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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. In comparison, a record high of more than 14 million vehicles were scrapped in 2012. million (1.5 percent) since last year.

Scrappage 210