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News & Updates

News Release: New Car and Light Truck Sales Return to Double-Digit Growth
September 09, 2011

News Release: New Car and Light Truck Sales Return to Double-Digit Growth

 

NEWS RELEASE
 
FOR IMMEDIATE RELEASE
 
MEDIA CONTACT:  
Sara Panza
Greater Cleveland Automobile Dealers’ Association
440.746.1500
 
 
New car and light truck sales return to strong double-digit growth in August
 
Cleveland, OH (September 9, 2011) –Retail sales of new cars and light trucks returned to strong double-digit growth in August, growing more than 15 percent when comparing August of this year with August of 2010. According to figures released today by the Greater Cleveland Automobile Dealers’ Association (GCADA), franchised new car dealers in Northern Ohio sold 19,208 cars and light trucks in August of 2011 compared with 16,678 in the same month a year prior.
 
“While there are still some concerns over the economy, this is certainly good news for auto dealers as well as our local economy, which is so dependent on the auto industry as a whole,” said Louis A. Vitantonio, Jr., president of the GCADA. “The return to strong double digit growth in August is indicative of the amount of pent-up demand still in the marketplace.”
 
Some brands had a slower month, due in large part to a lack of inventory caused by the tsunami disaster earlier this year in Japan. Last month, automakers reported that production was back up to pre-tsunami levels. Local dealers impacted by lower inventories are now reporting that new product is showing up at dealerships on an almost daily basis. Inventories are returning to normal levels, which could help bolster September’s sales somewhat.
 
A total of 24 brands registered sales increases for the month, when comparing sales to the same period a year prior. For the year to date, 27 brands are up from January through August when comparing sales to the same period in 2010.
 
In terms of total units sold for the month, Ford retained its number one spot over Chevrolet, selling 3,358 units compared to 2,889 for Chevy. However, Chevy’s sales for the month grew at more than 33 percent when comparing August of 2011 with August of 2010. Toyota grabbed third spot with 1,523 units, a significant increase over July of 2011, while Honda took home fourth place with sales of 1,176 units.
 
24 Brands Up in August (‘11 v. ‘10)
The following 24 brands posted sales increases in August 2011 versus August 2010: BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Fiat, Ford, GMC, Hyundai, Jeep, Kia, Land Rover, Lincoln, Mazda, Mercedes-Benz, Mitsubishi, Nissan, Porsche, Saab, Subaru, Suzuki, Volkswagen and Volvo.
 
27 Brands Up Year to Date through August (‘11 v. ‘10)
The following 25 brand posted sales increases for the year to date through August of this year versus the same period in 2010: Acura, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Fiat, Ford, GMC, Honda, Hyundai, Infiniti, Jeep, Kia, Land Rover, Lincoln, Mercedes-Benz, Mini, Mitsubishi, Nissan, Porsche, Saab, Subaru, Suzuki, Volkswagen and Volvo.
 
New-car and truck sales in Northern Ohio
August ‘11 / August ’10 & YTD
 
 
August 11
August 10
August
% Chg.
YTD
August 11
YTD
August 10
YTD
August % Chg.
ACURA
105
169
-37.87%
1098
1011
8.61%
AUDI
114
126
-9.52%
824
827
-0.36%
BMW
199
168
18.45%
1565
1309
19.56%
BUICK
493
388
27.06%
3430
2126
61.34%
CADILLAC
367
256
43.36%
2327
1359
71.23%
CHEVROLET
2889
2170
33.13%
21921
15389
42.45%
CHRYSLER
458
252
81.75%
2985
1818
64.19%
DODGE
892
539
65.49%
5700
3410
67.16%
FIAT
31
0
0.00%
119
0
0.00%
FORD
3358
2946
13.99%
24027
20048
19.85%
FREIGHTLINER
41
5
720.00%
192
121
58.68%
GMC
637
374
70.32%
4435
2700
64.26%
HINO
3
2
50.00%
20
20
0.00%
HONDA
1176
1665
-29.37%
11926
11669
2.20%
HYUNDAI
1004
932
7.73%
7129
5806
22.79%
INFINITI
103
135
-23.70%
774
551
40.47%
INTERNATIONAL
60
6
900.00%
397
224
77.23%
ISUZU
4
12
-66.67%
43
35
22.86%
JAGUAR
4
13
-69.23%
51
67
-23.88%
JEEP
778
509
52.85%
4323
2913
48.40%
KENWORTH
9
13
-30.77%
77
38
102.63%
KIA
1305
971
34.40%
9050
5805
55.90%
LAND ROVER
24
16
50.00%
186
180
3.33%
LEXUS
169
195
-13.33%
1326
1700
-22.00%
LINCOLN
178
116
53.45%
1232
1060
16.23%
LOTUS
1
1
0.00%
6
8
-25.00%
MACK
46
7
557.14%
121
53
128.30%
MAZDA
489
467
4.71%
2888
3333
-13.35%
MERCEDES BENZ
289
187
54.55%
1814
1458
24.42%
MERCURY
0
217
-100.00%
30
1696
-98.23%
MINI
33
54
-38.89%
278
239
16.32%
MISCELLANEOUS
7
3
133.33%
47
54
-12.96%
MITSUBISHI
184
142
29.58%
1129
814
38.70%
NISSAN
1196
940
27.23%
7171
5637
27.21%
PETERBILT
5
7
-28.57%
109
97
12.37%
PONTIAC
0
1
-100.00%
4
140
-97.14%
PORSCHE
37
31
19.35%
299
198
51.01%
SAAB
28
18
55.56%
228
109
109.17%
SATURN
0
1
-100.00%
3
166
-98.19%
SMART
2
3
-33.33%
38
40
-5.00%
STERLING
0
1
-100.00%
0
17
-100.00%
SUBARU
499
468
6.62%
3475
3094
12.31%
SUZUKI
13
12
8.33%
96
95
1.05%
TOYOTA
1523
1747
-12.82%
11402
12774
-10.74%
UD
0
0
0.00%
2
5
-60.00%
VOLKSWAGEN
400
355
12.68%
2651
2301
15.21%
VOLVO
52
37
40.54%
384
308
24.68%
WESTERN STAR
3
1
200.00%
10
2
400.00%
Total Cars & Trucks
19208
16678
15.17%
137342
112824
21.73%
 
 
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.
 
# # #
 
 
If you no longer wish to receive email advertisements from GCADA, please call 440-746-1500, send a fax to 440-746-1504, or send an email to gcada@gcada.org and provide the following information so we can process your request: your name, the name of your company (if applicable), your email address(es), and that you do not wish to receive email advertisements from GCADA. We must process your request within 10 days.  GCADA is located at 10100 Brecksville Road, Brecksville, Ohio 44141.
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