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News & Updates

News Release: November Truck Sales Surge as Car Demand Slows
December 11, 2014

News Release: November Truck Sales Surge as Car Demand Slows

NEWS RELEASE

FOR IMMEDIATE RELEASE

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

 

November Truck Sales Surge as Car Demand Slows
Market Remains Positive for 2014

 

Cleveland, OH (December 11, 2014) – Sales of trucks and SUVs grew by more than 6 percent in November of 2014 when comparing it to the same month a year prior. However, overall sales of new and used vehicles declined 3.41 percent for the month. Franchised new vehicle dealers sold 15,395 vehicles in November compared to 15,939 in November of 2013, according to figures released today by the Greater Cleveland Automobile Dealers’ Association (GCADA).

 

“In November, we saw an increased demand for trucks and SUVs as fuel prices continued to decline,” said Louis A. Vitantonio, president of the GCADA. “New and used vehicle sales slowed in November as we were comparing it against a strong selling month in November 2013. We anticipate December sales finishing 2014 on a strong note and are projecting an increase of over 5 percent for the year.”

 

For the year to date, franchised new vehicle dealers have sold 225,750 vehicles this year compared to 212,886 through November of last year, an increase of 6.04 percent.

 

In Northern Ohio, Ford continued to lead all brands with 2,452 vehicles sold in the month, leading its rival Chevrolet, which sold 1,995 vehicles. Honda sold 1,334 vehicles to take home third over fourth place Toyota, which sold 1,246 vehicles in the month. Infiniti, Jaguar, Mini and Porsche were the big winners in November, each brand registering strong double-digit growth for the month. Chrysler also enjoyed a strong month, selling 343 vehicles compared to 292 in November of 2013, an increase of 17.47 percent.

 

15 Brands Up in November (‘14 v. ‘13)
The following brands posted sales increases in November of 2014 versus November of 2013: Audi, Buick, Chrysler, GMC, Honda, Infiniti, Jaguar, Jeep, Kia, Land Rover, Mini, Nissan, Porsche, Subaru, and Volkswagen.

 

23 Brands Up Year-to-Date Through November of 2014
The following brands posted sales increases for the year-to-date: Audi, BMW, Buick, Chevrolet, Dodge, Ford, GMC, Honda, Infiniti, Jeep, Kia, Land Rover, Lexus, Lincoln, Maserati, Mazda, Mercedes-Benz, Mini, Mitsubishi, Nissan, Porsche, Subaru and Toyota.

 

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

 

November 14

November 13

November
% Chg.

YTD
November 14

YTD
November 13

YTD
November % Chg.

ACURA

128

149

-14.09%

1686

1800

-6.33%

AUDI

140

130

7.69%

1635

1370

19.34%

BMW

232

232

0.00%

2853

2614

9.14%

BUICK

388

381

1.84%

5554

5432

2.25%

CADILLAC

189

282

-32.98%

3266

3396

-3.83%

CHEVROLET

1995

2064

-3.34%

31349

30527

2.69%

CHRYSLER

343

292

17.47%

4751

5218

-8.95%

DODGE

762

838

-9.07%

12162

10552

15.26%

FIAT

13

25

-48.00%

319

324

-1.54%

FORD

2452

2902

-15.51%

38404

38143

0.68%

FREIGHTLINER

40

37

8.11%

568

467

21.63%

GMC

578

527

9.68%

8259

7374

12.00%

HINO

2

4

-50.00%

60

35

71.43%

HONDA

1334

1304

2.30%

19803

18536

6.84%

HYUNDAI

578

753

-23.24%

9704

10027

-3.22%

INFINITI

118

99

19.19%

1474

1025

43.80%

INTERNATIONAL

31

69

-55.07%

680

696

-2.30%

ISUZU

13

22

-40.91%

129

147

-12.24%

JAGUAR

7

4

75.00%

99

120

-17.50%

JEEP

883

775

13.94%

11317

7481

51.28%

KENWORTH

34

11

209.09%

269

202

33.17%

KIA

877

846

3.66%

12416

12221

1.60%

LAND ROVER

22

20

10.00%

418

335

24.78%

LEXUS

162

164

-1.22%

2289

2084

9.84%

LINCOLN

146

150

-2.67%

1792

1442

24.27%

LOTUS

0

0

0.00%

3

4

-25.00%

MACK

10

17

-41.18%

76

123

-38.21%

MASERATI

0

0

0.00%

174

0

0.00%

MAZDA

274

305

-10.16%

4643

4472

3.82%

MERCEDES BENZ

282

303

-6.93%

3152

2869

9.86%

MINI

40

21

90.48%

352

340

3.53%

MISCELLANEOUS

16

36

-55.56%

177

195

-9.23%

MITSUBISHI

122

122

0.00%

1558

1241

25.54%

NISSAN

805

721

11.65%

11410

10020

13.87%

PETERBILT

78

61

27.87%

395

480

-17.71%

PORSCHE

50

41

21.95%

514

505

1.78%

SMART

1

4

-75.00%

69

82

-15.85%

SUBARU

629

555

13.33%

7926

6891

15.02%

SUZUKI

0

0

0.00%

0

30

-100.00%

TOYOTA

1246

1301

-4.23%

18956

18378

3.15%

UD

0

0

0.00%

0

5

-100.00%

VOLKSWAGEN

328

324

1.23%

4529

5071

-10.69%

VOLVO

44

48

-8.33%

529

570

-7.19%

WESTERN STAR

3

0

0.00%

31

42

-26.19%

Total Cars and Trucks

15,395

15,939

-3.41%

225,750

212,886

6.04%

 

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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