Average Age of Vehicles Sets Record, New-Vehicle Sales Drop to Where They Were 20 Years Ago. What Are Automakers Doing? – WOLF STREET

Business News

Average Age of Vehicles Sets Record, New-Vehicle Sales Drop to Where They Were 20 Years Ago. What Are Automakers Doing?  WOLF STREET

The average age of passenger cars and trucks on the road in the US ticked up again in 2019, to another record of 11.8 years, IHS Markit reported today.

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Source: Business News