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News & Updates

News Release: May New Vehicle Registrations
June 06, 2023

News Release: May New Vehicle Registrations

 

FOR IMMEDIATE RELEASE

Cleveland, OH – Continuing the previous month’s momentum, new vehicle sales in Northern Ohio increased by 14.63 percent in May, compared to the same month last year. According to figures released today by the Greater Cleveland Automobile Dealers’ Association (GCADA), dealers sold 18,802 new cars, trucks and SUVs last month, and year to date, the region saw an increase of 2.87 percent over 2022 sales.

“May’s positive results are indicative of the pent-up demand that remains from previous years,” says Louis A. Vitantonio, president of the GCADA. “However, interest rates continue to stifle affordability for some consumers, who have turned to new vehicle leases or used vehicles. We will see further downward pressure on pricing, as purchase and/or interest rate incentives gradually return.”

Chevrolet continues to be Northeast Ohio’s best-selling brand, with 2,501 new vehicle sales. Ford came in second place with 2,252 sales in May. In third place, Honda recorded 1,717 new vehicle sales in the region, followed by Kia and Toyota, with 1,527 and 1,296 sales respectively.

New Vehicle Sales in Northern Ohio
May ‘23 / May ‘22 & YTD

 

May ‘23

May ‘22

YTD
May ‘23

YTD
May ‘22


May Chg.

YTD
May Chg.

ACURA

139

70

589

480

98.57%

22.71%

ALFA ROMEO

21

50

113

243

-58.00%

-53.50%

ASTON MARTIN

0

1

8

3

-100.00%

166.67%

AUDI

128

103

602

539

24.27%

11.69%

BENTLEY

6

1

14

12

500.00%

16.67%

BMW

192

210

1022

1140

-8.57%

-10.35%

BUICK

566

271

2424

1255

108.86%

93.15%

CADILLAC

241

188

1026

895

28.19%

14.64%

CHEVROLET

2501

1925

11,999

10,502

29.92%

14.25%

CHRYSLER

96

101

360

396

-4.95%

-9.09%

DODGE

176

147

704

741

19.73%

-4.99%

FIAT

0

3

2

12

-100.00%

-83.33%

FORD

2252

2350

10,954

10,924

-4.17%

0.27%

FREIGHTLINER

112

74

446

483

51.35%

-7.66%

GENESIS

61

52

277

294

17.31%

-5.78%

GMC

808

683

3329

3367

18.30%

-1.13%

HINO

10

0

12

10

0.00%

20.00%

HONDA

1717

899

7151

5761

90.99%

24.13%

HYUNDAI

987

1040

4719

4718

-5.10%

0.02%

INFINITI

30

25

155

185

20.00%

-16.22%

INTERNATIONAL

64

24

227

172

166.67%

31.98%

ISUZU

21

21

96

88

0.00%

9.09%

JAGUAR

4

3

34

37

33.33%

-8.11%

JEEP

1086

1250

4585

6707

-13.12%

-31.64%

KENWORTH

47

42

232

218

11.90%

6.42%

KIA

1527

1583

7376

6986

-3.54%

5.58%

LAND ROVER

42

19

245

188

121.05%

30.32%

LEXUS

162

127

812

657

27.56%

23.59%

LINCOLN

102

228

537

755

-55.26%

-28.87%

MACK

30

14

123

44

114.29%

179.55%

MASERATI

2

2

17

22

0.00%

-22.73%

MAZDA

521

503

2386

2324

3.58%

2.67%

MERCEDES BENZ

233

192

1137

1089

21.35%

4.41%

MINI

14

9

77

70

55.56%

10.00%

MISCELLANEOUS

6

7

38

49

-14.29%

-22.45%

MITSUBISHI

106

89

442

777

19.10%

-43.11%

NISSAN

759

563

3603

3340

34.81%

7.87%

PETERBILT

128

101

380

315

26.73%

20.63%

PORSCHE

58

42

268

238

38.10%

12.61%

RAM

872

627

3275

3881

39.07%

-15.61%

ROLLS-ROYCE

0

1

8

4

-100.00%

100.00%

SUBARU

950

872

4811

4276

8.94%

12.51%

TESLA

221

240

1175

1063

-7.92%

10.54%

TOYOTA

1296

1074

5760

5873

20.67%

-1.92%

VOLKSWAGEN

402

452

1697

1722

-11.06%

-1.45%

VOLVO

92

102

537

462

-9.80%

16.23%

WESTERN STAR

14

22

35

105

-36.36%

-66.67%

Total Cars and Trucks

18,802

16,402

85,819

83,422

14.63%

2.87%

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.

MEDIA CONTACT:
Sara Panza, 440-746-1500

 

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