Industry reports and alternative sources paint a picture of resilient demand, tempered by policy-driven fluctuations in EVs and fleet purchases.
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Despite a rise in overall number of service visits, U.S. dealerships are losing customers to the independent aftermarket at a steady rate.
Consumers are now paying around $1,300 more for the average used vehicle as the price gap between new and used becomes unusually narrow.
Nearly 1 in 3 cars sold in the state were electric vehicles from July 1 to Sept. 30, 2025; Colorado has surpassed 210,000 EV registrations.
Toyota reigned again this quarter as the top-selling brand, capturing 17.4 percent of the state’s market share compared to Tesla’s 9.8 percent.
Similar to the 2007-09 economic downturn, automakers are turning their attention to the aftermarket with renewed interest in today's economic uncertainty.
Close to one-third of U.S. automakers expect parts and service to contribute no less than half of their entire revenue within the next five years.
