S&P Global Mobility: average age of light vehicles in US hits record high 12.5 years
Green Car Congress
MAY 16, 2023
years, up by more than three months over 2022, according to the latest analysis from S&P Global Mobility. It also reflects the highest yearly increase since the 2008-2009 recession, which caused acceleration in average age beyond its traditional rate due to the sharp decline in new-vehicle sales demand. million units to 13.9
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