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News & Updates

News Release: New Vehicle Sales Pace Slows in June
July 08, 2016

News Release: New Vehicle Sales Pace Slows in June

NEWS RELEASE

FOR IMMEDIATE RELEASE

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

 

New Vehicle Sales Pace Slows in June

 

Cleveland, OH (July 8, 2016) –  While sales of trucks and SUVs continued to grow in June, total new vehicles sales for the month were off 5.89 percent when comparing the month with June of 2015. For the year to date, total new vehicles sales are off 1.17 percent, according to figures released today by the Greater Cleveland Automobile Dealers Association (GCADA).

 

“While the pace of sales has slowed in our market, we continue to see a healthy sales volume for trucks and SUVs,” says Louis A. Vitantonio, president of the GCADA. “Sales cannot increase indefinitely; we are seeing a plateau in the sales cycle in the Northern Ohio market.”

 

Franchised new vehicle dealers across Northern Ohio sold 22,085 new vehicles in the month of June, compared to 23,467 over the same period a year prior. Sales of trucks and SUVs, however, remained in the black with dealers selling 7,956 in the month compared to 7,696 a year prior—an increase of 3.38 percent for the month. For the year to date, sales of trucks and SUVs are up 7.27 percent.

 

Ford sold 3,392 total new vehicles in the month, edging out Chevrolet for Northern Ohio’s best-selling brand. The Golden bowtie rang up 3,197 new vehicles sold in the month. However, Ford truck sales rose nearly four percent when comparing June of 2016 with June of 2015. Honda took home the bronze with 2,030 total vehicles sold, followed by Toyota with 1,971 vehicles sold in the month.

 

Volvo, Jaguar, Porsche, Cadillac and Buick were the brands that registered the most significant sales increases in the month.

 

10 Brands Up in June (‘16 v. ‘15)
The following brands posted sales increases in June of 2016 versus June of 2015: Audi, Buick, Cadillac, Fiat, jaguar, jeep, Nissan, Porsche, Toyota and Volvo.

 

14 Brands Up for the Year (’16 v. ’15)
The following brands posted sales increases for the year to date in 2016: Buick, Cadillac, Chevrolet, Fiat, Honda, Infiniti, Jeep, Land Rover, Lincoln, Mitsubishi, Ram, Subaru, Toyota and Volvo.

 

New-car and truck sales in Northern Ohio
June ’16 / June ’15 & YTD

 

June '16

June '15

June
% Chg.

YTD
June '16

YTD
June '15

YTD June
% Chg.

ACURA

128

186

-31.18%

833

1020

-18.33%

AUDI

151

145

4.14%

820

856

-4.21%

BMW

265

288

-7.99%

1457

1607

-9.33%

BUICK

605

489

23.72%

3027

2647

14.36%

CADILLAC

271

207

30.92%

1230

1140

7.89%

CHEVROLET

3197

3643

-12.24%

18237

17686

3.12%

CHRYSLER

459

513

-10.53%

2124

2814

-24.52%

DODGE

462

610

-24.26%

2700

3581

-24.60%

FIAT

39

34

14.71%

149

137

8.76%

FORD

3392

3781

-10.29%

19316

20504

-5.79%

FREIGHTLINER

44

41

7.32%

307

227

35.24%

GMC

837

919

-8.92%

4659

5062

-7.96%

HINO

6

3

100.00%

34

34

0.00%

HONDA

2030

2169

-6.41%

10614

10288

3.17%

HYUNDAI

802

875

-8.34%

4201

4824

-12.91%

INFINITI

120

120

0.00%

785

758

3.56%

INTERNATIONAL

36

54

-33.33%

376

402

-6.47%

ISUZU

28

17

64.71%

111

90

23.33%

JAGUAR

19

10

90.00%

62

65

-4.62%

JEEP

1648

1305

26.28%

8129

6952

16.93%

KENWORTH

15

60

-75.00%

135

234

-42.31%

KIA

1151

1380

-16.59%

6247

6545

-4.55%

LAND ROVER

45

46

-2.17%

283

241

17.43%

LEXUS

215

226

-4.87%

1169

1215

-3.79%

LINCOLN

210

215

-2.33%

1292

1135

13.83%

LOTUS

0

0

0.00%

0

0

0.00%

MACK

6

10

-40.00%

40

103

-61.17%

MASERATI

4

9

-55.56%

33

33

0.00%

MAZDA

517

555

-6.85%

2325

2608

-10.85%

MERCEDES BENZ

289

305

-5.25%

1568

1651

-5.03%

MINI

42

57

-26.32%

208

262

-20.61%

MISCELLANEOUS

26

27

-3.70%

122

140

-12.86%

MITSUBISHI

120

148

-18.92%

862

759

13.57%

NISSAN

1083

1071

1.12%

6157

6392

-3.68%

PETERBILT

73

83

-12.05%

418

184

127.17%

PORSCHE

65

51

27.45%

249

296

-15.88%

RAM

412

426

-3.29%

2605

2466

5.64%

SMART

5

5

0.00%

31

34

-8.82%

SUBARU

829

895

-7.37%

4752

4731

0.44%

TOYOTA

1971

1970

0.05%

10167

9524

6.75%

UD

0

0

0.00%

0

0

0.00%

VOLKSWAGEN

367

462

-20.56%

2083

2222

-6.26%

VOLVO

97

44

120.45%

440

294

49.66%

WESTERN STAR

4

13

-69.23%

22

35

-37.14%

Total Cars and Trucks

22,085

23,467

-5.89%

120,379

121,798

-1.17%

 

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.

 

About the GCADA
The Greater Cleveland Automobile Dealers' Association (GCADA) has served the retail-automobile industry and community with integrity and distinction since 1915. Today, located in Brecksville, Ohio, GCADA represents over 250 franchised motor vehicle dealer, which include new-car, truck, motorcycle and RV dealers in a 21-county region of Northern Ohio along the Lake Erie shore and beyond.  More information on the GCADA can be found at www.gcada.org. Contact us at 440-746-1500.

 

 

# # #

 

 

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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