Remove Auto Industry Remove Automobile Remove Scrappage Remove Vehicles
article thumbnail

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. years, based on a snapshot of vehicles in operation taken 1 Jan of this year, according to IHS Automotive. 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 million (1.5

Scrappage 210
article thumbnail

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 years, based on a snapshot of vehicles in operation (VIO) taken 1 January 2015, according to IHS Automotive. Scrappage is defined by a vehicle being taken out of the fleet and no longer in use. until 2018.

2015 150
article thumbnail

Disruptive tech, sustainability agenda driving India’s auto INC | Autocar Professional

Baua Electric

India is the world’s third-largest automobile market. Regardless of the current softer global economic climate and its inevitable impact at home, the country’s automotive industry is set for robust and resilient growth enabled by disruptive technologies and a sustainability mindset.

Auto 40
article thumbnail

Study: Cash-for-Clunkers Programs Should Use Fuel Economy Rather Than Age to Maximize GHG Reductions

Green Car Congress

A study by researchers at UC Davis suggests that a properly designed vehicle scrappage (i.e., The study presents a program framework that, at a minimum, ensures a program that offsets GHG emissions attributable to vehicle manufacturing and end-of-life disposal with use-phase emissions reductions. Earlier post.). Earlier post.).