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Colorado State Facts

Autos Drive Colorado Forward

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Economic Insights

See Auto Industry Impacts at the National, State, and Congressional District levels.

Industry Impact

134K
134 Thousand total auto jobs in Colorado
3.13%
3.13% depend on the auto industry for jobs
$16.62B
$16.62 Billion gross state product
3.20%
3.20% state GDP
$9.86B
Total Labor Income Annually
$11.65B
Total Car Sales in 2024
285.4K
Total New Cars Sold in 2024
Industry Impact and Tax Revenue: Multi-industry contribution analysis of the economic impact of automotive manufacturing, selling, repairing, renting, and additional maintenance modeled using IMPLAN economic analysis data software, 2023 data year; compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility, sales figures represent new vehicle registrations between January 1, 2024 - December 31, 2024. New vehicle sales revenue derived from NADA Data.

Tax Revenue

$914.56M
in state tax revenue
5.00%
% of state tax revenue
$337.93M
new vehicle sales taxes
$197.69M
used vehicle sales taxes
$81.55M
sales tax on auto parts and services
$1.22B
vehicle use taxes (including gas taxes), licenses and fees
$68.74M
corporate profits tax
$946.49M
federal income taxes

Registrations

5.54M
Registered

By Body Style

  • Cars 1,359,595 (24.60%)
  • UVs 2,553,712 (46.10%)
  • Pickups 1,245,620 (22.50%)
  • Vans/Minivans 235,592 (4.30%)

By Powertrain

  • ICE / Hybrid 5,366,186 (96.90%)
  • Electric 123,881 (2.20%)
  • Plug-In Hybrid 47,582 (0.90%)
  • Fuel Cell 9 (0.00%)
The Colorado average age of vehicles is 13.1 years; The national average is 12.2.
Registration figures compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility as of December 31, 2024; new purchase figures compiled by Alliance for Automotive Innovation with data provided by S&P Global Mobility representing new vehicle registrations between January 1, 2024 - December 31, 2024.

New Purchases

285.4K
Vehicles Sold

By Body Style

  • Cars 39,468 (13.80%)
  • UVs 182,595 (64.00%)
  • Pickups 53,182 (18.60%)
  • Vans/Minivans 10,105 (3.50%)

By Powertrain

  • ICE / Hybrid 221,616 (77.70%)
  • Electric 47,378 (16.60%)
  • Plug-In Hybrid 16,369 (5.70%)

Auto-related Activity at Ports

Economic Activity From Past Decade

  • 9.5M 9.5 Million Total Exports
  • 42.38M 42.38 Million Total Imports

Economic Activity from 2024

  • 984.3K 984.3 Thousand Total Exports
  • 6.2M 6.2 Million Total Imports

Top Export Countries

  • Germany Germany
  • South Africa South Africa
  • Austria Austria
Compiled by Powerbase Associates with data provided by USA Trade Online, figures represent port activity over the past decade and between January 1, 2024 - December 31, 2024.

Fueling

  • Gasoline Stations 2,204
  • EV Level 2 Charging Ports 4,473
  • EV Level 2 Charging Stations 1,931
  • EV DC Fast Charging Ports 1,104
  • EV DC Fast Charging Stations 411
Compiled by Alliance for Automotive Innovation with data provided by U.S. Department of Energy’s Alternative Fuels Data Center, figures represent fueling data as of January 1, 2025.
Consumers
$92.9K
Median Household Income
65.70%
Owner Occupied Housing
34.30%
Rental Occupied Housing
86.80%
Owner Occupied Single Family Homes

Commuting to Work

  • Drive Alone to Work (66.00%)
  • Carpool to Work (7.90%)
  • Take Public Transportation (1.60%)
  • Work From Home (19.87%)
  • Other (4.60%)

Housing Type

  • Single Family Home (61.00%)
  • 1-Unit (7.70%)
  • 2-4 Units (4.70%)
  • 5-9 Units (4.60%)
  • 10-19 Units (5.70%)
  • 20+ Units (13.00%)
  • Mobile / RV / Boat (3.30%)
Figures compiled by Alliance for Automotive Innovation with data provided U.S. Census Bureau’s American Community Survey 2023.

Automaker’s Facilities

Ford Motor Company Location Employees
Ford Credit Colorado Springs Business Center Colorado Springs, CO 381
Denver High Velocity Center VC Denver, CO 29
Denver Regional Office Greenwood Village, CO 20
General Motors Location Employees
Customer Care & Aftersales - Parts Distribution Center - Denver Aurora, CO 73
GM Financial -- Denver Branch Office Greenwood Village, CO 1
Honda Location Employees
Denver Test Lab Denver, CO
American Honda Motor Co., Inc. Zone Office Englewood, CO
American Honda Education Corp Estes Park, CO
Stellantis Location Employees
Denver Parts Distribution Center Denver, CO 50
Subaru of America Location Employees
RDC - Denver Aurora, CO 17
Subaru Service Training Center - Denver Aurora, CO 2
Western Region Glendale, CO 21
Western Region - Zone 1 Denver (DEN) Glendale, CO 15