IHS Markit: average age of cars and light trucks in US rises to 12.1 years
Green Car Congress
JUNE 15, 2021
New research from IHS Markit shows that the average age of light vehicles in operation (VIO) in the US has risen to 12.1 The ongoing microchip shortage is expected to continue to challenge new vehicle production volumes through the fourth quarter 2021, but rounding out the year, IHS Markit expects US light vehicle sales to reach 16.8
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