Share 'Our Cars Get Older: Average Age of Vehicles on the Road Keeps Climbing – Why?'
New analysis from IHS Markit points to record-breaking vehicle ages on the road today. Over the past few years, vehicle age has been slowly trending upwards and is now at an all-time high of 11.9 years. In fact, 1 in 4 cars and trucks you see are at least 16 years old.
But why? Here to discuss what the data says about this trend is Todd Campau, after-market specialist with IHS Markit.
“We sit at…
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