Archives for month: June, 2014

Aging Population of America’s Cars

Posted by jg on June 10th, 2014 in Category Car News (no responses)

Cars in America aren’t getting any younger. The average age has remained over 10 years old.

The combined average age of all light vehicles on the road in the U.S. was 11.4 years as of Jan. 1, same as the year before, says IHS Automotive and its Polk subsidiary. That’s still at the highest levels since Polk started tracking it

For another year, that’s a record level — and now trucks have hit the same level as cars.

“In our history of tracking, we have seen a gradual increase in the average age of vehicles on the road,” says Mark Seng, director of aftermarket solutions at IHS Automotive, in a statement. “This year, we’re seeing somewhat of a plateau in the market, and expect it to remain over the next few years.”

The nation’s cars and trucks are collectively aging even as auto sales have blossomed to levels that haven’t been seen in almost a decade.

Read the full article here.