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Upcoming Events: Seminar Schedule

Professional Automotive Sales - Next Level Training - Building Value and More!
Monday, November 18, 2024 - 8:30am-4:00pm
GCADA - 9150 S. Hills Blvd. Broadview Hts. 44147
Members: $285/pp Non-Members: $500
Forklift Safety Training & Certification for Dealership Employees
Thursday, November 07, 2024 - 9am-12pm
Ron Marhofer Chevrolet
SAFE: $0 GCADA Member: $50/pp Non-Member:$100/pp
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
F&I Manager's Guide to Compliance - CUYAHOGA FALLS
Thursday, October 10, 2024 - 10:00am-1:00pm
Sheraton Suites Cuyahoga Falls
Registration closed for this session - at capacity

News & Updates

News Release: August New Vehicle Registrations
September 04, 2024

News Release: August New Vehicle Registrations

 

FOR IMMEDIATE RELEASE

Cleveland, OH – Northern Ohio franchised new motor vehicle dealers reported a total of 19,107 sales last month, according to figures released today by the Greater Cleveland Automobile Dealers’ Association (GCADA). August is now the second-highest sales month of 2024, although off by 2.89 percent when compared to the same month in 2023. For the year to date, the region gained 2.28 percent over the prior year’s registrations.

“New vehicle sales remain on track against robust numbers from August 2023,” says Louis A. Vitantonio, president of the GCADA. “With high incentives and discounts, consumers are seeing better values on new vehicle purchases. As vehicle inventory has returned to normal levels, prices have come down in order to move the prior-year models in preparation for the arrival of 2025s.” 

“We are hoping to see interest rate relief soon, to provide additional help to spur both new and used vehicle sales, for a strong close to 2024.”

Chevrolet is yet again the region’s top-selling brand, with 2,510 new vehicles sold in August. Ford remains in second with 2,372 new vehicle sales in the month, followed by Honda with 1,803 for third place. Kia held onto fourth with 1,633 sales, and Toyota just made the top five with 1,249 sales, beating Subaru’s 1,238.

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

 

August ‘24

August ‘23

YTD
August ‘24

YTD
August ‘23


August Chg.

YTD
August Chg.

ACURA

131

122

935

1009

7.38%

-7.33%

ALFA ROMEO

10

22

138

192

-54.55%

-28.13%

ASTON MARTIN

0

3

10

15

-100.00%

-33.33%

AUDI

148

152

959

1058

-2.63%

-9.36%

BENTLEY

1

4

27

25

-75.00%

8.00%

BMW

190

199

1759

1640

-4.52%

7.26%

BUICK

544

470

4205

3867

15.74%

8.74%

CADILLAC

285

226

1869

1615

26.11%

15.73%

CHEVROLET

2510

2877

20,034

19,250

-12.76%

4.07%

CHRYSLER

84

96

573

639

-12.50%

-10.33%

DODGE

137

213

1354

1265

-35.68%

7.04%

FIAT

1

0

4

2

0.00%

100.00%

FORD

2372

2346

18,015

17,644

1.11%

2.10%

FREIGHTLINER

75

94

555

687

-20.21%

-19.21%

GENESIS

79

101

583

473

-21.78%

23.26%

GMC

663

716

4868

5438

-7.40%

-10.48%

HINO

1

4

19

29

-75.00%

-34.48%

HONDA

1803

1575

13,673

11,803

14.48%

15.84%

HYUNDAI

998

1007

7896

7623

-0.89%

3.58%

INFINITI

9

27

189

252

-66.67%

-25.00%

INTERNATIONAL

49

69

333

411

-28.99%

-18.98%

ISUZU

11

38

112

166

-71.05%

-32.53%

JAGUAR

8

4

72

54

100.00%

33.33%

JEEP

931

1079

7256

7761

-13.72%

-6.51%

KENWORTH

78

65

383

381

20.00%

0.52%

KIA

1633

1820

11,269

12,519

-10.27%

-9.98%

LAND ROVER

58

66

454

403

-12.12%

12.66%

LEXUS

214

203

1660

1422

5.42%

16.74%

LINCOLN

161

159

1239

989

1.26%

25.28%

MACK

18

16

120

190

12.50%

-36.84%

MASERATI

0

4

31

30

-100.00%

3.33%

MAZDA

600

545

4100

4008

10.09%

2.30%

MERCEDES BENZ

239

280

1882

1914

-14.64%

-1.67%

MINI

7

29

123

142

-75.86%

-13.38%

MISCELLANEOUS

15

3

105

57

400.00%

84.21%

MITSUBISHI

117

100

844

732

17.00%

15.30%

NISSAN

729

668

5336

5726

9.13%

-6.81%

PETERBILT

54

92

641

650

-41.30%

-1.38%

PORSCHE

47

56

379

449

-16.07%

-15.59%

RAM

563

775

4594

5470

-27.35%

-16.01%

ROLLS-ROYCE

1

1

12

11

0.00%

9.09%

SUBARU

1238

1085

8621

7882

14.10%

9.38%

TESLA

286

219

2373

2068

30.59%

14.75%

TOYOTA

1249

1430

10,849

9842

-12.66%

10.23%

VOLKSWAGEN

638

468

3751

3047

36.32%

23.10%

VOLVO

111

135

748

893

-17.78%

-16.24%

WESTERN STAR

11

13

84

63

-15.38%

33.33%

Total Cars and Trucks

19,107

19,676

145,036

141,806

-2.89%

2.28%

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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