Banking & Finance

Mahoning Valley Car Sales Climb 10% in 2017

YOUNGSTOWN, Ohio – Even though car sales were down across the Mahoning Valley last month, 2017 as a whole proved a good year for dealers as new and used sales rose 10.1% to 58,361 according to data from the Greater Cleveland Automobile Dealers Association.

For December alone, 4,012 vehicles were sold in Mahoning, Trumbull and Columbiana counties, down 6.1% from a year prior.

“Sales in December were not as strong as we anticipated,” said President Louis A. Vitantonio in the association’s sales report. “Inclement weather between Christmas and New Years cut back on showroom traffic at a time that is considered one of the strongest selling weeks of the year. However, any time you end the year in positive territory, it’s good news.”

For new vehicles alone in the Valley, sales ended the year on a low note as 2,270 cars were registered in December, down from 2,500 last year. Looking at the full year, new-car sales rose 11.9% to 33,925.

Sweeney Chevrolet, Boardman, led local dealers with 211 new cars sold in December, five more than a year before. Following were Greenwood Chevrolet, Austintown, with 159; Boardman Subaru, Boardman, with 120; Stadium GM, Salem, 107; and Sweeney Buick GMC, Boardman, with 91.

Sweeney Chevy was the top-selling dealer in 2017 with 2,552 new cars sold. Only two other dealers crossed the 2,000-car threshold, with Greenwood delivering 2,397 and Stadium selling 2,029.

Used-car sales totaled 1,665, a slight fall from last year’s 1,701. Full-year sales were up 6.1% to 23,761.

Published by The Business Journal, Youngstown, Ohio.