US households are holding on to their vehicles longer
Green Car Congress
AUGUST 22, 2018
The turnover of household vehicles has slowed since 2009, based on US Department of Transportation surveys of household vehicle travel, the US Energy Information Administration (EIA) reported. The 2017 National Household Travel Survey (NHTS) reported that the average vehicle—including cars, trucks, and vans—has increased from 9.3 years in 2009 to 10.5 years in 2017, suggesting that many households have delayed the purchase of a new vehicle and continuing a trend of US households oper
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