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

Green Car Congress

This represents one of the highest annual increases the US auto industry has seen since IHS Markit began tracking VIO growth—second only to the 2.3% Because of the growth in popularity of light trucks—including CUVs/SUVs—vehicle age in the US. million (2.2%) since 2018. growth in 2016. —Mark Seng.

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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

Green Car Congress

years, according to IHS Markit, a provider of business information and analysis for the global automotive industry. 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.

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Rivian IPO: What you need to know

Teslarati

And as the company approached the production of the R1T pickup truck and R1S SUV, its losses grew. “Above $70,000, the global addressable market for Rivian’s SUV and pickup is less than 1.5 Schwab served as Rivian’s Vice President of Sales and Marketing during her tenure with the company. ” Conclusion.

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At Home with Bob Lutz

Revenge of the Electric Car

Bob didn’t emote too much over the state of the car industry and Detroit as a whole, but, surprisingly, his wife did. As bad as things are reported to be, the people we saw and talked to seemed to be generally in decent spirits, and though we found a “For Sale” sign on nearly every block, we didn’t find very many next door to each other.

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News: 2023 Fisker Ocean Introduced

Clean Fleet Report

The production-ready 2023 Fisker Ocean debuted at the 2021 Los Angeles Auto Show to an interested group of industry insiders and journalists. Henrik Fisker revealed his plans to shake-up the electric SUV category with the all-new, all-electric Ocean. Things are getting interesting, folks. Story by John Faulkner.

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A 100 m.p.g. truck? A Bright IDEA | Freep.com | Detroit Free Press

Tony Karrer Delicious EVdriven

Facebook Digg Reddit Newsvine More evidence that we are approaching an exciting new frontier in the automotive industry will be on display today on Capitol Hill. Three years ago, the magazine Popular Mechanics even wrote an article prodding the auto industry for not building the 100 m.p.g. Right Now can be seen here.

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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

As a subscriber, you can receive our free weekly China Auto News, which keeps you informed the latest developments of Chinas automobile industry. Chinese auto makers also showed other types of "new energy" vehicles, including regular gasoline-electric hybrids to compete with Toyota Motor Corp.s Gasgoo.com | ?? |

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