Automotivation: July 2022

 

Potential for a ‘Notable Increase’ in Repair Revenue As Average Vehicle Age Increases to 12.2 Years

Average age of light vehicles in the US reaches all-time high; Light trucks among 50% of electric vehicle new registrations as EVs gain more VIO The average age of light vehicles in operation (VIO) in the US rose to 12.2 years this year, increasing by nearly two months over the prior year, according to new research from S&P Global Mobility (formerly the automotive team at IHS Markit).

 
 

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Written by Developer Autoshop

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