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News & Updates

News Release: Trucks and SUVs Do the Heavy Lifting for New Vehicle Market in May
June 10, 2015

News Release: Trucks and SUVs Do the Heavy Lifting for New Vehicle Market in May

NEWS RELEASE

FOR IMMEDIATE RELEASE

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

 

Trucks and SUVs Do the Heavy Lifting
For New Vehicle Market in May

 

Cleveland, OH (June 10, 2015) –  Trucks and SUVs did the heavy lifting in terms of new vehicles sales in Northern Ohio in May, ringing up an increase of 11.14 percent over May of 2014, according to figures released today by the Greater Cleveland Automobile Dealers’ Association (GCADA). Franchised new vehicle dealers sold a total of 20,591 new vehicles in the month compared with 21,198 vehicles in May of 2014, an overall decrease of 2.86 percent. For the year to date, sales are up .15 percent, essentially flat with last year. Sales of trucks and SUVs, however, are up 11.76 percent over last year through the end of May.

 

“It’s definitely the continuation of a trend that we have seen over the last few months,” said Louis A. Vitantonio, president of the GCADA. “Lower fuel prices continue to drive sales of trucks and SUVs. At the same time, several brands introduced new trucks and SUVs that have come into showrooms in the last few months, helping sales as well.

 

May of 2015 is also coming up against some historically strong numbers. In May of last year new vehicle sales rose 3.52 percent, besting the double-digit growth in May of 2013 when the industry sold 20,478 new vehicles, which is actually below this year’s pace.

 

“While we have seen some fluctuations in the numbers from month to month, the factors that contribute to overall sales growth are still in place,” Vitantonio said. “We are still predicting an increase of between one and three percent for the year.”

 

Franchised new vehicle dealers in Northern Ohio sold 6,624 trucks and SUVs in May compared with 5,960 trucks and SUVS in May of 2014. Several brands enjoyed a break out month in terms of truck and SUV sales. While many brands registered double-digit growth in the segment, Acura, Infiniti, Land Rover, Lincoln, Mazda, Porsche and Subaru all had truck and SUV sales increases of more than 50 percent when comparing May of 2015 with May of 2014.

 

In terms of total new vehicle sales, the top four brands in Northern Ohio in May of this year were Ford, Chevrolet, Honda and Toyota, in that order. The Blue Oval sold 3,444 new vehicles in May, compared to 2,947 for the Golden Bow Tie. Honda came in at 1,889 vehicles ahead of Toyota at 1,668 vehicles sold in the month.

 

16 Brands Up in May (‘15 v. ‘14)
The following brands posted sales increases in May of 2015 versus May of 2014: Acura, Audi, Chrysler, GMC, Jaguar, Jeep, Kia, Land Rover, Lexus, Lincoln, Mazda, Mercedes-Benz, Mini, Porsche, Smart and Subaru.

 

16 Brands Up Year-To-Date (’15 v. ’14)
The following brands have posted sales increases year-to-date through May of 2015: Acura, Audi, BMW, Chevrolet, Chrysler, GMC, Honda, Jaguar, Jeep, Lexus, Lincoln, Mini, Nissan, Porsche, Subaru and Volvo.

 

New-car and truck sales in Northern Ohio
May ‘15 / May ‘14 & YTD

 

 

May 15

May 14

May

% Chg.

YTD

May 15

YTD

May 14

YTD

May % Chg.

ACURA

195

169

15.38%

834

750

11.20%

AUDI

143

142

0.70%

711

657

8.22%

BMW

269

314

-14.33%

1319

1260

4.68%

BUICK

472

517

-8.70%

2158

2446

-11.77%

CADILLAC

203

283

-28.27%

933

1456

-35.92%

CHEVROLET

2947

3093

-4.72%

14043

13917

0.91%

CHRYSLER

489

371

31.81%

2301

2153

6.87%

DODGE

984

1264

-22.15%

5011

5325

-5.90%

FIAT

18

39

-53.85%

103

150

-31.33%

FORD

3444

3726

-7.57%

16723

17333

-3.52%

FREIGHTLINER

30

26

15.38%

186

207

-10.14%

GMC

760

662

14.80%

4143

3669

12.92%

HINO

6

4

50.00%

31

20

55.00%

HONDA

1889

1941

-2.68%

8119

8028

1.13%

HYUNDAI

732

967

-24.30%

3949

4288

-7.91%

INFINITI

121

155

-21.94%

638

669

-4.63%

INTERNATIONAL

59

49

20.41%

348

303

14.85%

ISUZU

11

10

10.00%

73

51

43.14%

JAGUAR

9

6

50.00%

55

39

41.03%

JEEP

1233

1056

16.76%

5647

4849

16.46%

KENWORTH

21

14

50.00%

174

88

97.73%

KIA

1256

1063

18.16%

5165

5194

-0.56%

LAND ROVER

45

33

36.36%

195

216

-9.72%

LEXUS

198

196

1.02%

989

951

4.00%

LINCOLN

173

155

11.61%

920

727

26.55%

LOTUS

0

0

0.00%

0

0

0.00%

MACK

9

9

0.00%

93

21

342.86%

MASERATI

8

29

-72.41%

24

91

-73.63%

MAZDA

470

440

6.82%

2053

2087

-1.63%

MERCEDES BENZ

309

285

8.42%

1346

1371

-1.82%

MINI

50

31

61.29%

205

122

68.03%

MISCELLANEOUS

48

17

182.35%

113

76

48.68%

MITSUBISHI

128

159

-19.50%

611

770

-20.65%

NISSAN

916

942

-2.76%

5321

4902

8.55%

PETERBILT

42

47

-10.64%

101

164

-38.41%

PORSCHE

59

50

18.00%

245

202

21.29%

SMART

9

5

80.00%

29

37

-21.62%

SUBARU

746

685

8.91%

3836

3283

16.84%

TOYOTA

1668

1779

-6.24%

7554

8078

-6.49%

UD

0

0

0.00%

0

0

0.00%

VOLKSWAGEN

370

414

-10.63%

1760

2002

-12.09%

VOLVO

49

50

-2.00%

250

220

13.64%

WESTERN STAR

3

1

200.00%

22

16

37.50%

Total Cars and Trucks

20,591

21,198

-2.86%

98,331

98,188

0.15%

 

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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