehicles Sold So Far This Year) Toyota - Down 2.7% (189,644 Vehicles Sold This Month, 494,858 Vehicles Sold So Far This Year) Volkswagen - Down 12.53% (26,914 Vehicles Sold This Month, 69,314 Vehicles Sold So Far This Year) Volvo - Up 15.9% (6,857 Vehicles Sold This Month, 16,361 Vehicles Sold So Far This Year) View full article

Nissan Group reports March 2016 U.S. sales NASHVILLE, Tenn. – Nissan Group today announced total U.S. sales for March 2016 of 163,559 units, an increase of 13 percent over the prior year and a best month ever record. Nissan highlights: Nissan Division finished March with 149,784 sales, up 13 percent, a best month ever record. Overall sales of Nissan crossovers, trucks and SUVs set a best month ever record, up 9 percent. Sales of the Rogue crossover set a best month ever record with sales 27,713, up 1 percent. Sales of the Murano crossover increased 56 percent to 8,657. Nissan’s total car sales set a best month ever record with 88,278 in sales, up 16 percent. Sales of the Sentra compact sedan increased 23 percent to 26,201, setting a March record. Nissan Versa sales increased to 12 percent to 16,255, setting a March record. Nissan Maxima sales climbed to 6,588, up 139%. NISSAN DIVISION MARCH MARCH Monthly CYTD CYTD CYTD 2016 2015 % chg 2016 2015 % chg Nissan Division Total 149,784 132,560 13.0 367,544 333,786 10.1 Versa 16,244 14,543 11.7 36,499 36,998 -1.3 Sentra 26,201 21,277 23.1 62,944 51,026 23.4 Cube 3 176 -98.3 13 454 -97.1 Altima 34,856 31,993 8.9 85,332 86,875 -1.8 Maxima 6,588 2,760 138.7 16,225 7,194 125.5 LEAF 1,246 1,817 -31.4 2,931 4,085 -28.2 Juke 2,498 2,838 -12.0 5,871 7,022 -16.4 370Z 576 759 -24.1 1,344 1,767 -23.9 GT-R 66 175 -62.3 162 394 -58.9 Total Car 88,278 76,338 15.6 211,321 195,815 7.9 Frontier 8,198 7,128 15.0 21,395 19,102 12.0 Titan 1,274 1,048 21.6 3,271 2,638 24.0 Xterra 0 1,422 -100.0 28 3,436 -99.2 Pathfinder 8,713 8,594 1.4 22,408 21,798 2.8 Armada 981 1,266 -22.5 2,848 3,285 -13.3 Rogue 27,713 27,418 1.1 69,036 64,486 7.1 Murano 8,657 5,547 56.1 21,618 13,325 62.2 Quest 1,763 905 94.8 5,750 2,289 151.2 NV 1,791 1,485 20.6 4,517 3,732 21.0 NV200 2,416 1,409 71.5 5,352 3,880 38 Total Truck 61,506 56,222 9.4 156,223 137,971 13.2 INFINITI MARCH MARCH Monthly CYTD CYTD CYTD 2016 2015 % chg 2016 2015 % chg Infiniti Total 13,775 12,525 10.0 32,660 33,842 -3.5 Infiniti Q40 22 1,722 -98.7 48 4,394 -98.9 Infiniti Q50 5,590 3,901 43.3 11,868 10,516 12.9 Infiniti Q60 105 368 -71.5 409 1,180 -65.3 Infiniti Q70 577 1,083 -46.7 1,563 2,417 -35.3 Infiniti QX50 1,512 217 596.8 3,902 582 570.4 Infiniti QX60 3,905 3,243 20.4 9,007 8,805 2.3 Infiniti QX70 661 575 15.0 1,809 1,701 6.3 Infiniti QX80 1,403 1,416 -0.9 4,054 4,247 -4.5 Total Car 6,294 7,074 -11.0 13,888 18,507 -25.0 Total Truck 7,481 5,451 37.2 18,772 15,335 22.4 NISSAN GROUP MARCH MARCH Monthly CYTD CYTD CYTD 2016 2015 % chg 2016 2015 % chg TOTAL VEHICLE 163,559 145,085 12.7 400,204 367,628 8.9 Total Car 94,572 83,412 13.4 225,209 214,322 5.1 Total Truck 68,987 61,673 11.9 174,995 153,306 14.1 Selling days 27 25 75 75