Valley vehicle sales drop | News, Sports, Jobs
YOUNGSTOWN – Mahoning Valley new vehicle sales fell 18.5% last month from a year ago, and for 2022 so far, sales have fallen nearly 28% under the weight of limited inventory and consumer concerns about inflation.
The latest data from the Greater Cleveland Automobile Dealers’ Association shows that in Trumbull, Mahoning and Columbiana counties, 1,992 new vehicles were sold in July, compared to 2,445 in July 2021.
Through July, 14,061 new vehicles were sold, compared to 19,518 over the same seven-month period in 2021.
Used vehicle sales for the month were down 7.5% from July 2021, from 2,555 to 2,363. For the year, sales are down 3.2% from 16 205 to 15,671, according to the dealer association.
The Mahoning County dealers with the most sales to local buyers in July were Greenwood Chevrolet, the No. 1 dealer in the Valley last month, 250; Chevrolet Buick GMC Cadillac Stadium, 241; and Sweeney Chevy, 205.
The top new-vehicle sellers were Sweeney Chevrolet, 133; Taylor Kia of Boardman, 125; and Chevrolet Buick GMC Cadillac Stadium, 108.
Topping the list of used vehicles were Greenwood Chevrolet, 144; Chevrolet Buick GMC Cadillac Stadium, 133; and Fred Martin Ford, 107.
Across the dealer association’s 21 northern Ohio counties, 15,384 new cars, trucks and SUVs were sold in July, down 24.6% from a year ago. For the year, sales of new vehicles amounted to 115,572, a difference of 24.9% compared to the same period last year.
“Not only do we continue to struggle with inventory shortages, but inflation has caused some concern,” said Louis A. Vitantonio, president of the dealer association.
“As fuel prices and the costs of other necessities begin to fall, consumers can feel comfortable considering the purchase of their next vehicle, keeping demand high,” he added. .
July’s Top Selling New Vehicle Brands in Northern Ohio
Ford – 2,046
Chevrolet – 2,024
Kia – 1,390
Toyota – 1,138
Jeeps – 1,095
SOURCE: Greater Cleveland Automobile Dealers Association