- Apr 2013
- Left coast
I receive a daily business email from CNBC. It had this headline this morning which got me thinking. Is this due to a slow economy or is it more indicative that cars are now better built and last longer, or is it that a shiny new car isn't the "must have" status symbol it once was?
Just ignore the Obama bashing.
Despite near record high auto sales, the latest data from IHS Automotive shows the average age of vehicles in America has again climbed to an all-time high of just over 11.4 years.