Auto sales in state decline in 2022; EV interest up

New-vehicle sales in Colorado during 2022 declined 13.3% over 2021, but the decline was not as steep as the nationwide decline of 14.8%.

The Colorado Automobile Dealers Association, which tracks vehicle sales statewide, noted in its final report of last year that market share for electric and hybrid vehicles increased in the fourth quarter, with hybrid vehicles market share increasing to 7.2% of sales in the quarter, an 8% improvement year-over-year.

Battery-electric-vehicle market share reached 8.1% in the quarter, a nearly 50% improvement, CADA said.

Plug-in-hybrid vehicle sales were up 2.4% in the fourth…