NEW CAR, TRUCK SALES RE­VIVE AF­TER SUM­MER SLUMP

The Denver Post - - BUSINESS - By Em­i­lie Rusch

New car and truck reg­is­tra­tions in Colorado bounced back in Oc­to­ber, buck­ing the down­ward trend of re­cent months and pulling yearto-date fig­ures just barely into pos­i­tive ter­ri­tory, ac­cord­ing to a re­port Mon­day from the Colorado Au­to­mo­bile Deal­ers As­so­ci­a­tion.

Colorado re­ported 23,003 new car and light truck reg­is­tra­tions in Oc­to­ber, up 26.1 per­cent from the same month last year, ac­cord­ing to Ex­pe­rian Au­to­mo­tive data.

Through the first 10 months of the year, the state had 167,332 newve­hi­cle reg­is­tra­tions, ver­sus 166,627 in 2015, an in­crease of 0.4 per­cent.

“While U.S. car in­dus­try sales con­tin­ued to slide down­ward, Colorado’s con­sumers hit the ac­cel­er­a­tor for new car and truck reg­is­tra­tions in Oc­to­ber, re­vers­ing sev­eral months of neg­a­tive new ve­hi­cle reg­is­tra­tions,” CADA pres­i­dent Tim Jack­son said in a state­ment.

Used-ve­hi­cle reg­is­tra­tions also re­bounded af­ter a slow Septem­ber, up 35.9 per­cent in Oc­to­ber year over year to 23,503. Year to date, used car and truck reg­is­tra­tions were up 8.5 per­cent to 174,071. The re­port only counts used ve­hi­cles seven years old or newer.

Volvo, Mit­subishi and Fiat all are up at least 29.6 per­cent year to date. Chrysler, Dodge and Kia have seen the big­gest de­creases, down at least 14.1 per­cent so far this year.

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