Car Sales Up in Valley as Used Market Thrives
YOUNGSTOWN, Ohio – Auto sales in the Mahoning Valley started the year on an up note, as combined new- and used-car sales rose 4.1% year-over-year in January, according to data from the Greater Cleveland Automobile Dealers Association.
Total auto sales in Mahoning, Trumbull and Columbiana counties were 5,182 last month. New-car sales in the three counties totaled 2,853, down 3.6% from last year, while used-car sales were 2,229, a 14.3% increase.
“The used vehicle market continues to heat up as many previously leased vehicles become available for sale.” said GCADA President Louis Vitantonio in a statement. “We are still cautiously optimistic on performance in 2020, as we have predicted a slight slowing of the market for motor vehicles in northern Ohio. Although, with the Cleveland Auto Show right around the corner, we should see strong numbers this month through the middle of April.”
Locally, Sweeney Chevrolet in Boardman topped the new-car sales chart with 260 delivered to customers. Following were Greenwood Chevrolet, Austintown, with 170; Sweeney Buick GMC, Boardman, 150; Fred Martin Ford, Austintown; 116; and Boardman Subaru, Boardman, 106.
For sales of used cars, Greenwood Chevy was No. 1 with 112 delivered. It was the only dealership to hit triple digits.
Across the association’s 22-county membership area, combined new and used sales were up 8.6% to 10,152. Sweeney Chevrolet ranked No. 5 on the overall sales list, while Greenwood Chevrolet was No. 7.
Copyright 2020 The Business Journal, Youngstown, Ohio.