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News & Updates

News Release: December 2023 New Vehicle Registrations
January 05, 2024

News Release: December 2023 New Vehicle Registrations

 

FOR IMMEDIATE RELEASE

Cleveland, OH – New motor vehicle sales in 2023 have topped the previous year’s sales by a margin of 6.91 percent, according to figures released today by the Greater Cleveland Automobile Dealers’ Association (GCADA). Franchised dealers in Northern Ohio recorded 210,789 new vehicle sales, compared to 197,164 in 2022.

Annual New Vehicle Sales 2010-2023 Graph

For December of 2023, dealers sold 15,968 new cars, trucks and SUVs compared to the same month a year prior, an increase of 1.05 percent.

“Northern Ohio new vehicle sales rebounded from 2022 with small gains, while used vehicle sales continued to struggle,” says Louis A. Vitantonio, president of the GCADA. “High interest rates are hindering sales activity, however more lucrative incentives have arrived, which help offset the payment increases. In 2024, we expect similar sales activity as the market corrects itself from the past two years.”

Used vehicle sales in all of 2023 totaled 211,438, a decrease of 5.32 percent from last year. Looking at December alone, sales of used cars, trucks and SUVs were down by 10.37 percent compared to the same month in 2022.

At year end, Chevrolet remained the region’s best-selling brand, with 2,238 new vehicles sold. Ford’s second place finish resulted from 1,946 sales in December. Honda followed, taking back third place with 1,404 vehicle sales, ahead of Toyota and Kia with 1,328 and 1,324 sales, respectively.

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

 

December ‘23

December ‘22

YTD
December ‘23

YTD
December ‘22


December Chg.

YTD
December Chg.

ACURA

111

106

1484

1048

4.72%

41.60%

ALFA ROMEO

46

18

333

406

155.56%

-17.98%

ASTON MARTIN

1

1

19

13

0.00%

46.15%

AUDI

108

117

1519

1482

-7.69%

2.50%

BENTLEY

1

1

28

26

0.00%

7.69%

BMW

221

203

2411

2616

8.87%

-7.84%

BUICK

403

253

5767

3289

59.29%

75.34%

CADILLAC

184

197

2330

2367

-6.60%

-1.56%

CHEVROLET

2238

2305

28,930

26,377

-2.91%

9.68%

CHRYSLER

49

73

919

804

-32.88%

14.30%

DODGE

137

83

1904

1627

65.06%

17.03%

FIAT

0

1

3

19

-100.00%

-84.21%

FORD

1946

1996

25,803

25,580

-2.51%

0.87%

FREIGHTLINER

54

70

913

945

-22.86%

-3.39%

GENESIS

78

55

781

763

41.82%

2.36%

GMC

525

632

7823

8099

-16.93%

-3.41%

HINO

0

0

33

13

0.00%

153.85%

HONDA

1404

1071

17,903

13,194

31.09%

35.69%

HYUNDAI

818

933

11,120

11,437

-12.33%

-2.77%

INFINITI

32

20

376

382

60.00%

-1.57%

INTERNATIONAL

32

13

545

415

146.15%

31.33%

ISUZU

17

22

234

200

-22.73%

17.00%

JAGUAR

7

3

86

83

133.33%

3.61%

JEEP

707

736

10,997

13,444

-3.94%

-18.20%

KENWORTH

42

31

556

452

35.48%

23.01%

KIA

1324

1431

18,330

17,505

-7.48%

4.71%

LAND ROVER

59

38

586

474

55.26%

23.63%

LEXUS

238

162

2181

1679

46.91%

29.90%

LINCOLN

98

109

1476

1792

-10.09%

-17.63%

MACK

15

20

262

142

-25.00%

84.51%

MASERATI

1

5

39

44

-80.00%

-11.36%

MAZDA

485

462

5743

5152

4.98%

11.47%

MERCEDES BENZ

204

228

2781

2776

-10.53%

0.18%

MINI

31

14

215

204

121.43%

5.39%

MISCELLANEOUS

4

13

85

109

-69.23%

-22.02%

MITSUBISHI

73

73

1025

1384

0.00%

-25.94%

NISSAN

498

633

8032

7297

-21.33%

10.07%

PETERBILT

44

117

916

897

-62.39%

2.12%

PORSCHE

34

43

629

561

-20.93%

12.12%

RAM

752

563

8479

8023

33.57%

5.68%

ROLLS-ROYCE

3

1

20

15

200.00%

33.33%

SUBARU

953

1124

12,076

10,818

-15.21%

11.63%

TESLA

228

95

3139

2068

140.00%

51.79%

TOYOTA

1328

1299

16,038

15,096

2.23%

6.24%

VOLKSWAGEN

293

332

4489

4780

-11.75%

-6.09%

VOLVO

118

95

1316

1105

24.21%

19.10%

WESTERN STAR

24

5

115

162

380.00%

-29.01%

Total Cars and Trucks

15,968

15,802

210,789

197,164

1.05%

6.91%

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
spanza@gcada.org

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