America’s Cars Not Getting Any Younger

Cars in America are continuing to age, in spite of blossoming auto sales.

The combined average age of all light vehicles on the road in the U.S. is 11.4 years as of Jan. 1, same as the year before, says IHS Automotive and its Polk subsidiary. That’s still at the highest levels since Polk started tracking it.

For another year, that’s a record level — and now trucks have hit the same level as cars.

“In our history of tracking, we have seen a gradual increase in the average age of vehicles on the road,” says Mark Seng, director of aftermarket solutions at IHS Automotive, in a statement. “This year, we’re seeing somewhat of a plateau in the market, and expect it to remain over the next few years.”

Read the full article here.

Fuel Economy Takes a Step in the Right Direction

American vehicles are getting better fuel economy than ever before, according to a study released in late April. Good news for SUV, pickup and muscle car drivers.

Over half of the vehicles sold this year deliver over 23 mpg, with one in nine topping 30 mpg, the study showed.

Even some traditional gas guzzlers are now yielding mileage once considered a stretch for small cars, industry and government data reveals, though automakers still face a stretch achieving the 54.5 mpg target facing them in 2025, observers warn.

“This has been remarkable,” said Mark Cooper, research director for the Consumer Federation of America, which has been tracking fuel economy trends for over a decade. After years of relatively stagnant mileage, the increased federal fuel economy rules passed in 2005 have been paying off, he said, it’s an encouraging example of how public awareness can inspire change in the industry.

Read the full article here.

 

US Auto Sales up 6%

U.S. auto sales picked up steam halfway through March and ended strong. 6% may not seem like huge growth. But after a 3% decline in January and a flat result in February, any sign of momentum is a good one for the industry.

Coming after many months of strong growth, the sluggish results earlier this year raised a troubling question in many investors’ minds: Was it just the weather keeping buyers away from car dealers, or was the economic tide starting to turn for the worse?

Several automakers made a point of saying on Tuesday that the pace of sales improved significantly in late March — a sign that maybe it really was “just the weather.”  As the weather continues to improve, hopefully auto sales do, too.

Read the full article here. 

Best Car Commercials of 2012

Some really awesome, creative ones in the running! Capitalizing on the popularity of car commercials, the advertising competition known as the One Show will make an appearance during the Detroit auto show next month to reveal its picks for the 10 greatest car commercials of the last 25 years.

A panel of more than 100 advertising and journalism professionals will judge 60 entries, and the top 10 will be announced on Jan. 15 during the press preview days for the Detroit auto show. The One Show will also announce a people’s choice award for the car commercial most loved by the public.

Read the full story and watch the commercials here.

Folding Car? Fact or Myth

These things are awesome! Ever tried to find a parking spot in New York City? If so, you’re probably still looking for one because your car is too big to squeeze into any of those tiny spaces that are available.

You might not have that problem if you had the Hiriko Fold city car, an uber-compact electric car that folds right up to shoehorn into the tightest of parking spots. If news of this pint-sized car quells your road rage with visions of vehicular bliss, brother, you’re in luck. The car is expected to hit the market next year.