Economy & Economic Development  January 19, 2022

Last year’s new vehicle sales in state rise 10% over year prior

DENVER — Car dealers sold 10% more new vehicles in 2021 than they did in 2020, which exceeded the national 5.1% increase for the same time period.

The Colorado Automobile Dealership Association, which tracks sales of new and used vehicles, provided its year-end report this week. As has long been the case, sales of light trucks, SUVs, pickups and vans account for most vehicles sold — 85.5% of the total vehicle market in the state during the past year, the association reported. While the light truck market has dominated sales for many years, as recently as 2008 that share was 58%.

Sales…

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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.
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