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News & Updates

News Release: November Vehicle Registrations
December 05, 2023

News Release: November Vehicle Registrations

 

Cleveland, OH – New vehicle sales continue a steady rise, with an increase of 7.06 percent last month, compared to November of 2022. According to figures released today by the Greater Cleveland Automobile Dealers’ Association (GCADA), dealers in Northeast Ohio sold 16,686 new cars, trucks and SUVs in November 2023. For the year to date, the region’s sales are up by 7.42 percent over last year.

“New vehicle sales continue to recover from a slow 2022. Meanwhile, the used market is cooling as prices fall on pre-owned vehicle inventory,” says Louis A. Vitantonio, president of the GCADA. “We are starting to see more purchase and financing incentives to offset the high interest rates that have pushed monthly payments above normal.”

Used vehicle sales so far in 2023 total 196,398, a decrease of 4.91 percent from last year. For the month of November, sales of used cars, trucks and SUVs were off by 3.45 percent when compared to the same month a year prior.

Chevrolet remained Northeast Ohio’s best-selling brand, with 2,344 new vehicle sales. Ford held onto second place with 1,949 sales in November. Toyota jumped into third with 1,612 sales in the region, followed by Honda with 1,559, and Kia with 1,336 sales.

New-car and truck sales in Northern Ohio
November ‘23 / November ‘22 & YTD

 

November ‘23

November ‘22

YTD
November ‘23

YTD
November ‘22


November Chg.

YTD
November Chg.

ACURA

117

93

1373

942

25.81%

45.75%

ALFA ROMEO

29

14

287

388

107.14%

-26.03%

ASTON MARTIN

1

2

18

12

-50.00%

50.00%

AUDI

104

128

1411

1365

-18.75%

3.37%

BENTLEY

0

1

27

25

-100.00%

8.00%

BMW

191

247

2190

2413

-22.67%

-9.24%

BUICK

480

284

5364

3036

69.01%

76.68%

CADILLAC

123

229

2146

2170

-46.29%

-1.11%

CHEVROLET

2344

2281

26,692

24,072

2.76%

10.88%

CHRYSLER

71

53

870

731

33.96%

19.02%

DODGE

160

71

1767

1544

125.35%

14.44%

FIAT

0

0

3

18

0.00%

-83.33%

FORD

1949

1951

23,857

23,584

-0.10%

1.16%

FREIGHTLINER

61

71

859

875

-14.08%

-1.83%

GENESIS

70

61

703

708

14.75%

-0.71%

GMC

631

714

7298

7467

-11.62%

-2.26%

HINO

1

0

33

13

0.00%

153.85%

HONDA

1559

970

16,499

12,123

60.72%

36.10%

HYUNDAI

881

725

10,302

10,504

21.52%

-1.92%

INFINITI

26

25

344

362

4.00%

-4.97%

INTERNATIONAL

39

52

513

402

-25.00%

27.61%

ISUZU

10

14

217

178

-28.57%

21.91%

JAGUAR

5

4

79

80

25.00%

-1.25%

JEEP

749

843

10,290

12,708

-11.15%

-19.03%

KENWORTH

21

30

514

421

-30.00%

22.09%

KIA

1336

1314

17,006

16,074

1.67%

5.80%

LAND ROVER

28

52

527

436

-46.15%

20.87%

LEXUS

192

129

1943

1517

48.84%

28.08%

LINCOLN

109

130

1378

1683

-16.15%

-18.12%

MACK

20

11

247

122

81.82%

102.46%

MASERATI

4

1

38

39

300.00%

-2.56%

MAZDA

368

445

5258

4690

-17.30%

12.11%

MERCEDES BENZ

244

233

2577

2548

4.72%

1.14%

MINI

9

26

184

190

-65.38%

-3.16%

MISCELLANEOUS

8

8

81

96

0.00%

-15.63%

MITSUBISHI

77

75

952

1311

2.67%

-27.38%

NISSAN

569

742

7534

6664

-23.32%

13.06%

PETERBILT

49

116

872

780

-57.76%

11.79%

PORSCHE

48

30

595

518

60.00%

14.86%

RAM

738

437

7727

7460

68.88%

3.58%

ROLLS-ROYCE

2

3

17

14

-33.33%

21.43%

SUBARU

990

1052

11,123

9694

-5.89%

14.74%

TESLA

231

65

2911

1973

255.38%

47.54%

TOYOTA

1612

1346

14,710

13,797

19.76%

6.62%

VOLKSWAGEN

318

397

4196

4448

-19.90%

-5.67%

VOLVO

101

101

1198

1010

0.00%

18.61%

WESTERN STAR

11

9

91

157

22.22%

-42.04%

Total Cars and Trucks

16,686

15,585

194,821

181,362

7.06%

7.42%

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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