Tag: Colorado Automobile Dealers Association
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With robust rebates, Colorado surges ahead of national pack on electric vehicle sales
New data show that Colorado is slightly ahead of the national average in adopting electric vehicles, which car experts attribute to robust rebates in the state. Plug-in hybrids and pure electric vehicles make up 17.01% of the new vehicle market in the third quarter of 2023, according to Matthew Groves, CEO of the Colorado Automobile…
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Tim Jackson, longtime head of Colorado Auto Dealers Association, moves on
When Tim Jackson stepped down as the head of the Colorado Automobile Dealers Association last month, the automotive world took notice. Not just in Colorado. It was news nationally in both the Automotive News and the National Automobile Dealers Association. Jackson has become somewhat of a public figure in that role, as he’s often quoted…
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Colorado spends $550,000 in campaign to promote electric vehicle sales
A Colorado state agency spent more than half a million dollars to tout the benefits of electric vehicles in an educational campaign that promotes the EV industry. The campaign, which the state launched Monday, seeks to inform Coloradans about how, among other things, “seamlessly EVs can fit into your life and find answers to all…
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Colorado vehicle registrations decline, with a common theme to blame
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Low inventories of new vehicles triggered a 10% decline in new vehicle registrations in Colorado in the first quarter and are expected to play an even bigger role in the second quarter, a dealer trade group said. The 57,618 new vehicles registered in the first quarter were down more than 6,000 vehicles from the more…
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Colorado vehicle registrations decline in 2020
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save New vehicle registrations last year in Colorado were down 12.5% from 2019 amid the coronavirus pandemic, a car industry trade group reported this week — a drop far less than the 50% plunge between 2007 and 2009 during the Great Recession. The state’s 260 new…
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Colorado car market begins slow recovery with 5% November registration increase
Amid a yearlong decline for the Colorado car industry, data released Thursday by the Colorado Automobile Dealers Association provides the first hint of market recovery. Colorado’s new vehicle registrations increased by 5.1% in November compared to November 2019. In the same period, light truck registrations increased by 11% and passenger car registrations decreased by 18%.…
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Colorado’s new car registrations down by nearly 35%
Colorado’s new vehicle market took a major hit this year in light of COVID-19 economic impacts, the Colorado Automobile Dealers Association’s analysis concluded Wednesday. In the first 10 months of 2020, Colorado’s new car registrations fell 34.8% and light truck registrations fell 9.4% compared to this time last year. That makes for a total decline…
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Supply shortages keep new vehicle registrations flat in September
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado auto dealers are finding they can’t sell what they don’t have — inventory shortages are holding down sales and that isn’t likely to change until almost year’s end. The number of new vehicles registered…