Local auto sales continue to exceed 2018
Valley sees 4.5 percent increase through May
WARREN — Automobile dealers in Trumbull, Mahoning and Columbiana counties through May continued to outpace sales for the same five months of 2018.
There were 41,711 new and used vehicles sold by dealerships in the Mahoning Valley to people across Ohio, up 4.5 percent from 39,848 during the same period last year, according to a report from the Greater Cleveland Automobile Dealers’ Association.
Dealers in May sold 8,900 new and used vehicles, up 5 percent for the month from 8,455 in May 2018.
Another report from the dealers’ association for sales to only area residents for the five months in the three-county region shows there was a 2.8 percent increase for new and used vehicles, a 2 percent increase in new vehicle sales and a 4.4 percent increase in used vehicle sales.
There were 23,997 vehicles sold through May, up from 23,316 for the same time in 2018. There were 13,349 new vehicles sold, up from 13,080, and 10,266 used vehicles sold, up from 9,813, the report shows.
Year-over-year in May, there was a 0.2 percent decrease in overall sales to buyers in the region, from 4,983 to 4,973.
Dealerships in Trumbull County with the most sales across Ohio in May were Toyota Volvo of Warren, 154; Klaben Ford Lincoln of Warren and Sims Buick GMC, 143 a piece; Greenwood Hubbard Chevrolet, 127; and Apostolakis Honda, 102.
Dealerships in the county with the most sales in the region were Klaben Ford Lincoln of Warren, 134; Toyota Volvo of Warren, 132; Sims Buick GMC, 131; Greenwood Hubbard Chevrolet, 119; and Apostolakis Honda, 95.
The top new vehicle sellers in Trumbull County were Sims Buick GMC, 86; Toyota Volvo of Warren, 85; Apostolakis Honda, 61; Greenwood Hubbard Chevrolet, 56; and Diane Sauer Chevrolet, 43.
The top used vehicle sellers in the county last month were Greenwood Hubbard Chevrolet, 63; Klaben Ford Lincoln of Warren, 58; Diane Sauer Chevrolet, 49; Toyota Volvo of Warren, 47; and Sims Buick GMC, 45.
Top in the Mahoning Valley for sales across Ohio and the top seller to region buyers in May was Greenwood Chevrolet in Austintown at 361 and 341, respectively.
Across northern Ohio, new vehicle sales continued to soften, but sales of used vehicles grew at a corresponding clip to keep the overall market steady with last year, according to the dealers’ association.
Dealers moved 21,200 new vehicles last month compared to 22,176 for May 2018, a decrease of 4.4 percent. Used vehicle sales, however, rose 3.3 percent from 18,418 to 19,041.
This could be the start of a short-term trend and “rare opportunity” for consumers, said Louis A. Vitantonio, dealers’ association president.
“Because used vehicle sales are up, there is more demand for consumer trade-ins. At the same time, new vehicle dealers, hungry for sales, are anxious to make a deal,” he said. “So, there has never been a better time to be in the market for a new vehicle.”