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. years, based on a snapshot of vehicles in operation taken 1 Jan of this year, according to IHS Automotive. 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 million (1.5
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