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News & Updates

Retail Auto Industry Continues to Grow in February
February 11, 2013

Retail Auto Industry Continues to Grow in February

NEWS RELEASE

FOR IMMEDIATE RELEASE

MEDIA CONTACT:

Sara Panza

Greater Cleveland Automobile Dealers’ Association

440.746.1500

 

Retail Auto Industry Continues to Grow in February

Cleveland, OH (March 11, 2013) – Despite coming up against impressive 2012 numbers, retail automotive sales continued to grow in February of this year thanks to a successful Cleveland Auto Show. According to figures released today by the Greater Cleveland Automobile Dealers’ Association (GCADA), sales of new cars and light trucks climbed over two percent in February of 2013 compared to the same month a year prior. For the year to date, sales are up 9.24 percent.

“This is especially good news given the fact that we are coming up against some very strong growth numbers exhibited last year,” said Louis A. Vitantonio, president of the GCADA. “In addition, we had one extra day of reporting in February of 2012 due to the leap year.

“From the early reports we are receiving from our member dealers following the Cleveland Auto Show, we are confident that March will be an even stronger sales month.”

Franchised new car and light truck dealers across Northern Ohio sold 13,332 new cars and light trucks in February of 2013 versus 13,036 the same month a year prior. For the year-to-date, dealers sold 31,787 vehicles this year compared to 29,098 after two months last year.

In addition to the positive impact of the Cleveland Auto Show, lease offerings, more available credit and high used vehicle values should continue to drive sales through the first half of the year.

Ford remained in first place in terms of total vehicles sold in the month, with 2,704 units sold, an increase of almost seven percent for the month. Chevrolet came in second with 2,044 vehicles sold, a healthy increase of more than ten percent when comparing February 2013 with February of 2012. Toyota took over third place from Honda, selling 1,081 vehicles in the month compared with 1,040 for Honda.

19 Brands Up in February (‘13 v. ‘12)

The following 19 brands posted sales increases in February 2013 versus February 2012: Acura, Audi, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Fiat, Ford, GMC, Hyundai, Infiniti, Jaguar, Land Rover, Lexus, Mazda, Mercedes-Benz, Porsche and Volvo.

24 Brands Up Year-to-Date Through February 2013

The following 24 brands posted sales increases for the year-to-date: Acura, Audi, BMW, Buick, Cadillac, Chevrolet, Chrysler, Dodge, Fiat, Ford, GMC, Honda, Hyundai, Jaguar, Jeep, Land Rover, Lexus, Mazda, Mercedes-Benz, Porsche, Subaru, Toyota, Volkswagen and Volvo.

 

New-car and truck sales in Northern Ohio

February ‘13 / February ’12 & YTD

 

February 13

February 12

February

% Chg.

YTD

February 13

YTD February 12

YTD

February

% Chg.

ACURA

94

92

2.17%

234

206

13.59%

AUDI

86

78

10.26%

225

180

25.00%

BMW

112

152

-26.32%

401

400

0.25%

BUICK

340

238

42.86%

812

545

48.99%

CADILLAC

223

170

31.18%

544

431

26.22%

CHEVROLET

2044

1858

10.01%

4657

4254

9.47%

CHRYSLER

419

310

35.16%

897

715

25.45%

DODGE

604

597

1.17%

1447

1228

17.83%

FIAT

22

16

37.50%

40

37

8.11%

FORD

2704

2531

6.84%

6148

5354

14.83%

FREIGHTLINER

20

15

33.33%

80

36

122.22%

GMC

517

343

50.73%

1220

884

38.01%

HINO

2

8

-75.00%

3

9

-66.67%

HONDA

1040

1227

-15.24%

2567

2469

3.97%

HYUNDAI

602

486

23.87%

1368

1170

16.92%

INFINITI

62

61

1.64%

147

158

-6.96%

INTERNATIONAL

39

77

-49.35%

79

132

-40.15%

ISUZU

15

5

200.00%

28

16

75.00%

JAGUAR

5

2

150.00%

11

7

57.14%

JEEP

499

526

-5.13%

1243

1217

2.14%

KENWORTH

5

26

-80.77%

28

49

-42.86%

KIA

658

922

-28.63%

1602

1968

-18.60%

LAND ROVER

29

19

52.63%

68

53

28.30%

LEXUS

97

74

31.08%

338

248

36.29%

LINCOLN

52

131

-60.31%

145

287

-49.48%

LOTUS

0

1

-100.00%

0

1

-100.00%

MACK

7

7

0.00%

19

35

-45.71%

MAZDA

262

208

25.96%

659

481

37.01%

MERCEDES BENZ

180

159

13.21%

462

394

17.26%

MINI

10

31

-67.74%

38

59

-35.59%

MISCELLANEOUS

17

17

0.00%

24

23

4.35%

MITSUBISHI

76

87

-12.64%

171

255

-32.94%

NISSAN

580

656

-11.59%

1334

1420

-6.06%

PETERBILT

32

13

146.15%

76

25

204.00%

PORSCHE

36

17

111.76%

76

43

76.74%

SAAB

0

13

-100.00%

0

86

-100.00%

SMART

5

6

-16.67%

9

10

-10.00%

SUBARU

409

414

-1.21%

1087

1055

3.03%

SUZUKI

6

10

-40.00%

10

17

-41.18%

TOYOTA

1081

1093

-1.10%

2559

2409

6.23%

UD

0

0

0.00%

4

0

0.00%

VOLKSWAGEN

303

312

-2.88%

817

667

22.49%

VOLVO

37

27

37.04%

102

64

59.38%

WESTERN STAR

1

1

0.00%

8

1

700.00%

TOTAL Cars & Trucks

13332

13036

2.27%

31787

29098

9.24%

 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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