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IHS: average age of vehicles on the road in US steady at 11.4 years; scrappage rate declining

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In addition, new vehicle registrations outpaced scrappage by more than 24% for the first time in a decade, according to the analysis. —Mark Seng, director, aftermarket solutions and global aftermarket practice leader at IHS Automotive. million (1.5 percent) since last year. years through 2015, then rise to 11.5 years by 2019.

Scrappage 210
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Polk forecasts global new vehicle auto sales to reach 77.7M in 2012, up 6.7%; expects China sales to grow 16% while US sales recovery slows

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Global automotive market intelligence firm Polk forecasts worldwide new vehicle sales in 2012 will rise 6.7% Polk analysts believe the global economy will weather the current European sovereign debt crisis and consumers will return to showrooms around the world in 2012. Polk forecast, millions of units. Click to enlarge.

2012 199
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Deloitte study concludes mass adoption of EVs in Europe is some distance away

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Just like the Government supported the highly successful car scrappage scheme, they should now be turning their attention to electric vehicles. Deloitte Touche Tohmatsu Limited’s (DTTL) Global Manufacturing Industry group conducted a global survey to explore consumer adoption of electric vehicles (EVs).

Europe 258
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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

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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. Production forecasts from IHS. For 2020 to 2050, the UMTRI team then used their knowledge of past and current country. to 2050.

Fleet 218
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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

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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.

2015 150
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European car registrations drop 7.1% in April, diesel down 15%, SUVs continue to grow

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Since the scandal, which broke in 2015, the fuel type has suffered major setbacks to its reputation as governments consider new legislation that directly affect diesel car owners—such as plans in the UK for a diesel scrappage scheme. —Felipe Munoz, Global Automotive Analyst at JATO Dynamics.

Diesel 150
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ITF study finds limited environmental and safety impacts of car fleet renewal schemes in US, France and Germany

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While scrappage schemes have the potential to deliver on objectives such as reducing pollutant emissions, these have not done so as well. improved car fleet fuel economy, while working toward a global reduction of emissions from. as they could, precisely because of their design characteristics. Earlier post.). Resources.

France 249