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Upcoming Events: Seminar Schedule

F&I Manager's Guide to Compliance - YOUNGSTOWN / BOARDMAN
Thursday, October 24, 2024 - 10:00am-1:00pm
Holiday Inn Youngstown / Boardman
Members: $75/pp Non-Member: $150/pp
F&I Manager's Guide to Compliance - MAYFIELD
Thursday, October 17, 2024 - 10:00am-1:00pm
Holiday Inn Cleveland-Mayfield 780 Beta Dr. 44143
Members: $75/pp Non-Member: $150/pp
Forklift Safety Training & Certification for Dealership Employees
Tuesday, October 15, 2024 - 9am-12pm
Hartville RV Center
SAFE: $0 GCADA Member: $50/pp Non-Member:$100/pp
F&I Manager's Guide to Compliance - CUYAHOGA FALLS
Thursday, October 10, 2024 - 10:00am-1:00pm
Sheraton Suites Cuyahoga Falls
Members: $75/pp Non-Member: $150/pp
SAFE Supervisor Meeting
Thursday, October 10, 2024 - 9am-12pm
GCADA - 9150 S. Hills Blvd. Broadview Hts. 44147
SAFE Members $0

News & Updates

News Release: July New Vehicle Registrations
August 02, 2024

News Release: July New Vehicle Registrations

 

FOR IMMEDIATE RELEASE

Cleveland, OH – According to figures released today by the Greater Cleveland Automobile Dealers’ Association (GCADA), Northern Ohio franchised new motor vehicle dealers reported 19,005 sales in July, an increase of 12.39 percent compared to the same month last year. For the year to date, the region gained 3.11 percent over the prior year’s registrations.

“Some of July’s sales benefited from the CDK software interruption that took place in late June,” says Louis A. Vitantonio, president of the GCADA. “Interest rates and affordability continue to hamper sales activity in Northern Ohio.”

“Interest rate relief would be a welcome change, helping consumers purchase a new or used vehicle. We believe the sales increase will carry to the end of the year; however, it will not be a record-setting year for vehicle sales.”

Chevrolet held onto the gold medal as the region’s top-selling brand, with 2,651 new vehicles sold in July. Ford secured the silver with 2,442 sales in the month, while Honda took the bronze with 1,805. Kia and Toyota just missed the podium, finishing fourth and fifth with 1,652 and 1,224 sales, respectively.

New-car and truck sales in Northern Ohio
July ‘24 / July ‘23 & YTD

 

July ‘24

July ‘23

YTD
July ‘24

YTD
July ‘23


July Chg.

YTD
July Chg.

ACURA

124

143

804

887

-13.29%

-9.36%

ALFA ROMEO

15

33

128

170

-54.55%

-24.71%

ASTON MARTIN

1

2

10

12

-50.00%

-16.67%

AUDI

115

150

811

906

-23.33%

-10.49%

BENTLEY

5

5

26

21

0.00%

23.81%

BMW

201

192

1569

1441

4.69%

8.88%

BUICK

486

446

3661

3397

8.97%

7.77%

CADILLAC

255

158

1584

1389

61.39%

14.04%

CHEVROLET

2621

2012

17,524

16,373

30.27%

7.03%

CHRYSLER

74

96

489

543

-22.92%

-9.94%

DODGE

196

164

1217

1052

19.51%

15.68%

FIAT

1

0

3

2

0.00%

50.00%

FORD

2442

2026

15,643

15,298

20.53%

2.26%

FREIGHTLINER

93

67

480

593

38.81%

-19.06%

GENESIS

90

41

504

372

119.51%

35.48%

GMC

633

582

4205

4722

8.76%

-10.95%

HINO

4

2

18

25

100.00%

-28.00%

HONDA

1805

1358

11,870

10,228

32.92%

16.05%

HYUNDAI

1057

901

6898

6616

17.31%

4.26%

INFINITI

27

29

180

225

-6.90%

-20.00%

INTERNATIONAL

53

54

284

342

-1.85%

-16.96%

ISUZU

10

15

101

128

-33.33%

-21.09%

JAGUAR

7

13

64

50

-46.15%

28.00%

JEEP

914

956

6325

6682

-4.39%

-5.34%

KENWORTH

81

45

305

316

80.00%

-3.48%

KIA

1652

1603

9636

10699

3.06%

-9.94%

LAND ROVER

67

44

396

337

52.27%

17.51%

LEXUS

268

198

1446

1219

35.35%

18.62%

LINCOLN

170

145

1078

830

17.24%

29.88%

MACK

15

23

102

174

-34.78%

-41.38%

MASERATI

1

4

31

26

-75.00%

19.23%

MAZDA

519

530

3500

3463

-2.08%

1.07%

MERCEDES BENZ

242

220

1643

1634

10.00%

0.55%

MINI

24

20

116

113

20.00%

2.65%

MISCELLANEOUS

18

10

90

54

80.00%

66.67%

MITSUBISHI

123

97

727

632

26.80%

15.03%

NISSAN

753

657

4607

5058

14.61%

-8.92%

PETERBILT

95

66

587

558

43.94%

5.20%

PORSCHE

69

72

332

393

-4.17%

-15.52%

RAM

565

673

4031

4695

-16.05%

-14.14%

ROLLS-ROYCE

0

2

11

10

-100.00%

10.00%

SUBARU

924

894

7383

6797

3.36%

8.62%

TESLA

420

322

2087

1849

30.43%

12.87%

TOYOTA

1224

1298

9600

8412

-5.70%

14.12%

VOLKSWAGEN

416

426

3113

2579

-2.35%

20.71%

VOLVO

118

108

637

758

9.26%

-15.96%

WESTERN STAR

12

8

73

50

50.00%

46.00%

Total Cars and Trucks

19,005

16,910

125,929

122,130

12.39%

3.11%

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 can be found online at www.gcada.org.

MEDIA CONTACT:
Sara Panza, 440-746-1500

 

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