Banking & Finance

Valley Car Sales End 2018 on High Note, But Down for Year

YOUNGSTOWN, Ohio ­– Car sales in the Mahoning Valley ended 2018 on a high note, though full-year sales were down from the year before, according to the latest report from the Greater Cleveland Automobile Dealers.

In Mahoning, Trumbull and Columbiana counties, 3,999 new and used cars were sold in December, the group said, 19 more than December 2017. New-car sales in the area totaled 2,494 last month, up 250 from the year prior, while sales of used vehicles saw a drop to 1,457, down 200 from a year ago.

For all of 2018, both new- and used-car sales lagged behind figures from the previous year. Used models ended the year at 22,992 sold, just seven units short of the total sold in 2017. The auto dealers’ association reported 31,069 new vehicles sold in the three counties in 2018, a 4% decline from 2017.

Sweeney Chevrolet, Boardman, was the top seller of new cars in December and for all of 2017, with 215 sold last month, bringing the full-year total to 2,282, down from 2,552 in 2017.

Among December sales, Greenwood Chevrolet of Austintown ranked second with 164 delivered to buyers, up from 159 in December 2017. Rounding out the top five were Stadium GM Superstore, Salem, with 135 sold, up from 107 the year before; Sweeney Buick GMC, 126 sold, up from 91; and Boardman Subaru, Boardman, with 121 sold, one more than the year before.

Greenwood Chevy was the top used-car seller last month, with 93 sold, up one from December 2017. Boardman Subaru and Taylor Kia of Boardman tied for second with 66 sold.

Among all dealerships in the Greater Cleveland Automobile Dealers Association’s 22-county area, two Valley dealerships – Sweeney and Greenwood Chevrolet – tied for the most combined sales, with 267 vehicles sold in December. The two were also among the four members that surpassed 3,000 models sold in all of 2018; Greenwood with 3,447 and Sweeney with 3,134.

Across all of the members, combined new and used sales in 2018 were off less than half a percent from the year before as 73,308 were sold, 323 fewer than in 2017.

Published by The Business Journal, Youngstown, Ohio.