Retail  April 26, 2022

New-vehicle sales in Colorado decline in Q1

DENVER — New-vehicle sales in Colorado were down 10% during the first quarter of 2022 compared with the same period of 2021. While down, sales were still better than nationwide, which experienced a 14.9% decline during the quarter.

Sales numbers came from the Colorado Automobile Dealers Association, which reported that light-truck sales, including sport utility vehicles, which tend to dominate the Colorado vehicle marketplace at 86.3% of the market, were down 10% in the quarter. A total of 46,697 light trucks were sold, versus 55,213 for the same period last year.

Likewise, new cars were down 10.3%.

Regionally, Northern Colorado saw a decline…

Related Posts

Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
Sign up for BizWest Daily Alerts
Closing in 8 seconds...