Remove 2008 Remove Fleet Remove Light Remove Sale
article thumbnail

S&P Global Mobility: average age of light vehicles in US hits record high 12.5 years

Green Car Congress

With more than 284 million vehicles in operation (VIO) on US roads, the average age of cars and light trucks in the US has risen again this year to a new record of 12.5 The growth is in line with the firm's prediction from last year that constrained new vehicle sales would continue to impact and put upward pressure on the average age.

Light 273
article thumbnail

Study finds 2008 recession contributed to increase in age of US LDV fleet, slowing of emission reductions

Green Car Congress

The global economic recession of 2008—which severely depressed light-duty vehicle sales—resulted in an increase in the age of the light-duty vehicle fleet in the US that likely slowed the rate of decrease of fleet average emissions, according to a study by Gary Bishop and Donald Stedman at the University of Denver.

2008 246
article thumbnail

Junkyard Find: 2008 Mercury Sable, Press Loaner Flashback Edition

The Truth About Cars

The very first press car I ever received was a red 2008 Mercury Sable , so let's take a look at the same kind of car at the end of its 16-year career. Sale numbers for those Sables were pretty good until into the 1990s, with better than 100,000 units sold in most years through 1995. The Freestyle became the Taurus X.

Mercury 59
article thumbnail

IHS Markit: average age of cars and light trucks in US rises again in 2019 to 11.8 years

Green Car Congress

The average age of light vehicles in operation (VIO) in the US has risen again this year to 11.8 From 2002-2007, the average age of light vehicles in the US increased by 3.5%. From 2008-2013, however, the increase was 12.2%. The increasing VIO fleet is providing a robust new business pipeline for the aftermarket.

Light 268
article thumbnail

IHS Markit: average age of light cars and trucks in US rises again in 2016 to 11.6 years; record number in operation

Green Car Congress

The average age of light vehicles in operation (VIO) in the US has once again climbed slightly this year, to 11.6 Registrations for light VIO, including cars and light trucks (SUVs/CUVs as well) in the US also reached a record level of more than 264 million—an increase of more than 6.2 million (2.4%) since last year.

Light 150
article thumbnail

Forecast: Cumulative Hybrid and Plug-in Hybrid Fleet Sales to Reach Nearly 4 Million Units By 2015

Green Car Congress

Cumulative sales of hybrid vehicles in the fleet sector will total nearly 4 million worldwide between 2009 and 2015, according to a recent report from Pike Research. Early adopters will include government, university, and utility company fleets. For example, in North America nearly 10% of buses sold in 2015 will be hybrids.

2015 225
article thumbnail

IHS Markit: global auto sales to drop 22% this year

Green Car Congress

IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 IHS Markit forecasts a similar decline for global light vehicle production, falling to 69.3 million units.

Global 150