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You are here: Home / Archives for Vehicle Age

Average Age of Cars and Light Trucks in the U.S. Rises to 12.1 years

June 14, 2021 By CollisionWeek Editor

US Light Vehicle Average Age, 2021 (Source: IHS Markit)

Pandemic accelerated age of vehicles. Vehicles in operation declines. New research from IHS Markit (NYSE:INFO) shows that the average age of light vehicles in operation (VIO) in the U.S. has risen to 12.1 years this year, increasing by nearly 2 months during 2020 and elevated by the COVID-19 pandemic. The increase in average age will […]

Filed Under: News Tagged With: IHS Markit, Vehicle Age, Vehicles in Operation

Average Age of Cars and Light Trucks in the U.S. Near 12 Years

July 28, 2020 By CollisionWeek Editor

New research from IHS Markit (NYSE:INFO) shows that the average age of light vehicles in operation (VIO) in the US has risen to 11.9 years this year, about one month older than in 2019. Though slight, the increase can generate new business opportunities for companies operating in the aftermarket and vehicle servicing sector in the […]

Filed Under: News Tagged With: Vehicle Age, Vehicles in Operation

Average Light Vehicle Age Rises in U.S. to 11.8 Years

June 28, 2019 By CollisionWeek Editor

VIO Age US by Region

The average age of light vehicles in operation (VIO) in the U.S. has risen again this year to 11.8 years, according to new research from business information provider IHS Markit (NASDAQ: INFO). This acceleration of average age can easily be seen when looking across the last 17 years. From 2002-2007, the average age of light […]

Filed Under: News Tagged With: IHS Markit, Vehicle Age, Vehicles in Operation

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