The number of vehicles in use on U.S. roads in 2001 grew by the smallest margin in the last four years, as high scrappage rates partially offset record new vehicle registrations for the last two years, according to a Ward’s analysis of the latest data available from the Polk Co. Significantly, the smaller increases in the total number of vehicle registrations may be a leading indicator of renewed growth for the U.S. market in coming years. As of June 30, 2001, the total number of ...
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