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IHS Markit: average age of cars and light trucks in US rises to 12.1 years

Green Car Congress

New research from IHS Markit shows that the average age of light vehicles in operation (VIO) in the US has risen to 12.1 While new vehicle sales proved resilient, the most significant impacts to VIO from the pandemic were felt in the rate of vehicle scrappage and vehicle miles traveled. of VIO for the whole year. —Todd Campau.

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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

The combined average age of all light vehicles on the road in the U.S. Total light vehicles in Operation (VIO) in the US reached a record level of more than 252,700,000—an increase of more than 3.7 In addition, new vehicle registrations outpaced scrappage by more than 24% for the first time in a decade, according to the analysis.

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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

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

Green Car Congress

However, IHS Automotive analysts still expect light vehicle sales in China to grow by 7% in 2015 to 25.2 million units, aided with increased auto finance penetration, fast dealership expansion and government vehicle scrappage programs. North America continues to be an impetus to global light vehicle demand levels. North America.

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World Bank/ICCT report provides guidance to reducing black carbon emissions from diesels in developing countries

Green Car Congress

In 2012 the International Agency for Research on Cancer re-categorized diesel engine exhaust as carcinogenic to humans based on evidence that sufficient exposure is associated with an increased risk of lung cancer. Global black carbon emissions from transportation by region among top 10 motorized regions, 2000-2050. Source: Minjares et al.,

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Hyundai plans green growth investment

Green Cars News

Hyundai, which has already enjoyed great success in the UK since the implementation of the scrappage scheme , has now announced plans to invest W9.3trillion this year with W4.1trillion to go towards green growth projects. It has also outlined the aim to become one of the top four green car companies in the world.

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Drive Electric Submission Land Transport (Clean Car) Amendment Bill

Drive Electric

Given New Zealand’s reliance on personal light vehicles, accelerating the uptake of e-mobility is an essential part of reducing emissions from transport. The technology is ready and available to make this transition in the light vehicle fleet. Scrappage schemes. Principle . FBT, depreciation); and. Drive Electric members’ views.

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