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News & Updates

News Release: January New Vehicle Registrations
February 06, 2024

News Release: January New Vehicle Registrations

 

FOR IMMEDIATE RELEASE

Cleveland, OH – New vehicle sales in January of 2024 surpassed last year’s sales by 13.73 percent, according to figures released today by the Greater Cleveland Automobile Dealers’ Association (GCADA).

The 21- county region of Northern Ohio saw 18,367 new vehicles hit the road last month, compared to the 16,150 sold by dealers in the same month of 2023. Used vehicle sales in the region totaled 17,795 in January, a slight increase of 0.49 percent over the first month of last year.

“Although positive compared to 2023, January was a challenging month with high interest rates and economic headwinds for consumers,” says Louis A. Vitantonio, president of the GCADA. “The Northern Ohio market outpaced the nation with limited interruptions due to weather versus other parts of the country. With inventory levels returning, there’s no better time to purchase a current or previous model year vehicle.”

Sales numbers are expected to climb after the Cleveland Auto Show as well, which is set to open in a few weeks, running February 23 through March 3 at Cleveland’s I-X Center.

Chevrolet was again Northern Ohio’s best-selling brand to begin the year, selling 2,524 new vehicles. Ford came in second with 2,389 new vehicles in January. Honda came in third with 1,632 new vehicles sold in the month, ahead of Honda’s 1,580 sales.

New-car and truck sales in Northern Ohio

January ‘24 / January ‘23 & YTD

 

January ‘24

January ‘23

YTD
January ‘24

YTD
January ‘23


January Chg.

YTD
January Chg.

ACURA

108

96

108

96

12.50%

12.50%

ALFA ROMEO

25

20

25

20

25.00%

25.00%

ASTON MARTIN

3

4

3

4

-25.00%

-25.00%

AUDI

148

107

148

107

38.32%

38.32%

BENTLEY

2

2

2

2

0.00%

0.00%

BMW

268

230

268

230

16.52%

16.52%

BUICK

460

397

460

397

15.87%

15.87%

CADILLAC

224

201

224

201

11.44%

11.44%

CHEVROLET

2524

2382

2524

2382

5.96%

5.96%

CHRYSLER

67

54

67

54

24.07%

24.07%

DODGE

142

98

142

98

44.90%

44.90%

FIAT

0

0

0

0

0.00%

0.00%

FORD

2389

2061

2389

2061

15.91%

15.91%

FREIGHTLINER

83

75

83

75

10.67%

10.67%

GENESIS

81

56

81

56

44.64%

44.64%

GMC

562

644

562

644

-12.73%

-12.73%

HINO

1

0

1

0

0.00%

0.00%

HONDA

1632

1328

1632

1328

22.89%

22.89%

HYUNDAI

883

1009

883

1009

-12.49%

-12.49%

INFINITI

26

27

26

27

-3.70%

-3.70%

INTERNATIONAL

40

47

40

47

-14.89%

-14.89%

ISUZU

28

25

28

25

12.00%

12.00%

JAGUAR

6

5

6

5

20.00%

20.00%

JEEP

951

785

951

785

21.15%

21.15%

KENWORTH

24

61

24

61

-60.66%

-60.66%

KIA

1283

1409

1283

1409

-8.94%

-8.94%

LAND ROVER

60

74

60

74

-18.92%

-18.92%

LEXUS

207

156

207

156

32.69%

32.69%

LINCOLN

138

105

138

105

31.43%

31.43%

MACK

12

28

12

28

-57.14%

-57.14%

MASERATI

6

6

6

6

0.00%

0.00%

MAZDA

560

400

560

400

40.00%

40.00%

MERCEDES BENZ

249

254

249

254

-1.97%

-1.97%

MINI

14

16

14

16

-12.50%

-12.50%

MISCELLANEOUS

20

12

20

12

66.67%

66.67%

MITSUBISHI

90

99

90

99

-9.09%

-9.09%

NISSAN

576

656

576

656

-12.20%

-12.20%

PETERBILT

63

19

63

19

231.58%

231.58%

PORSCHE

59

70

59

70

-15.71%

-15.71%

RAM

770

505

770

505

52.48%

52.48%

ROLLS-ROYCE

1

1

1

1

0.00%

0.00%

SUBARU

1142

986

1142

986

15.82%

15.82%

TESLA

326

142

326

142

129.58%

129.58%

TOYOTA

1580

1039

1580

1039

52.07%

52.07%

VOLKSWAGEN

443

351

443

351

26.21%

26.21%

VOLVO

80

104

80

104

-23.08%

-23.08%

WESTERN STAR

11

4

11

4

175.00%

175.00%

Total Cars and Trucks

18,367

16,150

18,367

16,150

13.73%

13.73%

Retail sales figures are based on vehicle registration reports from the Ohio Bureau of Motor Vehicles. Vehicle sales data includes all dealers in these 21 counties: 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 Broadview Heights, GCADA represents over 280 franchised motor vehicle dealers, which include new-car, truck, motorcycle and RV dealers in 32 Ohio counties along the Lake Erie shore and beyond. More information on the GCADA can be found at www.gcada.org.

About the Cleveland Auto Show

The Cleveland Auto Show features concept, pre?production and production vehicles from the world’s auto manufacturers. The Show also features an array of entertainment including sports and celebrity appearances throughout the ten?day run. The Cleveland Auto Show is a consumer show and a favorite family tradition since 1903. Find us online at clevelandautoshow.com.

MEDIA CONTACT:
Sara Panza, 440-746-1500

 

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