Average Age of Cars on US Roads Hits 12.5 Years, A Record High
The average vehicle age in the U.S. is now at 12.5 years, which means it's up three months from last year and at a record high. Not only that, but this last year's growth is also the highest year-over-year growth since 2008 and 2009 during the infamous recession.
What makes the average vehicle age going up even more interesting is that electric cars helped new car sales last year.
Car companies pushing for more affordable EVs, along with federal and state tax incentives, might help more American customers into newer vehicles, which could bring the average age of cars up over the next couple years.
Small Cars Falter in Updated Moderate Overlap Crash Test
Most small cars don’t provide good protection for rear-seat passengers, the latest crash test ratings from the Insurance Institute for Highway Safety show. None of the five small cars IIHS tested earns a good rating.
“These results highlight one of the key reasons that we updated our moderate overlap front crash test,” said IIHS President David Harkey. “In all the small cars we tested, the rear dummy ‘submarined’ under the seat belt, causing the lap belt to ride up onto the abdomen and increasing the risk of internal injuries.”
Removing Risk for Remarketing Clients
This new FLD hire is a seasoned professional, and she’s excited to help clients remove risk when it comes to remarketing their vehicles - because FLD provides a quote within a few hours and gets you paid in as soon as one day.
Fleetstore Brings Together Curated Fleet Solutions
The Fleetstore marketplace brings together curated fleet solutions for 13+ categories, all with interconnected data. That makes finding the right solutions easier and more affordable, especially for small and medium-sized fleets.
Making a Difference
“Perseverance and commitment are important traits, but the real reward is seeing the value you brought to and the difference you made in someone else’s world,” says Jennifer Chapman in today’s WIFM (Women in Fleet Management) Profile. It’s inspiring, and you can read it HERE.
Fleet Solutions, Curated
In the second of today’s videos Amit Jain talks about how the Fleetstore marketplace brings together curated fleet solutions for 13+ categories, with the goal to make finding the right solutions easier and more affordable, especially for small and medium-sized fleets. We think that’s a great idea! Watch it HERE.
Ted Roberts
President
