DENVER BUSINESS JOURNAL - Registrations of new cars and trucks in Colorado rose 3 percent in January from the same month in 2013, an improvement over December's 2 percent year-over-year decline, the Colorado Automobile Dealers Association reports.
Still, January's increase was well under 2013's overall 11.2 sales gain from 2012 levels, suggesting that sales growth has slowed over the winter, with CADA's chief Tim Jackson blaming cold weather in part.
CADA said 11,702 new cars and trucks were registered last month, up from 11,364 in Janury 2013.
The Denver-based association's report tracks vehicle registrations, which tend to run about two months behind actual sales.
Colorado new-vehicle registrations in January were led by Toyota/Scion, with 1,542 vehicles registered, followed by Ford (1,498) and Subaru (1,140).
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