Thursday, November 6, 2014

Average age of vehicles in operation in 2014 remained steady at 11.4 years

The level was identical in 2013.

IHS/Polk reported here:

SOUTHFIELD, Mich. (June 9, 2014) – The combined average age of all light vehicles on the road in the U.S. remained steady at 11.4 years, based on a snapshot of vehicles in operation taken Jan. 1 of this year, according to IHS Automotive, which incorporated Polk into its business last year.