IHS Markit: average age of cars and light trucks in US rises again in 2019 to 11.8 years
Green Car Congress
JUNE 28, 2019
The 40 percent drop in new vehicle sales due to the recession created an acceleration in average age like we’ve never seen before. 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% million (2.2%) since 2018. growth in 2016.
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