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News & Updates

News Release: Vehicle Sales Results Indicate Strong Growth Ahead
June 09, 2014

News Release: Vehicle Sales Results Indicate Strong Growth Ahead

NEWS RELEASE

 

FOR IMMEDIATE RELEASE 

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

 

Vehicle Sales Results Indicate
Strong Growth Ahead

 

Cleveland, OH (June 9, 2014) – Sales of new vehicles rose 3.52 percent in May of 2014 over the same month a year prior, according to figures released today by the Greater Cleveland Automobile Dealers Association (GCADA). The continued growth follows a very strong April, in which dealers rang up double-digit growth. It also bests a very strong May of 2013, which saw sales increase almost 12 percent over May of 2012.

 

“The results for May are a good indicator of the summer months ahead,” says Louis A. Vitantonio, president of the GCADA. “As interest rates remain low and leasing continues, we see continued growth throughout 2014 eclipsing 2013.”

 

Sales of new vehicles across Northern Ohio are projected to be more than 240,000 in 2014. For the year to date, franchised new vehicle dealers in Northern Ohio have sold 98,188 versus 93,809 over the same period in 2013, an increase of 4.67 percent.

 

Northern Ohio’s best selling brand Ford recorded a slight sales increase for the month, selling 3,726 new vehicles in May of 2014 versus 3,721 vehicles in May of 2013. Chevrolet came in second, selling 3,093 new vehicles for a healthy increase of 5.28 percent. Honda reclaimed its third place ranking, selling 1,941 new vehicles for the month, while fourth place Toyota sold 1,779 vehicles in the month.

 

Infiniti saw a whopping new vehicle sales increase of more than 131 percent for the month, while Land Rover and Jeep saw new vehicle increases of more than 83 percent and 63 percent, respectively.

 

20 Brands Up in May (‘14 v. ‘13)

The following brands posted sales increases in May of 2014 versus May of 2013: Audi, BMW, Buick, Cadillac, Chevrolet, Dodge, Fiat, Ford, GMC, Honda, Infiniti, Jeep, Land Rover, Maserati, Mazda, Mercedes-Benz, Mitsubishi, Nissan, Subaru and Volvo.

 

23 Brands Up Year-to-Date Through May of 2014

The following brands posted sales increases for the year-to-date:  Audi, BMW, Buick, Cadillac, Chevrolet, Dodge, Fiat, GMC, Honda, Infiniti, Jeep, Kia, Land Rover, Lexus, Lincoln, Maserati, Mazda, Mercedes-Benz, Mitsubishi, Nissan, Smart, Subaru and Toyota.

 

New-car and truck sales in Northern Ohio
May ‘14 / May ‘13 & YTD

 

 

May 14

May 13

May

% Chg.

YTD

May 14

YTD

May 13

YTD

May % Chg.

ACURA

169

183

-7.65%

750

808

-7.18%

AUDI

142

133

6.77%

657

601

9.32%

BMW

314

255

23.14%

1260

1147

9.85%

BUICK

517

494

4.66%

2446

2368

3.29%

CADILLAC

283

268

5.60%

1456

1407

3.48%

CHEVROLET

3093

2938

5.28%

13917

13646

1.99%

CHRYSLER

371

537

-30.91%

2153

2592

-16.94%

DODGE

1264

1058

19.47%

5325

4590

16.01%

FIAT

39

27

44.44%

150

131

14.50%

FORD

3726

3721

0.13%

17333

17671

-1.91%

FREIGHTLINER

26

24

8.33%

207

167

23.95%

GMC

662

637

3.92%

3669

3266

12.34%

HINO

4

2

100.00%

20

10

100.00%

HONDA

1941

1850

4.92%

8028

7817

2.70%

HYUNDAI

967

1156

-16.35%

4288

4543

-5.61%

INFINITI

155

67

131.34%

669

412

62.38%

INTERNATIONAL

49

70

-30.00%

303

278

8.99%

ISUZU

10

9

11.11%

51

57

-10.53%

JAGUAR

6

16

-62.50%

39

52

-25.00%

JEEP

1056

646

63.47%

4849

3207

51.20%

KENWORTH

14

25

-44.00%

88

82

7.32%

KIA

1063

1144

-7.08%

5194

5158

0.70%

LAND ROVER

33

18

83.33%

216

146

47.95%

LEXUS

196

203

-3.45%

951

928

2.48%

LINCOLN

155

167

-7.19%

727

543

33.89%

LOTUS

0

1

-100.00%

0

2

-100.00%

MACK

9

11

-18.18%

21

71

-70.42%

MASERATI

29

0

0.00%

91

0

0.00%

MAZDA

440

425

3.53%

2087

2024

3.11%

MERCEDES BENZ

285

269

5.95%

1371

1149

19.32%

MINI

31

44

-29.55%

122

125

-2.40%

MISCELLANEOUS

17

16

6.25%

76

63

20.63%

MITSUBISHI

159

117

35.90%

770

541

42.33%

NISSAN

942

798

18.05%

4902

4305

13.87%

PETERBILT

47

29

62.07%

164

175

-6.29%

PORSCHE

50

73

-31.51%

202

242

-16.53%

SMART

5

9

-44.44%

37

28

32.14%

SUBARU

685

646

6.04%

3283

3026

8.49%

SUZUKI

0

4

-100.00%

0

26

-100.00%

TOYOTA

1779

1807

-1.55%

8078

7824

3.25%

UD

0

0

0.00%

0

4

-100.00%

VOLKSWAGEN

414

532

-22.18%

2002

2312

-13.41%

VOLVO

50

43

16.28%

220

248

-11.29%

WESTERN STAR

1

6

-83.33%

16

17

-5.88%

Total Cars and Trucks

21198

20478

3.52%

98188

93809

4.67%

 

  

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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