NEWS RELEASE           

FOR IMMEDIATE RELEASE

MEDIA CONTACT:                                                                                                  

Greater Cleveland Automobile Dealers’ Association                                                                           

440.746.1500

OCTOBER NORTHEAST OHIO AUTO SALES WEAKEN

Cleveland, OH (November 13, 2009) – According to figures released today by the Greater Cleveland Automobile Dealers’ Association (GCADA), October 09 v. October 08 new vehicle car and truck sales were off 21%.  The decline is due in part to decreased vehicle inventories and the successful CARS (Cash for Clunkers) program.   Ford led all automakers in October and year to date Northeast Ohio sales.   

“The current decline in sales is, in large part, an inventory issue which manufacturers are taking steps to rectify. As manufacturer inventories adjust to consumer demand, automotive sales figures will increase accordingly.” says Gary Adams, President of the GCADA.

7 Brands up Oct. (09 v. 08)

The following seven brands posted sales increases in October 09 versus October 08:  Audi, BMW, Kia, Lexus, Nissan, Subaru and Volkswagen.

3 brands up year-to-date

Through October, 2009, three brands posted year-to-date sales increases in the region.  They remain:  Hyundai, Kia and Subaru.

New-car and truck sales in Northern Ohio

October ’09 / October ’08 & YTD

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.

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