DENVER BUSINESS JOURNAL - SUVs and pickups continue to drive gains in registrations of new vehicles in Colorado, while car registrations have softened, a new report says.
Colorado drivers registered 8.9 percent more new light trucks — a category that includes SUVs and minivans — in the August-through-October 2017 period than in the same three months of 2016, and 10.2 percent more through the first 10 months of this year than the same period last year, according to the latest monthly report from Auto Outlook Inc., released Monday by the Colorado Automobile Dealers Association.
But registrations of new cars in Colorado were down 2.9 percent year over year for the August-October period, and edged down 0.4 percent for the January-October period, the report says.
Overall, registrations of new vehicles of all types were up 3.8 percent in October from a year earlier, up 5.3 percent for August through October and up 7 percent for the January-October period.
Read more at the Denver Business Journal: http://bit.ly/2j1cS9t
Copyright 2017 Denver Business Journal