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

By Powertrain

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

By Powertrain

$23.4M
$23.4 Million Total Imports
$16.6M
$16.6 Million Total Exports
$4.1M
$4.1 Million Total Imports
$623.2K
$623.2 Thousand Total Exports
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.
Gasoline Stations 2363
Electric Charging Stations 694
Biodiesel Stations 6
Compressed Natural Gas Stations 22
Hydrogen Stations 0
Liquefied Natural Gas Stations 0
Liquefied Petroleum Gas Stations 53

$33,531

$33,531 Average MSRP Per New Car

$69,117

$69,117 Median Household Income

$5,760

$5,760 Median Monthly Household Income

$511

$511 Median Monthly New Car Payment

8.87%

8.87% Monthly Car Payment As A Percent Of Monthly Income (%)

Commuting to Work

Automakers' Facilities

Ford Motor Company

Location Employees
Ford Credit Colorado Springs Business Center Colorado Springs 381
Denver High Velocity Center VC Denver 29
Denver Regional Office Greenwood Village 20

General Motors

Location Employees
Customer Care & Aftersales - Parts Distribution Center - Denver Aurora 73
GM Financial -- Denver Branch Office Greenwood Village 1

Honda

Location Employees
Honda R&D Americas, LLC Denver 3
Honda Zone Office Englewood 37

Stellantis

Location Employees
Denver Business Center Greenwood Village 73
Denver Parts Distribution Center Denver 77

Subaru of America

Location Employees
RDC - Denver Aurora 13
Subaru Service Training Center - Denver Aurora 2
Western Region Glendale 24
Western Region - Zone 1 Denver (DEN) Glendale 14