U.S. Auto Fleet Doubles in Size
2 June 1997
U.S. Auto Fleet Doubles in SizeOldest Cars In History; New Findings From Polk's Vehicle In Operation Report DETROIT, June 2 -- Polk announced today that the United States automobile fleet doubled in size between 1970 and 1996 and the scrappage rate of vehicles continues its historic decline according to the newly released Vehicle In Operation (VIO) report. Freeways More Crowded? Auto Fleet Doubles in Size The U.S. automobile fleet increased nearly five million units from 1995 to 1996. As of June 30, 1996 (most recent available figures), there were 198.3 million vehicles in operation. The increase in fleet size was fueled mostly by the continuing popularity of pickup trucks and sport utility vehicles. In 1970, the nation's automobile fleet stood at 98.1 million units. Twenty-six years later, the fleet doubled to its current figure of 198.3 million units. The auto fleets' previous doubling occurred over the 18 year span from 1952 (48.1 million) to 1970. Cars on Scrap Heap Continues Historic Decline The number of vehicles being scrapped remained under 6 percent between 1995 and 1996. This continues the declining trend of the overall scrappage rate. The 1960s saw a scrappage rate of 8 percent, compared to 7 percent in the 1970s, 6.5 percent in the 80s, and now a 6 percent rate thus far in the 90s. (A vehicle that fails to re-register is presumed to be scrapped and is used to determine the scrappage rate.) Decade Scrappage Percent 1960s 8% 1970s 7% 1980s 6.5% 1990s 6.0% For the seventh consecutive year, the median age of an automobile in the United States has risen. The median age of a car in 1996 was 7.9 years, the oldest ever in history. The median age of trucks was 7.7, matching its oldest age set in 1986. Median Age Cars Trucks 1996 7.9 years 7.7 years 1995 7.7 years 7.6 years 1994 7.5 years 7.5 years 1993 7.3 years 7.5 years "There's little doubt vehicles are lasting longer," said Bill Sawyer, Polk's vice president of transportation products. "In fact, our data shows they have become 6 years older since 1980. This is further evidence that manufacturers' efforts to increase quality have paid off and automobiles can certainly be designed to last even longer. The question remains, however, at what cost?" Polk's VIO report, the "census" of the United States vehicle fleet, covers vehicle registrations from the period from July 1, 1995 through June 30, 1996. Polk produces the VIO report from official state registration records. It markets the information to vehicle manufacturers, the automotive aftermarket and the tire, oil, glass and insurance industries. State and federal government agencies also use the Polk census for studies involving environmental, energy and safety issues. Polk provides multi-dimensional intelligence information solutions to companies as a direct marketing resource; a supplier of demographic and lifestyle data and database marketing services; a statistician for the motor vehicle industry; a publisher of city directories; and a data enabler for geographic information systems. Polk is a privately held global firm with facilities around the world including the United States, Canada, England, Germany and Barbados. For more information, contact Jim Miller, public relations director for Polk, at 800-525-3533 ex. 5696. The Polk Company Median Age of Automobiles and Trucks In Operation in the US YEAR AUTOMOBILES TRUCKS 1970 4.9 5.9 1971 5.1 6.1 1972 5.1 6.0 1973 5.1 5.8 1974 5.2 5.6 1975 5.4 5.8 1976 5.5 5.8 1977 5.6 5.7 1978 5.7 5.8 1979 5.9 5.9 1980 6.0 6.3 1981 6.0 6.5 1982 6.2 6.8 1983 6.5 7.2 1984 6.7 7.4 1985 6.9 7.6 1986 7.0 7.7 1987 6.9 7.6 1988 6.8 7.1 1989 6.5 6.7 1990 6.5 6.5 1991 6.7 6.8 1992 7.0 7.2 1993 7.3 7.5 1994 7.5 7.5 1995 7.7 7.6 1996 7.9 7.7 SOURCE Polk