IHS: average age of light vehicles in US rises slightly in 2015 to 11.5 years; length of new vehicle ownership hits record high
Green Car Congress
JULY 29, 2015
years, based on a snapshot of vehicles in operation (VIO) taken 1 January 2015, according to IHS Automotive. Average age for both passenger cars and light trucks increased just slightly in 2015, and both now stand at 11.5 As of Q1 2015, the average length of ownership for a new vehicle is 77.8 years in 2016 but not reach 11.7
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