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IHS: average age of vehicles on the road in US steady at 11.4 years; scrappage rate declining

Green Car Congress

In addition, new vehicle registrations outpaced scrappage by more than 24% for the first time in a decade, according to the analysis. The average age is in line with the trend shift first seen in 2013, in which the combined fleet of cars and light trucks on the road is older than ever. million (1.5 percent) since last year.

Scrappage 210
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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

Green Car Congress

New vehicle registrations also outpaced scrappage by more than 42%—the highest rate seen since the statistic has been tracked, according to the analysis. Scrappage is defined by a vehicle being taken out of the fleet and no longer in use. Looking ahead, IHS forecasts that average age is likely to hit 11.6 until 2018.

2015 150
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Euro Auto Production Down 35% in First Quarter 2009; Second Half Production May be Down 25%; Small Cars Hit New Record Share

Green Car Congress

The small car segment has increased its share. million vehicles, according to the latest Economic Report from the European Automobile Manufacturers Association (ACEA). Van (-57%) and truck production (-56%) dropped even more than the manufacture of passenger cars (-31%). for passenger cars and 37.6% Source: ACEA.

2009 150
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Global NCAP calls for universal application of minimum vehicle safety standards in all world markets by 2020

Green Car Congress

Millions of new cars sold in middle and low income countries fail to meet the UN’s basic safety standards for front and side impacts, according to international automotive safety watchdog Global NCAP (New Car Assessment Program). This is entirely unacceptable. They must have crumple zones, air bags, and electronic stability control.

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