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News & Updates

News Release: Local New Vehicle Sales Grow in May
June 06, 2017

News Release: Local New Vehicle Sales Grow in May

NEWS RELEASE

FOR IMMEDIATE RELEASE

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

Local New Vehicle Sales Grow in May

 

Cleveland, OH (June 6, 2017) –  New vehicle dealers across Northern Ohio enjoyed strong sales in the month of May, according to the latest figures released today by the Greater Cleveland Automobile Dealers’ Association (GCADA).

 

Franchised new vehicle dealers in our area sold 21,388 new vehicles last month compared to 20,562 new vehicles in May of 2016, an increase of just over four percent. In a continuing trend that started last year, trucks and SUVs buoyed new vehicle sales growth, with dealers selling 29.7 percent more new truck and SUVs in May of 2017 when compared to May of 2016.

 

“With most industry analysts predicting a softer new vehicle market this year, once again the Northern Ohio market is on the rise, besting last years’ sales results,” says Louis A. Vitantonio, president of the GCADA. “We’re cautiously optimistic that this trend will continue, while preparing for a plateau sometime this year.”

 

While truck and SUV sales are up significantly, new car sales are off. For the month of May, new car sales were off 10 percent. For the year to date, new car sales are off 12 percent, while new truck and SUV sales are up over 36 percent so far this year. However, new vehicle dealers sold 11,979 cars last month compared to 9,409 new trucks and SUVs.

 

“So cars still make up the larger share of the market,” adds Vitantonio, “but the gap between the two market segments is narrowing.”

 

Chevrolet bumped Ford from its spot as the number one vehicle brand in Northern Ohio, selling 3,144 new vehicles to the Blue Oval’s 3,106 new unit mark for the month. Honda easily outdistanced Toyota for third, selling 1,928 new vehicles to 1,663 sold by its offshore rival in the month.

 

While dealers saw steady growth in new vehicle sales, sales of used vehicles also fared well, registering an increase of over eight percent when comparing May of 2017 with May of 2016.

 

19 Brands Up in May (‘17 v. ‘16)
The following brands posted sales increases in May of 2017 versus May of 2016: Acura, BMW, Buick, Cadillac, Chevrolet, Dodge, GMC, Hyundai, Jaguar, Jeep, Kia, Lexus, Lincoln, Maserati, Mazda, Ram, Smart, Subaru and Volkswagen.

 

21 Brands Up for the Year (’17 v. ’16)
The following brands posted sales increases for the year to date in 2017: BMW, Buick, Cadillac, Chevrolet, Dodge, Ford, GMC, Honda, Hyundai, Infiniti, Jaguar, Jeep, Kia, Maserati, Mazda, Mini, Porsche, Ram, Subaru, Volkswagen and Volvo.

 

New-car and truck sales in Northern Ohio
May ’17 / May ’16 & YTD

 

May '17

May '16

YTD
May ‘17

YTD
May '16


May Chg.

YTD
May Chg.

ACURA

149

143

657

705

4.20%

-6.81%

ALFA

14

0

27

0

0.00%

0.00%

AUDI

160

178

669

669

-10.11%

0.00%

BMW

252

250

1205

1192

0.80%

1.09%

BUICK

710

499

3256

2422

42.28%

34.43%

CADILLAC

229

210

994

959

9.05%

3.65%

CHEVROLET

3144

2905

16393

15040

8.23%

9.00%

CHRYSLER

298

398

1264

1665

-25.13%

-24.08%

DODGE

598

455

2463

2238

31.43%

10.05%

FIAT

30

34

108

110

-11.76%

-1.82%

FORD

3106

3276

16064

15924

-5.19%

0.88%

FREIGHTLINER

30

36

148

263

-16.67%

-43.73%

GMC

739

738

4147

3822

0.14%

8.50%

HINO

2

6

28

28

-66.67%

0.00%

HONDA

1928

1970

8755

8584

-2.13%

1.99%

HYUNDAI

1028

699

4356

3399

47.07%

28.16%

INFINITI

112

141

697

665

-20.57%

4.81%

INTERNATIONAL

50

68

209

340

-26.47%

-38.53%

ISUZU

22

12

89

83

83.33%

7.23%

JAGUAR

32

8

148

43

300.00%

244.19%

JEEP

1510

1407

6985

6481

7.32%

7.78%

KENWORTH

38

20

133

120

90.00%

10.83%

KIA

1150

1081

5271

5096

6.38%

3.43%

LAND ROVER

42

44

209

238

-4.55%

-12.18%

LEXUS

177

173

844

954

2.31%

-11.53%

LINCOLN

216

191

1021

1082

13.09%

-5.64%

LOTUS

0

0

0

0

0.00%

0.00%

MACK

4

8

44

34

-50.00%

29.41%

MASERATI

9

7

44

29

28.57%

51.72%

MAZDA

430

394

2065

1808

9.14%

14.21%

MERCEDES BENZ

235

294

1247

1279

-20.07%

-2.50%

MINI

36

49

172

166

-26.53%

3.61%

MISCELLANEOUS

39

28

137

96

39.29%

42.71%

MITSUBISHI

127

130

551

742

-2.31%

-25.74%

NISSAN

973

986

4873

5074

-1.32%

-3.96%

PETERBILT

74

82

432

345

-9.76%

25.22%

PORSCHE

48

49

220

184

-2.04%

19.57%

RAM

531

420

2576

2193

26.43%

17.46%

SMART

4

1

21

26

300.00%

-19.23%

SUBARU

942

876

4728

3923

7.53%

20.52%

TOYOTA

1663

1849

7743

8196

-10.06%

-5.53%

UD

0

0

0

0

0.00%

0.00%

VOLKSWAGEN

428

362

1996

1716

18.23%

16.32%

VOLVO

77

85

388

343

-9.41%

13.12%

WESTERN STAR

2

0

21

18

0.00%

16.67%

Total Cars and Trucks

21,388

20,562

103,398

98,294

4.02%

5.19%

 

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 dealers, 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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