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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. We attribute this to a number of factors, including the economy and the increasing quality of today’s automobiles. In comparison, a record high of more than 14 million vehicles were scrapped in 2012.

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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. In comparison, a record high of more than 14 million vehicles were scrapped in 2012.

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Drive Electric Submission Land Transport (Clean Car) Amendment Bill

Drive Electric

Scrappage schemes. The European Commission put in place emissions standards starting in 2012. The impact of the Clean Vehicle Discount can be seen in light vehicle sales. per cent of sales. It is expected that EVs will account for more than half of all US passenger car sales by 2030. FBT, depreciation); and.

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