The Aging Road: How Older Cars are Reshaping the Automotive Landscape

Photo by Wade Lambert on Unsplash

For decades, the automotive industry thrived on the constant churn of new cars replacing old ones. But a curious trend is emerging: the average age of cars on the road is steadily climbing. In the US, it hit a record high of 12.5 years in 2023, and projections suggest it could reach 12.9 years by 2025. This shift has significant implications for both automakers and…