Banking & Finance

Local Car Sales Down to Start Year

YOUNGSTOWN, Ohio – Auto sales in the Mahoning Valley started 2018 on the same down note as the rest of the industry as 4,518 new and used vehicles were sold, according to data from the Greater Cleveland Automobile Dealers Association, down 7.9% from a year earlier.

New-car sales in Mahoning, Trumbull and Columbiana counties totaled 2,623 last month, down from 3,034 a year ago. Used-car sales, meanwhile, were almost even with last January’s figure as 1,828 were sold in the tri-county area, three more than a year ago.

“The bitter cold took a bite out of sales in January across all segments,” said President Louis A. Vitantonio in a release. “We see a rebound in February as we move into the Cleveland Auto Show, which brings additional incentives and provides an opportunity for consumers to shop all the brands in one location.” 

Among the dealership in the three counties, Sweeney Chevrolet was No. 1 in sales of new cars with 208 delivered to customers, 61 fewer than last year. Following was Greenwood Chevrolet, Austintown, with 172 sold, down from 236 last year; Boardman Subaru, Boardman, 147, an increase of 14; Sweeney Buick GMC, Boardman, 127 sold, down 22; and Stadium GM, Salem, with 115 sold, down from 202.

Greenwood led area dealerships for used-car sales with 113 sold, six more than January 2017.

Through the association’s entire 22-county area, Greenwood and Sweeney Chevy ranked No. 2 and No. 3, respectively, for combined sales.

Published by The Business Journal, Youngstown, Ohio.