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Tag Archives: polk
SUVs, Crossovers Most Popular Styles in US for First Time
The claim, part of a long-running trend, comes from an analysis of registration data for the first five months of 2014. Continue reading
Aging Fleet Good for Automakers, Aftermarket
The U.S. vehicle fleet continues to age with an average now at a record high of 11.4 years based on review of more than 247-million U.S. car and light truck registrations on 1 January 2013. Continue reading
Posted in aftermarket, transportation
Tagged autoinformed, autoinformed.com, CAR Management Briefing Seminars, fleet age, Ken Zino, polk
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U.S. Auto Sales to Increase in 2013 to 15.3 Million as Recovery Slows
Prognostications are now well underway among consulting firms to predict 2013 U.S. auto sales. On the eve of the final results for 2012 U.S. auto sales, one firm has new light vehicle registrations in the U.S. in 2013 increasing 6.6% from 2012 levels to 15.3 million vehicles. Continue reading
Posted in auto news, sales
Tagged 2013 auto sales, auto informed, autoinformed.com, automotive news, Ken Zino, lmc, polk
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Right to Repair Bill Passes Massachusetts Senate
A version of the bill, omitting dealerships, is currently before the Massachusetts house, with unknown prospects. However, more than 100,000 citizens signed a Right to Repair ballot initiative earlier this year. If the legislature does not pass a final bill, the state’s consumers will get their own chance to vote—on the November ballot. Recent polls have shown support level for Right to Repair as high as 87%. Continue reading
U.S. Vehicle Ownership Now at a Record 71 Months
The average length of vehicle ownership that were purchased as new has risen to a record 71.4 months, or nearly six years, according to the latest Polk registration data. Consumers who purchased used vehicles held them nearly 49.9 months. Combined, new and used vehicle owners are holding on to their vehicles for an average 57 months. Continue reading
Average Age of U.S. Vehicles Reaches Record High
Perhaps more significantly for automakers, 2011 ended the U.S. vehicle population decline that has occurred annually since 2008. This worrisome trend meant households were decreasing the number of vehicles. According to Polk, the total vehicles in operation – VIO – in July 2011 was just over 240.5 million, an increase of 500,000 units over July in the previous year, and nearly equal to 2009 VIO. The highest VIO on record was achieved in July 2008, when more than 242 million passenger cars and light trucks were on America’s roads. The financial markets collapsed that fall. Continue reading
Posted in aftermarket, auto news, news analysis, results, transportation
Tagged auto informed, autoinformed.com, automotive news, average vehicle age, Ken Zino, polk, vio
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