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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

In addition, new vehicle registrations outpaced scrappage by more than 24% for the first time in a decade, according to the analysis. 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. million (1.5 percent) since last year.

Scrappage 210
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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. New vehicle registrations also outpaced scrappage by more than 42%—the highest rate seen since the statistic has been tracked, according to the analysis. percent of the fleet. until 2018.

2015 150
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UMTRI study finds US and China could turnover more than 90% of LDV fleet to alternative powertrains by 2050 under very aggressive penetration scenarios

Green Car Congress

Turnover of the US fleet under the three models of penetration. A less aggressive approach yielded fleet turnover rates of 60% or more for most countries, while a moderately aggressive approach yielded fleet turnover rates of more than 80% for most countries. Production forecasts from IHS. Turnover of the Chinese fleet.

Fleet 218
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Euro Auto Production Down 35% in First Quarter 2009; Second Half Production May be Down 25%; Small Cars Hit New Record Share

Green Car Congress

While fleet renewal schemes (vehicle scrappage) have helped segments of the passenger car market in some countries, overall vehicle demand in Europe went further down as well. Fleet renewal incentives are now in place in 13 Member States of the EU to stimulate demand and replace older vehicles with cleaner and safer ones.

2009 150
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Can green cars solve automotive crisis? The Green Piece

Green Cars News

The car maker is rumoured to be in so much trouble that it is considering closing a major auto assembly plant for the first time ever – the New United Motor Manufacturing Inc based in Fremont, California, which it shares with General Motors. However, the company’s bright spark remains its green efforts. Why the race is on.