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. million (2.1%) since last year and the highest annual increase the auto industry has seen in the US since IHS began tracking VIO growth. As of Q1 2015, the average length of ownership for a new vehicle is 77.8
Let's personalize your content