Thursday, January 7, 2010

Our Car Population Is Shrinking!


TW: This chart only goes back to 1990 but I would suspect the lines had not crossed for quite awhile prior either. The number of vehicles being scrapped is exceeding those new vehicles registered meaning our population of vehicles is shrinking for the first time probably since vehicles were invented. I believe something like 1.2 vehicles are registered per American meaning there are a heck of alot of vehicles populating our roadways, garages and driveways. Excessive consumption is rightly derided within the U.S. this is change for the better even if it is highly painful for the industry.

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