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News & Updates

News Release: Truck and SUV Sales Closing in on Cars as Dominant Market Segment
July 12, 2017

News Release: Truck and SUV Sales Closing in on Cars as Dominant Market Segment

NEWS RELEASE

FOR IMMEDIATE RELEASE

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

Truck and SUV Sales Closing in
on Car Sales as Dominant Market Segment

 

Cleveland, OH (July 12, 2017) –  New vehicle sales continued to grow across Northern Ohio in the month of June, according to the latest figures released today by the Greater Cleveland Automobile Dealers’ Association (GCADA).

 

While sales of cars declined when comparing June of this year with June of 2016, sales of trucks and SUVs continued to grow at a dramatic pace. In terms of numbers, car sales still dominate the market. However, if sales of trucks and SUVs continue to grow, they will eventually overtake cars as the leading new vehicle market segment.

 

“The consumers of Northern Ohio continue to push our market with the purchase of trucks and SUVs.  Unfortunately, this shift in preference comes at the cost of passenger car sales,” says Louis A. Vitantonio, president of the GCADA. “There are some big sedan introductions coming this fall, which could improve car sales. All in all, we continue to have positive year over year increases for our market.”

 

Franchised new vehicle dealers sold 10,015 new trucks and SUVs last month compared with 12,540 new cars, a difference of 2,525 units. However, car sales declined 11.25 percent when comparing June of 2017 with June of last year, while sales of trucks and SUVs climbed 25.88 percent over the same period. For the year to date, new truck and SUV sales are up 34.5 percent, while sales of new cars are off 11.92 percent.

 

Overall, sales of total new vehicle sales climbed 2.13 percent in June, with franchised new vehicle dealers selling 22,555 units this year compared with 22,085 in the month last year. For the year to date, total new vehicle sales are up 4.63 percent. Used vehicle sales were strong for the month, with dealers selling 18,212 vehicles compared with 16,987 a year prior, an increase of 7.21 percent.

 

Ford edged out Chevrolet for the best-selling brand in the month selling 3,352 units compared to 3,237 for Chevy. Honda’s sales for the month were essentially flat with last year, selling 2016 vehicles. However, it was enough to outdistance offshore rival Toyota, which sold 1,928 units. 

 

19 Brands Up in June (‘17 v. ‘16)
The following brands posted sales increases in June of 2017 versus June of 2016: Acura, Alfa Romeo, Audi, BMW, Buick, Chevrolet, Dodge, Hyundai, Infiniti, Jaguar, Kia, Lincoln, Maserati, Mini, Mitsubishi, Nissan, Ram, Subaru and Volkswagen.

 

23 Brands Up for the Year (‘17 v. ‘16)
The following brands posted sales increases for the year to date in 2017: Alfa Romeo, Audi, 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
June ’17 / June ’16 & YTD

 

June '17

June '16

YTD
June ‘17

YTD
June '16


June Chg.

YTD
June Chg.

ACURA

172

128

829

833

34.38%

-0.48%

ALFA

12

0

39

0

0.00%

0.00%

AUDI

167

151

836

820

10.60%

1.95%

BMW

303

265

1508

1457

14.34%

3.50%

BUICK

685

605

3941

3027

13.22%

30.19%

CADILLAC

263

271

1257

1230

-2.95%

2.20%

CHEVROLET

3237

3197

19630

18237

1.25%

7.64%

CHRYSLER

286

459

1550

2124

-37.69%

-27.02%

DODGE

555

462

3018

2700

20.13%

11.78%

FIAT

25

39

133

149

-35.90%

-10.74%

FORD

3352

3392

19416

19316

-1.18%

0.52%

FREIGHTLINER

58

44

237

307

31.82%

-22.80%

GMC

650

837

4797

4659

-22.34%

2.96%

HINO

3

6

31

34

-50.00%

-8.82%

HONDA

2016

2030

10771

10614

-0.69%

1.48%

HYUNDAI

1096

802

5452

4201

36.66%

29.78%

INFINITI

130

120

827

785

8.33%

5.35%

INTERNATIONAL

83

36

292

376

130.56%

-22.34%

ISUZU

16

28

105

111

-42.86%

-5.41%

JAGUAR

26

19

174

62

36.84%

180.65%

JEEP

1537

1648

8522

8129

-6.74%

4.83%

KENWORTH

30

15

163

135

100.00%

20.74%

KIA

1167

1151

6438

6247

1.39%

3.06%

LAND ROVER

38

45

247

283

-15.56%

-12.72%

LEXUS

195

215

1039

1169

-9.30%

-11.12%

LINCOLN

250

210

1271

1292

19.05%

-1.63%

LOTUS

0

0

0

0

0.00%

0.00%

MACK

8

6

64

40

33.33%

60.00%

MASERATI

6

4

50

33

50.00%

51.52%

MAZDA

454

517

2519

2325

-12.19%

8.34%

MERCEDES BENZ

272

289

1519

1568

-5.88%

-3.13%

MINI

54

42

226

208

28.57%

8.65%

MISCELLANEOUS

13

26

100

122

-50.00%

-18.03%

MITSUBISHI

125

120

676

862

4.17%

-21.58%

NISSAN

1123

1083

5996

6157

3.69%

-2.61%

PETERBILT

58

73

490

418

-20.55%

17.22%

PORSCHE

43

65

263

249

-33.85%

5.62%

RAM

533

412

3109

2605

29.37%

19.35%

SMART

4

5

25

31

-20.00%

-19.35%

SUBARU

1004

829

5732

4752

21.11%

20.62%

TOYOTA

1928

1971

9671

10167

-2.18%

-4.88%

UD

0

0

0

0

0.00%

0.00%

VOLKSWAGEN

503

367

2499

2083

37.06%

19.97%

VOLVO

58

97

446

440

-40.21%

1.36%

WESTERN STAR

17

4

45

22

325.00%

104.55%

Total Cars and Trucks

22,555

22,085

125,953

120,379

2.13%

4.63%

 

 

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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