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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. This represents the highest annual increase the auto industry has seen in the US since it began tracking VIO growth, breaking the record of 2.1% million (2.4%) since last year. growth set in 2015.

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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% growth in 2016. For the aftermarket repair industry, however, there is also a positive trend with the oldest light vehicles on the road. million (2.2%) since 2018.

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What Part Do EVs Play in the Federal Net-Zero Emissions Target?

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Are electric vehicles (EVs) the answer to the automobile industry’s role? EVs are becoming more commonplace–setting a record for sales in 2023 What Is the Federal Net-Zero Emissions Target? In 2016, nearly 200 countries ratified the Paris Agreement, an international treaty to reduce emissions and slow global warming.