Industry Impact
- 114,714 114,714 Total Auto Jobs in State
- 3.1% 3.1% of State Workforce
- $6.73B $6.73 Billion Labor Income
- $9.08B $9.08 Billion in Total 2018 Car Sales
- 270,687 270,687 Total New Car Sales
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2017 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
- $617.05M $617.05 Million in Total State Tax Revenue
- 5% 5% of State Tax Revenue
- $279M $279 Million in New Vehicle Sales Taxes
- $150M $150 Million in Used Vehicle Sales Taxes
- $58M $58 Million in Sales Taxes on Auto Parts and Services
- $1.23B $1.23 Billion in Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
- $13M $13 Million in Corporate Profits Tax
- $138M $138 Million Income Taxes from Payments for Automakers, Suppliers and Dealers
Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2017 data year.
Registrations
5,309,996 Registered Vehicles
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%)
In Colorado, the average age of vehicles is 12.8 years.
The national average age of vehicles is 11.6 years.
Figures compiled by Auto Alliance 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%)
Figures compiled by Auto Alliance with data provided by IHS Markit as of December 31, 2018.
Auto-Related Activity at Ports
Economic Activity From Past Decade
- $23.37 Million Total Imports
- $16.65 Million Total Exports
Economic Activity From 2018
- $4.12 Million Total Imports
- $623,225 Total Exports
Compiled by Auto Alliance with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2018 - December 31, 2018.
Fueling
- Gasoline Stations 2,363
- 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
Compiled by Auto Alliance with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling stations as of April 9, 2019.
Colorado Consumers
- $33,531 $33,531 Average MSRP Per New Car
National Average $31,696 - $69,117 $69,117 Median Household Income
National Average $56,516 - $5,760 $5,760 Median Monthly Household Income
National Average $4,710 - $511 $511 Median Monthly New Car Payment
National Average $576 - 9% 9% Monthly Car Payment as a Percent of Monthly Income
National Average 12%
Commuting to Work
- Drive alone to work (75%)
- Carpool to work (9%)
- Take public transportation (3%)
- Other (13%)
Figures compiled by Auto Alliance with data provided by IHS Markit, U.S. Census Bureau's American Community Survey 2017 and Federal Reserve Bank of St. Louis. Median Monthly New Car Payment computed for a 60-month loan based on MSRP with 20% down and an APR of 5.36%.
Automaker Facilities In Colorado
FCA US LLC | Location | Employees |
|---|---|---|
| Denver Parts Distribution Center | Denver | 49 |
| Denver Business Center | Greenwood Village | 68 |
Ford Motor Company | Location | Employees |
| Ford Credit Colorado Springs Business Center | Colorado Springs | 404 |
| Denver High Velocity Center VC | Denver | 29 |
| Denver Regional Office | Greenwood Village | 20 |
General Motors | Location | Employees |
| Customer Care & Aftersales - Denver | Aurora | 52 |
| GM Financial Branch Office - Denver | Denver | 49 |
Mercedes-Benz/Daimler | Location | Employees |
| car2go | Denver | 2 |
Toyota | Location | Employees |
| Toyota Motor Credit Corporation | Centennial | 13 |
| Toyota Motor Sales U.S.A., Inc. Parts Distribution Center | Englewood | 69 |
| Toyota Motor Sales U.S.A., Inc. Regional Office | Englewood | 5 |
Volkswagen Group Of America | Location | Employees |
| Audi Test Lab | Golden | 18 |
