Latest news with #GCADA
Yahoo
03-04-2025
- Automotive
- Yahoo
New car and truck sales jump in NE Ohio. See which brands remain hot sellers
New vehicle sales are on the rise in northern Ohio. New vehicle sales rose 7.75% in March compared the prior year, according to the Greater Cleveland Automobile Dealers' Association (GCADA). The region totaled 19,697 new vehicle sales last month, up from 18,280 in March 2024. "Coming out of the Cleveland Auto Show in early March helped kickstart the spring selling season,' Louis A. Vitantonio, president of the GCADA, said in a prepared statement. 'Consumer traffic remained strong throughout the month as shoppers looked to buy vehicles prior to the tariffs being applied.' New car, truck and SUV sales have surpassed 54,000 in 2025 so far. 'Preowned vehicle sales continue to struggle, as inventory is difficult to come by and interest rates raise concerns for customers," Vintantonio said in the statement. "We are cautiously optimistic that overall sales will continue to outpace 2024.' Retail sales figures are based on vehicle registration reports from the Ohio Bureau of Motor Vehicles. Vehicle sales data includes all dealers in 21 counties: Ashland, Ashtabula, Carroll, Columbiana, Coshocton, Cuyahoga, Erie, Geauga, Holmes, Huron, Lake, Lorain, Mahoning, Medina, Portage, Richland, Stark, Summit, Trumbull, Tuscarawas and Wayne. Chevrolet remains the best-selling brand for northern Ohio, with 2,954 cars sold. Ford is closely behind at 2,377. Here's a look at the top ten most popular car brands in March: Chevrolet: 2,954 Ford: 2,377 Honda: 1,830 Kia: 1,647 Toyota: 1,451 Subaru: 1,188 Hyundai: 1,034 Jeep: 962 Buick: 746 GMC: 710 The number was 17,551 vehicles sold last month in northern Ohio, down by 7.82% compared to March of last year. Year-over-year, used car sales are down by 8.61%. This article originally appeared on The Repository: New car sales in Northern Ohio increased in March, up nearly 8%
Yahoo
06-03-2025
- Automotive
- Yahoo
Automaker tariffs adjusted: What it means for Northeast Ohio
CLEVELAND (WJW) – The Greater Cleveland Automobile Dealers' Association reacted to President Donald Trump's one-month exemption for U.S. automakers in the midst of his new tariffs on imports from Mexico and Canada. 'Dealerships can't do much at this point because the cars on the ground are already built, but the future is a concern because of the cost of the vehicle,' said Lou Vitantonio, president of the association. City of Euclid condemns 26 buildings in apartment complex GCADA represents 285 dealerships in 23 counties in northern Ohio 'Any way you cut this up, there will be increased costs of the vehicle or the manufacturers will have to try and find a way to not pass that cost on,' said Vitantonio. The lifeline comes after Trump spoke with leaders of the 'Big Three' automakers — Ford, General Motors and Stellantis — on Wednesday. So, how much could prices go up? Video: Owners surrender hundreds of roosters, chickens allegedly used for cockfighting Vitantonio said it would vary by automaker, depending on their exposure to Canada and Mexico manufacturing. 'We have 30 days. It's for manufacturers to comply with that Mexico-Canadian agreement Trump put in place a number of years ago. This pause means an opportunity for talks, 'said Vitantonio. According to the association, over 100,000 people in northern Ohio are employed by the auto industry and would be directly affected by the change. In the meantime, Vitantonio said now is the time to buy to avoid a potential massive tax on vehicles. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
