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Business Briefs-April 19

Published: April 19, 2017 1:00 AM

Radcliff relocates

Laura Radcliff of the financial services firm Edward Jones has relocated to a new office at 33 N. Chillicothe Road, Suite 33. The move took place April 13. She has been a financial adviser since 2009.

"We are excited about our new location, and we are eager for our clients to visit us," she said. The phone number is 330-995-5126.

 

Vehicle sales rise;

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Chevy, Ford lead

New vehicle sales across Northern Ohio rose 6.57 percent in March when compared to the month a year earlier, bucking a national trend that saw many major brands off by as much as 7 percent.

Northern Ohio franchised new vehicle dealers sold 23,535 new vehicles in March 2017 compared with 22,085 last year.

For the year to date, new vehicle sales in Northern Ohio are up 6.49 percent, well above the national average.

"We continue to see growth over the previous year; however, our 2017 forecast anticipates a slowing down of sales by year end," said Louis A. Vitantonio, president of the Greater Cleveland Automobile Dealers' Association. "Trucks and SUVs continue to support struggling car sales as fuel costs remain low."

Sales of trucks and SUVs continued on a blistering sales pace across Northern Ohio, with dealers selling 11,088 new trucks and SUVs in March 2017 compared to 8,118 in March of last year.

For the year to date, new truck and SUV sales are up 40 percent.

Meanwhile, sales of cars declined, with franchised new vehicle dealers selling 12,447 units in March of this year compared to 13,967 over the same period a year prior, a decrease of 10.88 percent.

Ford's sales grew a modest 1.49 percent with a volume of 3,683. It was not enough to keep pace with Chevrolet, which sold 3,806 new vehicles, making the latter Northern Ohio's best-selling brand for the third straight month.

Honda outdistanced Toyota for third at 1,982 new vehicles to 1,794.


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