Economic Insights

See Auto Industry Impacts at the National, State, and Congressional District levels.

Every State is an Auto State

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State Facts

Autos Drive Colorado Forward

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90,138
90,138 Total Auto Jobs in Colorado
2.36%
2.36% is dependent on the Auto Industry for Jobs.
$5.41B
Total Labor Income Annually
$9.08B
Total Car Sales in 2018
270.7K
Total New Car Sold in 2018

Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2018 data year; compiled by Auto Alliance with data provided by IHS Markit, sales figures represent new vehicle registrations between January 1, 2018 - December 31, 2018.

Tax Revenue

$476.3M
Total State Tax revenue
3.2%
Percent of State Tax Revenue
$279.1M
New Vehicle Sales Taxes
$158.3M
Used Vehicle Sales Taxes
$61.9M
Sales Tax on Auto Parts and Services
$1.31B
Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
$6.3M
Corporate Profits Tax
$71.3M
State Income Taxes

Registrations

5,309,996

Registered

By Body Style

  • Cars 1,937,052 (36.48%)
  • CUVs 1,150,247 (21.66%)
  • SUVs 833,066 (15.69%)
  • Pickups 1,128,750 (21.26%)
  • Vans/Minivans 260,881 (4.91%)

By Powertrain

  • Gas 4,960,899 (93.43%)
  • Diesel 242,469 (4.57%)
  • Hybrid 87,205 (1.64%)
  • Electric 11,745 (0.22%)
  • Plug-In Hybrid 7,678 (0.14%)

The Colorado average age of vehicles is 12.78 years.

Figures compiled by Alliance for Automotive Innovation with data provided by IHS Markit as of December 31, 2018.

New Purchases

270,687

Vehicles Sold

By Body Style

  • Cars 63,121 (23.32%)
  • CUVs 109,593 (40.49%)
  • SUVs 34,058 (12.58%)
  • Pickups 52,219 (19.29%)
  • Vans/Minivans 11,696 (4.32%)

By Powertrain

  • Gas 245,721 (90.78%)
  • Diesel 12,211 (4.51%)
  • Hybrid 5,704 (2.11%)
  • Electric 4,929 (1.82%)
  • Plug-In Hybrid 2,122 (0.78%)

Economic Activity From Past Decade

  • 16.6M 16.6 Million Total Imports
  • 23.4M 23.4 Million Total Imports

Economic Activity from 2018

  • 623.2K 623.2 Thousand Total Imports
  • 4.1M 4.1 Million Total Imports
Compiled by Alliance for Automotive Innovation with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2018 - December 31, 2018.