IHS: average age of vehicles on the road in US steady at 11.4 years; scrappage rate declining
Green Car Congress
JUNE 9, 2014
We attribute this to a number of factors, including the economy and the increasing quality of today’s automobiles. years by 2019. This rate of growth is slowing as compared to the last five years due to the substantial increase in new vehicle sales. years through 2015, then rise to 11.5 years by 2017 and 11.7
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