Monday, May 15, 2023

U.S. vehicles get older and bigger as economic environment, consumer preferences change

U.S. vehicles get older and bigger as economic environment, consumer preferences change https://ift.tt/nwm3vCl

Consumers' choices to keep their current vehicles longer and purchase used instead of new are pushing the average age of U.S. vehicles up — a boon for the service industry. Passenger cars are the oldest on average; electric vehicles are the youngest.

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