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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. We attribute this to a number of factors, including the economy and the increasing quality of today’s automobiles. Looking ahead, IHS forecasts that average age of vehicles is likely to remain at 11.4

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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. years in 2016 but not reach 11.7

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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

Production forecasts from IHS. very aggressive model of penetration; Establish vehicles-in-use, scrappage, and sales estimates for vehicles in the fleet using the old technology/fuels and vehicles using the alternative powertrains/fuels; and. Yet even in the automotive industry with its long lead.

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Global NCAP calls for universal application of minimum vehicle safety standards in all world markets by 2020

Green Car Congress

The global vehicle fleet reached 1 billion units in 2010 and is forecast to double in the next ten to fifteen years, with much of this increase occurring in low and middle income countries which account for 90% of total road deaths. The automotive industry should cease the practice of de-specification and bundling of safety features.

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