IHS: average age of vehicles on the road in US steady at 11.4 years; scrappage rate declining
Green Car Congress
JUNE 9, 2014
The average age is in line with the trend shift first seen in 2013, in which the combined fleet of cars and light trucks on the road is older than ever. We attribute this to a number of factors, including the economy and the increasing quality of today’s automobiles. years through 2015, then rise to 11.5 years by 2017 and 11.7
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