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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

In addition, new vehicle registrations outpaced scrappage by more than 24% for the first time in a decade, according to the analysis. We attribute this to a number of factors, including the economy and the increasing quality of today’s automobiles. Looking ahead, IHS forecasts that average age of vehicles is likely to remain at 11.4

Scrappage 210
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Global NCAP calls for universal application of minimum vehicle safety standards in all world markets by 2020

Green Car Congress

Millions of new cars sold in middle and low income countries fail to meet the UN’s basic safety standards for front and side impacts, according to international automotive safety watchdog Global NCAP (New Car Assessment Program). —Global NCAP Chairman Max Mosley. This is entirely unacceptable.

2020 150
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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

New vehicle registrations also outpaced scrappage by more than 42%—the highest rate seen since the statistic has been tracked, according to the analysis. Scrappage is defined by a vehicle being taken out of the fleet and no longer in use. —Mark Seng, global aftermarket practice leader at IHS Automotive. until 2018.

2015 150
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UMTRI study finds US and China could turnover more than 90% of LDV fleet to alternative powertrains by 2050 under very aggressive penetration scenarios

Green Car Congress

Production forecasts from IHS. Production forecasts from IHS. Global Insight for powertrains/fuels for each country formed the basis for a moderately aggressive model for penetration of alternative powertrains/fuels into each country’s new vehicle fleet from 2010 to 2020. Motor Engineering and Manufacturing North America.

Fleet 218