NEWS RELEASE
FOR IMMEDIATE RELEASE

MEDIA CONTACT:
Sara Panza
Greater Cleveland Automobile Dealers’ Association
440.746.1500

New Vehicle Sales Continue Double-Digit
Growth in Northern Ohio

Cleveland, OH (June 10, 2013) – New vehicle sales continued to grow at a strong double-digit clip in the month of May when comparing the month to the same time period a year prior, according to figures released today by the Greater Cleveland Automobile Dealers’ Association (GCADA). Franchised new vehicle dealers in the 21-county area of Northern Ohio covered by the GCADA reported sales of 20,478 vehicles in May compared to 18,286 in May of last year, an increase of 11.99 percent.

“The continued growth of new vehicle sales is good news for franchised new car dealers and the entire economy of Northern Ohio, which is so dependent on the auto industry for its vitality,” says Louis A. Vitantonio, Jr., president of the GCADA. “We expect strong sales to continue through the end of the year.”

According to figures released by the National Automobile Dealers Association (NADA), there are more than 748 new vehicle dealerships in the State of Ohio, which employed 36,040 people in 2012. The annual payroll of new vehicle dealerships in the state amounted to more than $1.72 billion in 2012 alone. Total annual sales of all new vehicle dealerships in Ohio amounted to more than $24.8 billion in 2012.

“When you consider the amount of sales tax revenue, corporate tax revenue and payroll tax revenue generated by new vehicle dealerships alone, it’s easy to see just how important new vehicle sales are to our local economy and governments,” Vitantonio adds. “In addition, many franchised new vehicle dealerships support local charitable causes and give back to their individual communities in many ways.”

Ford continued its iron grasp as the sales volume leader in Northern Ohio, selling 3,721 vehicles in May of 2013 versus 3,203 vehicles in May of 2012, an increase of over 16 percent. Chevrolet, which came in second, also enjoyed strong double-digit growth in the month year-over-year, registering sales of 2,938 units, an increase of over 12 percent. Honda edged out Toyota for third place, selling 1,850 units versus Toyota’s 1,807 units in the month, with both brands showing growth in the month.

22 Brands Up in May (‘13 v. ‘12)

The following 22 brands posted sales increases in May of 2013 versus May 2012: Acura, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Ford, GMC, Honda, Hyundai, Jaguar, Lincoln, Mazda, Mitsubishi, Nissan, Porsche, Smart, Subaru, Toyota, and Volkswagen.

23 Brands Up Year-to-Date Through May 2013

The following 23 brands posted sales increases for the year-to-date: Acura, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Ford, GMC, Hyundai, Infiniti, Jaguar, Land Rover, Lexus, Mazda, Mercedes-Benz, Nissan, Porsche, Subaru, Toyota, Volkswagen and Volvo.

New-car and truck sales in Northern Ohio
May ‘13 / May ’12 & YTD 

Retail sales figures are based on vehicle registration reports from the Ohio Bureau of Motor Vehicles.  Vehicle sales data includes the counties of: Ashland, Ashtabula, Carroll, Columbiana, Coshocton, Cuyahoga, Erie, Geauga, Holmes, Huron, Lake, Lorain, Mahoning, Medina, Portage, Richland, Stark, Summit, Trumbull, Tuscarawas and Wayne.

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