Average age of U.S. car, light truck on road hits record 11.4 years, Polk says

Americans are holding onto cars and light trucks longer for economic reasons and because vehicles are engineered and assembled to last longer, analysts say. (BLOOMBERG)

By:

Mark Rechtin

August 06, 2013 05:00 AM

Featured Stories

Ford

Tariffs already hurting vehicle affordability as more price hikes loom

Ford

Despite discounts by automakers such as Ford and Stellantis, the average new-vehicle price rose 2.5 percent in April, and more increases are expected.

By:

Michael Martinez

Tariffs already hurting vehicle affordability as more price hikes loom

Manufacturing

Tariff costs, policy uncertainty prevent suppliers from investing in the U.S., MEMA says

Kia technician training program for veterans helps dealership boost productivity

$11 billion tariff tsunami poised to wash over Japanese automakers looking to boost U.S. output

Manufacturing

By:

Hans Greimel

$11 billion tariff tsunami poised to wash over Japanese automakers looking to boost U.S. output