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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

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. This while VIO is up 1.5%, a rate the auto industry hasn’t seen in the US since 2004-2005. years by 2017 and 11.7

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How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

The auto industry is a relatively small chip end-user, but it’s growing fast. billion, the auto industry makes up less than 9 percent of chip demand by revenue, according to market research firm IDC. In comparison, spending to equip 300-mm fabs is expected to hit $78-billion in 2021.

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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

million (2.1%) since last year and the highest annual increase the auto industry has seen in the US since IHS began tracking VIO growth. As long as we have tracked average age, it has gradually risen over time due to the increasing quality of automobiles. percent of the fleet.

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Europe’s biggest EV market is about to hit a perfect storm of problems

Baua Electric

Germany’s VDA, an interest group for the country’s automobile industry, says that battery-powered vehicles are likely to see a decline from 524,000 units last year – more than any other European market – to 451,000 units this year. For comparison, the US produced 1.1 million BEVs in 2023 to Germany’s 1.2

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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

President Biden says his EV policies will result in “one million new jobs in the American automobile industry. auto industry jobs could rise by 150,000 by 2030 if battery electric vehicles sales reach 50 percent by 2030 and the vehicle market share of U.S.-assembled million jobs” in the Japanese auto industry.

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Tesla fans’ focus on NHTSA advisor Cummings a distraction ‘from real safety issues’: NTSB Chair

Teslarati

“We’ve issued recommendations to other auto manufacturers and don’t get that response. NHTSA issues regulations across the auto industry, and they also do not get that response. That would just not happen,” Homendy added. million miles drive while drivers utilized Autopilot technology.

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Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

’s expertise on the auto industry in general, we are concerned that in its understanding of future pathways, it offers a flawed analysis and predictions based on business-as-usual,&# notes a posting on the California Car Initiative’s Web site. How about using a competition sailplane for comparison, instead?

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