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Americans have changed their attitudes about cars — and it’s a huge boon for the US auto industry

November 22, 2016

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America is not a nation that likes to drive old cars — at least we weren’t until the financial crisis.

Ever since the end of the crisis, and the beginning of a booming recovery in the US auto market, we’ve been doing just that.

Since about 2009 the age of a car or truck on US roads has steadily averaged about 11 years — ancient, by American standards.

Throughout the industry, the expectation has been that this average vehicle age will drop, as American’s replace the old cars and pent-up demand from post-crisis period is satisfied.

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