Industry Impact
- 69,062 69,062 Total Auto Jobs in State
- 2.5% 2.5% of State Workforce
- 26,296 26,296 Total Auto-Related Employers
- $9.90B $9.90 Billion in Total 2017 Car Sales
- 287,439 287,439 Total New Car Sales
Center For Automotive Research, "Contribution of the Automotive Industry," published January 2015; Employer figures compiled by Auto Alliance with data provided by Dun & Bradstreet; Compiled by Auto Alliance with data provided by IHS Markit, sales figures represent new vehicle registrations between January 1, 2017 - December 31, 2017.
Tax Revenue
- $1.56B $1.56 Billion in Total State Tax Revenue
- 14% 14% of State Tax Revenue
- $225M $225 Million in New Vehicle Sales Taxes
- $123M $123 Million in Used Vehicle Sales Taxes
- $46M $46 Million in Sales Taxes on Auto Parts and Services
- $1.12B $1.12 Billion in Vehicle Use Taxes (Including Gas Taxes), Licenses and Fees
- $14M $14 Million in Auto Dealer Business Taxes and Estimated Dealer Title Fees
- $36M $36 Million Income Taxes from Payments for Automakers, Suppliers and Dealers
Center For Automotive Research, “Assessment of Tax Revenue,” published January 2015
Registrations
5,032,828 Registered Vehicles
By Body Style
- Cars 1,896,208 (37.68%)
- SUVs/CUVs 1,717,715 (34.13%)
- Pickups 1,015,600 (20.18%)
- Vans/Minivans 270,249 (5.21%)
By Powertrain
- Gas 4,699,702 (93.38%)
- Diesel 231,916 (4.61%)
- Hybrid 80,410 (1.60%)
- Electric 7,220 (0.14%)
- Plug-In Hybrid 5,337 (0.11%)
In Colorado, the average age of vehicles is 12.2 years.
The national average age of vehicles is 11.2 years.
Figures compiled by Auto Alliance with data provided by Hedges & Co as of December 31, 2017.
New Purchases
287,439 Vehicles Sold
By Body Style
- Cars 73,617 (25.61%)
- SUVs/CUVs 144,388 (50.23%)
- Pickups 53,329 (18.55%)
- Vans/Minivans 11,833 (4.12%)
By Powertrain
- Gas 264,318 (91.96%)
- Diesel 12,981 (4.52%)
- Hybrid 5,969 (2.08%)
- Electric 2,668 (0.93%)
- Plug-In Hybrid 1,501 (0.52%)
Figures compiled by Auto Alliance with data provided by IHS Markit as of December 31, 2017.
Auto-Related Activity at Ports
Economic Activity From Past Decade
- $33.65 Million Total Imports
- $17.19 Million Total Exports
Economic Activity From 2017
- $2.60 Million Total Imports
- $717,728 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, 2017 - December 31, 2017.
Fueling
- Gasoline Stations 2,363
- Electric Charging Stations 571
- Biodiesel Stations 6
- Compressed Natural Gas Stations 23
- Hydrogen Stations 0
- Liquefied Natural Gas Stations 0
- Liquefied Petroleum Gas Stations 51
Compiled by Auto Alliance with data provided by U.S. Department of Energy's Alternative Fuels Data Center, figures represent fueling stations as of May 9, 2018.
Colorado Consumers
-
$34,445
$34,445 Average MSRP Per New Car
National Average $31,696 -
$65,685
$65,685 Median Household Income
National Average $56,516 -
$5,474
$5,474 Median Monthly Household Income
National Average $4,710 -
$630
$630 Median Monthly New Car Payment
National Average $576 -
12%
12% 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 2016 and Federal Reserve Bank of St. Louis. Median Monthly New Car Payment computed for a 48-month loan based on MSRP with 20% down and an APR of 4.61 %.
Colorado Automaker Facilities
316
Facilities
5,201
Employees
Compiled From Company Reports
Industry-Related Businesses
| Business | Facilities | Employees |
|---|---|---|
| Motor Vehicles and Equipment | 316 | 5,201 |
| Suppliers, Parts and Tires | 1,905 | 13,628 |
| Motor Vehicle Dealers (New and Used) | 1,737 | 29,527 |
| Motor Vehicle Dealers (Used Only) | 1,597 | 5,921 |
| Auto Supply Stores | 2,037 | 12,078 |
| Gas Stations | 2,363 | 14,608 |
| Dealers (Special) | 711 | 2,103 |
| Property and Casualty Insurance | 44 | 579 |
| Car and Truck Rentals | 1,406 | 9,589 |
| Parking | 162 | 1,969 |
| Automotive Repair Shops | 10,970 | 36,582 |
| Carwashes And Other Service | 3,048 | 12,457 |
Facility and employee figures compiled by Auto Alliance with data provided by Dun & Bradstreet.
Automaker Facilities In Colorado
FCA US LLC |
Location | Employees |
|---|---|---|
| Denver Parts Distribution Center | Denver | 53 |
| Denver Business Center | Greenwood Village | 69 |
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 - Parts Distro - Denver | Aurora | 73 |
| Maven Denver | Denver | 1 |
| GM Financial -- Denver Branch Office | Greenwood Village | 45 |
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 of America Test Lab | Golden | 20 |