New-vehicle sales in Valley down from 2011
The sale of new vehicles in the Mahoning Valley continues to lag behind the pace set in 2011.
There were 1,924 new vehicles sold in Mahoning, Trumbull and Columbiana counties in September, according to the Automobile Dealers Association of Eastern Ohio Inc. This is 176 fewer than the 2,100 that were sold by area dealerships last September.
For the year, new- vehicle sales are down by 1,153 from 19,361 through the end of September 2011 to 18,438 through the same time in 2012.
The incentives available for new vehicles continue to decline, according to information from TrueCar.com, an automotive- information website.
It’s unknown if fewer incentives are hurting local sales, but it is considered a positive for vehicle sales nationwide.
In prior months, total car sales at Valley dealerships had been up slightly for the year based on a higher number of used- vehicle sales, according to ADAEO figures. Last month, new- and used- vehicle sales were down by 454, dipping from 5,523 in September 2011 to 5,069 this year.
This negative total dropped the sales of new and used vehicles behind last year’s pace by 352 sales. There have been 50,204 vehicles sold in the Valley through September, down from 50,556 last year.