IHS Markit: average age of cars and light trucks in US rises to 12.1 years
Green Car Congress
JUNE 15, 2021
The increase in average age will further drive vehicle maintenance opportunities from an increasingly aged vehicle fleet. While new vehicle sales proved resilient, the most significant impacts to VIO from the pandemic were felt in the rate of vehicle scrappage and vehicle miles traveled. of VIO for the whole year. —Todd Campau.
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