Fleet Forecast Light Scrappage 
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 increase in average age will further drive vehicle maintenance opportunities from an increasingly aged vehicle fleet. million according to current forecasts, which can be expected to mute average age growth.
Green Car Congress
JUNE 9, 2014
The combined average age of all light vehicles on the road in the U.S. Total light vehicles in Operation (VIO) in the US reached a record level of more than 252,700,000—an increase of more than 3.7 In addition, new vehicle registrations outpaced scrappage by more than 24% for the first time in a decade, according to the analysis.
Green Car Congress
JULY 29, 2015
The combined average age of all light vehicles on the road in the US has climbed slightly to 11.5 Registrations for light VIO in the US also reached a record level of 257,900,000—an increase of more than 5.3 Registrations for light VIO in the US also reached a record level of 257,900,000—an increase of more than 5.3
Green Car Congress
NOVEMBER 9, 2010
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.
Green Car Congress
MARCH 11, 2015
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. World Health Organization (WHO) figures put the annual death toll from road crashes worldwide at 1.3
Expert insights. Personalized for you.
243 
Let's personalize your content