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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

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.

Scrappage

Scrappage Vehicles Auto Industry Light

Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

Green Car Congress

JANUARY 3, 2012

Polk forecast, millions of units. Global automotive market intelligence firm Polk forecasts worldwide new vehicle sales in 2012 will rise 6.7% Polk expects light-duty vehicle sales in the US to grow at a moderate pace, with a 7.3% —Anthony Pratt, director of forecasting for the Americas at Polk.

2012

2012 Sale Global China

EV Driven

IHS: average age of vehicles on the road in US steady at 11.4 years; scrappage rate declining

Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

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