Wednesday, May 21, 2014

America's aging autos

"From 2008 to 2012, the average age of U.S. households’ vehicles increased as owners held on to their cars, trucks, and vans longer. The trend in aging autos coincides with declines in average household income in 2008; however,  subsequent recovery in households’ incomes and a return to previous levels of
expenditures on vehicles in 2012 do not appear to have reversed the pattern of aging.."
Aging Automobiles

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