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

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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%. Light vehicles in operation in the US have now reached a record level of more than 278 million according to the analysis—an increase of more than 5.9

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IHS: average age of light vehicles in US rises slightly in 2015 to 11.5 years; length of new vehicle ownership hits record high

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The combined average age of all light vehicles on the road in the US has climbed slightly to 11.5 Registrations for light VIO in the US also reached a record level of 257,900,000—an increase of more than 5.3 Registrations for light VIO in the US also reached a record level of 257,900,000—an increase of more than 5.3

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

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The average age of light vehicles in operation (VIO) in the US has once again climbed slightly this year, to 11.6 years, according to IHS Markit, a provider of business information and analysis for the global automotive industry. million (2.4%) since last year. million (2.4%) since last year. growth set in 2015.

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Auto Alliance urges EPA to withdraw premature Final Determination on light-duty GHG regulations, resume Midterm Evaluation process with NHTSA

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The Auto Alliance has sent a letter to EPA Administrator Scott Pruitt requesting that the US Environmental Protection Agency withdraw the Final Determination on the Appropriateness of the Model Year 2022-2025 Light-Duty Vehicle Greenhouse Gas Emissions Standards under the Midterm Evaluation which EPA announced on 13 January 2017.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

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over 2014, continuing an unbroken five-year run of sales recovery and growth from the low point set in the depth of the Great Recession in 2009. in 2014 as a result of industrial overcapacity and weakness in the real estate sector. However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2

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IHS Markit: US gasoline demand could be cut almost in half due to COVID-19

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Further, according to the latest IHS Markit forecasts, the global auto industry will exerience an unprecedented and almost instant stalling of demand in 2020, with global auto sales forecast to plummet more than 12% from 2019 to 78.8 during the global recession in 2008/2009. million units.

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Center for Automotive Research calls long-run economic risk to auto industry of mandating permanent fuel economy standards very serious; recommends periodic reviews

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Based on the results of the study, CAR believes the economic risk to the auto industry connected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.